Gold major Newmont on Thursday said that it would only look advance its exploration projects to development by the end of the decade.
Speaking at the Mines and Money Online Connect virtual conference, Newmont president and CEO Tom Palmer noted that w…
Newmonts ‘mega’ growth projects on ice Read More »
ASX-listed and TSX-V listed Austral Gold has made moves to acquire TSX-V-listed Revelo Resources Corporation, with the two companies striking a conditional non-binding letter of intent (LoI).
It is proposed the each Revelo shareholder would be given …
Austral targets Revelo Read More »
Suitor Shandong Gold Mining will have until September 7 to match an increased offer for ASX- and TSX-listed Cardinal Resources.
Cardinal shareholder Nordgold this week increased its all-cash offer for Cardinal shares from 60c a share to 90c a share, r…
Shandong has deadline to match Cardinal offer Read More »
ASX-listed Lithium Australia has struck a gold-focused farm-out joint venture (JV) with fellow listed Okapi Resources over the Mount Day and Medcalf tenements, in Western Australia.
Under the terms of the agreement, Okapi will pay a A$20 000 deposit t…
Lithium Australia/Okapi form gold JV Read More »
Diversified miner BHP has launched a $1.9-billion multi-currency subordinated note repurchase plan, targeting US dollar and euro subordinated notes issued in 2015.
The miner said this week that the multi-currency plan, which will be funded from surplu…
BHP launches share buy-back Read More »
ASX-listed Southern Gold will raise A$10.2-million through a share placement to fund drilling activity over the next two years. The company on Thursday announced that it had received commitments for the subscription of 85-million shares, priced at 12c …
Southern Gold raises funds for Korean exploration Read More »
The resources sector has proven to resilient during the Covid-19 pandemic, bucking the trend to deliver positive growth in the June quarter, new data from the Australian Bureau of Statistics (ABS) has shown.
The ABS this week revealed that Australia’s…
Mining bucks growth trend Read More »
The Greenland government has approved the transfer of ASX-listed Platina Resources’ Skaergaard exploration license to Canadian-listed Major Precious Metals Corporation.
Platina in June this year struck an agreement to divest of the Skaergaard project …
Skaergaard deal gets approved Read More »
ASX-listed King Island Scheelite has inked an offtake agreement with Kalon Resources to supply 1 500 t/y of tungsten concentrate from its Dolphin mine, in Tasmania.
The offtake contract would run for an initial three year period, and represents around…
King Island Scheelite signs offtake agreement Read More »
ASX-listed Westgold has restructured its gold hedging arrangements to take advantage of the higher gold price. The miner said on Wednesday that prior to the restructure, its hedge book schedule for the period ending February 2022 was for 10 000 oz a mo…
Westgold restructures hedging Read More »
