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RTG to raise $6m in private placement

COPPER/GOLD / Marleny Arnoldi

ASX- and TSX-listed RTG has received commitments to raise about $6-million, or A$9-million, in a private placement to Australian and international investors.

“The private placement received strong institutional support, demonstrating the considerable…

RTG to raise $6m in private placement Read More »

Lynas says political debate puts US Defence contract progress on hold

rare earths / Marleny Arnoldi

A political debate on the merits of rare-earth supply in the US has put on hold progress on the US Department of Defense (DoD) Phase 1 contract for a heavy rare-earth separation facility. This is according to Australia’s Lynas, which on April 22 had be…

Lynas says political debate puts US Defence contract progress on hold Read More »

Lynas says political debate puts US Defence contract on hold

rare earths / Marleny Arnoldi

A political debate on the merits of rare-earth supply in the US has put on hold progress on the US Department of Defense (DoD) Phase 1 contract for a heavy rare-earth separation facility. This is according to Australia’s Lynas, which on April 22 had be…

Lynas says political debate puts US Defence contract on hold Read More »

Barrick donates computers to Zambian mining school, repairs police post

SOCIAL RESPONSIBILITY / Donna Slater

Gold miner Barrick Gold Corporation, owner and operator of the Zambia-based Lumwana copper mine, has donated ten computers to the University of Zambia School of Mines and agreed to help repair the Kakayindu police post, in line with its commitment of c…

Barrick donates computers to Zambian mining school, repairs police post Read More »

Alto receives potential competing offer

CORPORATE ACTIVITY / Mariaan Webb

Takeover target Alto Metals has a new suitor – privately owned investor Habrok Mining.

The Western Australia-based gold explorer said on Friday that it had received a proposal from Habrok to make an offmarket takeover offer of 6.6c a share.

The inten…

Alto receives potential competing offer Read More »

Victoria helps relieve explorers of extra pressures during Covid-19

Uncategorized / Marleny Arnoldi

The Victoria government in Australia has started implementing short-term measures to help mineral exploration activity continue through the Covid-19 pandemic.

These include a temporary reduction in fees, charges and rents, as well as other flexible l…

Victoria helps relieve explorers of extra pressures during Covid-19 Read More »

Great Western takes option on 48 claims in Nevada

GOLD, SILVER / Marleny Arnoldi

Aim-listed Great Western Mining Corporation (GWMO) has signed an option agreement with Nevada Select Royalties to acquire 48 mineral claims in Nevada, which are prospective for gold and silver.

Nevada Select is a subsidiary of Ely Gold Royalties.

Great Western takes option on 48 claims in Nevada Read More »

Red 5 buys more prospective deposits around Darlot mine

Uncategorized / Marleny Arnoldi

Australian gold miner Red 5 has exercised an option to buy gold deposits 10 km north of its Darlot mine, in Western Australia.

The deposits – Cables and Mission – were last reported by Leopard Resources to host an inferred resource of 185 000 oz.

Red 5 buys more prospective deposits around Darlot mine Read More »

Chinalco exec proposes curbing China’s copper capacity as lawmakers meet

Uncategorized / Reuters

The general manager of State-owned metals group Chinalco is calling on China to rein in "blind expansion" of copper smelting capacity as the country’s lawmakers gather in Beijing to decide policy objectives and economic targets for the year.

…

Chinalco exec proposes curbing China’s copper capacity as lawmakers meet Read More »

Basto to run BHP’s Australian mines

PEOPLE / Mariaan Webb

Edgar Basto has been promoted to president of mining major BHP’s entire suite of Australian operations, including iron-ore, coal, nickel and copper, with effect from July 1.

The Colombia-born executive previously headed BHP’s Western Australia iron-or…

Basto to run BHP’s Australian mines Read More »

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Recent Posts

  • Tesla and Giga Metals reported talks sends stock soaring
  • President Regan and peaceful protestors
  • Really great article from Jon Rappaport
  • To Coved or not To Coved
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  • The biggest puzzle regarding gold’s rise
  • MINING PEOPLE: Eldorado, Fission Uranium, Norseman Capital, Oroford, Trevali
  • Webinar: Porphyry deposits of the northwestern cordillera of North America
  • Argonaut Gold sells Ana Paula project in Mexico
  • SPY Expectations For The Rest of September
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