PwC Canada has taken its annual look at market capitalization for 100 junior miners and found a 6% increase to $12.9 billion for the 12-month period ending June 30, 2018, compared to a year earlier. Looking at 987 companies in the broader mining...
Read moreAVZ Minerals’ Manono became the world’s largest non-brine lithium resource after the Perth-based company released the maiden estimate for its 60%-owned project in southern DRC in August this year. At the end of November, AVZ published the results...
Read moreBefore the end of the year, Aura Resources (TSXV: AUU) decided to share its plans for the Gold Chain project, which the Ontario miner acquired last July. In a press release, the company said that as soon as 2019 kicks off, they want to start...
Read moreBrazil’s Vale, the world’s largest iron ore miner, said on Thursday a recent dip in global steel prices is temporary due to overproduction in China ahead of winter output cuts. Vale Chief Executive Fabio Schvartsman told investors in...
Read moreBrazil plans to auction off roughly 20,000 areas for mining exploration in the first half of 2019, Victor Bicca, the head of the National Mining Agency (ANM), said on Thursday. The exploration rights for the areas were taken back by the...
Read moreCanada’s Barrick Gold (ASX, NYSE:ABX), the world’s No.1 gold miner, is selling research and development company AuTec and laying off executives hired to lead what the Toronto-based company had called its “digital reinvention.” Barrick...
Read moreAustralia’s Lucapa Diamond (ASX:LOM) has begun commercial production at its 70%-owned Mothae mine in Lesotho, which it acquired in early 2017. The operation will add to the Perth-based company annual output, until now on depending on just one...
Read moreClick here to find more details This is NAI’s new Resource Weekly. We will be covering the latest news in Mining, and Oil and Gas sectors every week. To continue to receive NAI’s Resource Weekly, please click Here to subscribe.
Read moreTeck Resources (TSX:TECK.A | TECK.B)(NYSE:TCK), Canada’s largest diversified miner, has chosen Japan’s Sumitomo as partner to go ahead with a planned $4.8 billion expansion of the Quebrada Blanca copper mine in northern Chile. Sumitomo Metal...
Read moreSouth Africa’s DRDGOLD Ltd (JSE, NYSE:DRD) will commission this Thursday the first phase of the Far West Gold Recoveries project (FWGR) in West Rand, one of the assets it exchanged with precious metals producer Sibanye-Stillwater (JSE:SGL)...
Read moreShares in Canada’s Nautilus Minerals (TSX:NUS), one of the world’s first seafloor miners, climbed more than 10% on Monday as the company disclosed is negotiating the terms of an agreement with arm’s length third parties that would...
Read moreRelief that an escalation in the trade war between the US and China has been avoided – at least for now – sparked a huge rally in mining stocks on Monday. Gold closed at a one-month high just shy of $1,240 an ounce, iron ore continued to climb...
Read more
