Canadian Mining Journal

Australia, NZ & South Pacific

  • News

    RNC expands Beta Hunt with resource update

    July 15, 2019 by Trish Saywell

    Infill and exploration drilling in the Western Flanks Zone of the Beta Hunt gold mine in Western Australia has boosted measured and indicated resources five-fold and inferred resources three-fold, RNC Minerals (TSX:RNX) reports. The updated resource for the Western Flanks zone incorporated

  • News

    GOLD: Greatland finds nuggets at Panorama project

    July 9, 2019 by MINING.COM Staff

    AUSTRALIA – Greatland Gold reported locating numerous gold nuggets, confirming the presence of mineralization over several kilometres of strike at its 100% owned Panorama project, located in the Pilbara region. In a press release, Greatland explained that the nuggets were

  • News

    TAXES: Australia offers highly paid miners some relief

    July 2, 2019 by Canadian Mining Journal

    CANBERRA – The government of Australia is offering some income tax relief to employees in highly paid industries. It’s a move that the mining industry is embracing. Relief will come in three phases. First, a low and middle income tax

  • GOLD: Cyanide-free gold processing technology hits the market

    June 20, 2019 by MINING.COM Staff

    AUSTRALIA – A new technology that delivers commercial-scale, cyanide-free gold processing has been released by Australian-based company Clean Mining. The process replaces cyanide with a safer, less hazardous chemical reagent called thiosulphate. This inorganic compound helps dissolve fine gold out

  • News

    COBALT: Jervois completes merger with M2 Cobalt

    June 19, 2019 by MINING.COM Staff

    AUSTRALIA – Jervois Mining today completed its previously announced merger with M2 Cobalt Corp. of Vancouver following receipt of approvals from both M2 Cobalt shareholders and the B.C. Supreme Court. In light of the merger, Simon Clarke, former CEO and

  • MERGER: Pala to acquire Cobalt 27, create Nickel 28

    June 18, 2019 by Canadian Mining Journal

    TORONTO – Cobalt 27 Capital Corp. has reached an agreement with Swiss-based Pala Investments whereby Pala will acquire 100% of Cobalt 27’s common shares. Cobalt 27 shareholders will receive $5.75 per share – $3.57 in cash and $2.28 in shares

  • News

    TECHNOLOGY: Rio Tinto chooses Cat for autonomous fleet for Koodaideri mine

    May 23, 2019 by Canadian Mining Journal

    WESTERN AUSTRALIA – A fleet of 20 autonomous Cat 793F trucks will soon be hauling ore at the Rio Tinto’s Koodaideri iron ore mine, currently under construction in the Pilbara region. They’ll be joined by four Cat autonomous drills, along

  • News

    LITHIUM: Lithium Australia achieves high purity lithium phosphate from waste materials

    May 21, 2019 by MINING.COM Staff

    AUSTRALIA – Following the development of a process to generate lithium phosphate from waste materials, Lithium Australia announced this week that its experts have now developed a technique for removing impurities from the lithium phosphate resulting in an exceptionally high

  • ACQUISITION: Australia’s St Barbara to acquire Atlantic Gold

    May 16, 2019 by Trish Saywell, The Northern Miner

    Australian gold producer St Barbara (ASX: SBM) is acquiring 100% of Canadian gold producer Atlantic Gold (TSXV: AGB) in a deal valued at $802 million. St Barbara’s offer represents a 41.1% premium to Atlantic’s closing share price on May 14 and a 40.8% premium

  • NICKEL-COBALT: First Quantum signals potential restart of Ravensthorpe mine

    May 14, 2019 by staff

    VANCOUVER – First Quantum Minerals is investigating the possibility of re-starting its idled Ravensthorpe nickel/cobalt operation in Australia, according to UK-based market research firm Roskill. The Vancouver-based company acquired the Ravensthorpe mine and processing plant from BHP in February 2010, with

  • News

    GOLD: Record earnings, free cash flow for KLGold in Q1

    May 7, 2019 by Canadian Mining Journal

    TORONTO – According to Q1 results, Kirkland Lake Gold is headed for a profitable 2019. The company said its cash position was up 25% to reach $83.9 million (figures in U.S. dollars). Operating cash flow grew 95% to $174.4 million,

  • News

    GOLD: Iamgold generates Q1 revenue of $250M

    May 7, 2019 by Canadian Mining Journal

    TORONTO – Iamgold Corp. sold 190,000 oz. of gold in the quarter ended March 31, 2019, for revenues of $251 million (all figures U.S. dollars), but still recorded a net loss attributable to equity  holders of $41.3 million. All-in sustaining