Canadian miners are swarming over Mexico and its high level of mineral prospectivity at the expense of Australia’s explorers and miners who have only made a tentative foray into the Latin America isthmus.
An Australian company which has teamed up with the largest gold company in the world to exploit a corner of Latin America’s untapped mineral riches, says the bulk of Guyana’s gold production has only “just scratched the surface”.
Argentina ripe for new energy investment says Brisbane backer of US $2 billion coal mine-power station
A Brisbane company hoping to drive the development of a major coal mine and associated power station in Argentina, says the country’s current energy grid warrants substantial new investment in energy options.
Australian explorer, Emu NL, provides the following update on its drilling program on the Company’s Vidalita project in northern Chile.
Australian explorer, Emu NL (ASX: EMU), has mobilised camp, earth moving and drilling equipment to the Vidalita site in northern Chile.
$50 trillion in new investment needed to match global energy demand in next 20 years: Rio Tinto director
According to non-executive director Megan Clark, such investment would be needed to fund an energy market expected to grow by 40% through until 2035.
China’s unquenchable thirst for uranium is driving a renaissance of the market and is likely to pull the global U-sector out of its current doldrums and drive much-needed price increases.
Australia’s Tiger Resources to fast-track plans to explore potential cobalt production at its African copper project
Tiger Resources Managing Director, Mr Michael Griffiths, released the positive results of an independent study the Company had commissioned to investigate the viability of producing cobalt at its Kipoi Project in the Democratic Republic of Congo (DRC).
The call was made in Perth today by the Canberra-based Australian Strategic Policy Institute (ASPI) in an address to the third and final day of the Paydirt 2016 Africa Down Under mining conference, drawing on findings from its second Aus-Africa Dialogue held in Zambia in 2015 with the South Africa-based Brenthurst Foundation.
The world’s fifth largest gold producer has told a Perth mining forum today that it plans to lift its total output to 1.5 million ounces a year within three years as it combines its increasing output from African and PNG mines.
Addressing today the second day of the three day Paydirt 2016 Africa Down Under mining conference in Perth Speaking on day two, Northcott Capital Managing Director, Mr Nick Martin, said to be successful in obtaining finance a company must adhere to three crucial platforms.
The loan agreement will assist Flinders in meeting its short term capital requirements.
A suite of high grade gold assets in South Korea, most of them historic underground or artisinal gold and silver workings, some of which extend over a large footprint, are to be acquired by Australian gold producer, Southern Gold Limited (ASX: “SAU”).
Australia’s resource houses are “missing in action” in Latin America’s third largest economic powerhouse – Colombia – and should move post haste to rapidly lift their engagement with the mineral rich province.
The Juruena mine, in central Brazil, is estimated to hold an initial resource of 178,800 ounces of gold.
There are fresh opportunitis to explore for new lithium resources in the rich Latin American footprint, says Latin Resources Managing Director, Chris Gale.
Chile says the country has now adopted a proactive stance to reduce foreign investment barriers in its mining sector as it joins a plethora of mining jurisdictions worldwide battling to mitigate the resources downturn.
Resources investment opportunities across the vast region of Latin America will be in sharp focus next week when Perth plays host to the Latin America Down Under mining investment conference for the first time.
Build low level nuclear waste facility at Leigh Creek to guarantee its future: leading industry lobby group
A low to intermediate level nuclear waste repository should be established near the South Australian Outback town of Leigh Creek, which is destined to become a virtual ghost town within years after the closure last week on Alinta Energy’s nearby coal mine.
Chile calls for better mining industry recognition of enviro-social concerns to avoid project stranding
Chile, the world’s biggest copper producing country, has warned that the global resources sector needs to pay far more attention to its environmental and social licence obligations if new projects worth billions of dollars are to get up.
As Argentina heads into its turbulent President election in October, a senior economic forecaster visiting Australia says the poll will fuel renewed interest in that country’s mining sector – but also raise the spectre of its uncertain post poll financial framework.
The increasing engagement of Latin America with Asia may potentially be at the expense of Australia’s traditional sense of right to be a major Asian player, expert says.
Nickel price tipped to average $20,000t in 2015 as sector prepares for more buoyant annual gathering
An average nickel price of US$20,000 per tonne has been forecast for Australian nickel producers in 2015 – but the sector has been urged to keep its grass roots focus on untapped potential nickel discoveries in Australia, rather than overseas.