Inferred mineral resources for Nautilus' CCZ project went up to 685 million tonnes from 410 million tonnes.
Australia Mining News
Australia's Taurus raised $683m to invest in mining company debt last year, while two funds currently in the market are targeting investor capital of $800m.
K92 Mining (KNT.V) is poised for production at its Papua New Guinea (PNG) gold project and lists on the TSXV tomorrow under the symbol KNT.
China's steel association warns accumulated steel output will exceed 10 billion tonnes in 2016 as scrap prices drop below pig iron costs inside the country.
Rio Tinto has appointed Stephen McIntosh as the acting Group executive, Technology & Innovation
The coal mining industry has waved the white flag over a landmark court ruling which prevents them from conducting exploration drilling in paddocks.
For competitors S11D is a four-letter word.
Mine sales stumble on looming clean-ups
If all central banks were to hold at least 5% of forex reserves in gold (versus 60%+ in rich economies) it would require the purchase of almost 8,000 tonnes
A concept born from two facts: mineral exploration is extremely capital intensive, and just 1 out of 3,000 mineralized anomalies became a mine.
Special diamond recoveries continue at E46 as mining resumes at Mining Block 6 post the wet season
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.
Chatree remains in operations despite and order by the country's military regime last week to halt all gold mining and exploration activities.
South Australian company OZ Minerals has designed a refining process that allows it to increase the quality of its copper concentrate and exponentially reduce export costs.
There are fresh opportunitis to explore for new lithium resources in the rich Latin American footprint, says Latin Resources Managing Director, Chris Gale.
Employment prospects for Australia’s professional geoscientists deteriorated even further in the opening quarter of 2016, driven down by mining’s negativity and dashing hopes for an improvement in the geoscientist employment situation.
The mine hosts type-2a diamonds which account for less than 1% of global supply.
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.
New report says mining and metals companies set to default on debt at more than three times the historical rate going back to 1983.
BMI Research analysts also believe gold prices bottomed in 2015 and expect the metal to edge higher over the coming quarters.
Strategic shift comes as the world's biggest miner tries to regain investors' confidence.
It now owns 8.47% of Atlas Iron, which gives Glencore direct exposure to iron ore production.
OZ Minerals (ASX:OZL) is betting big on copper with plans to begin mining ore at its Carrapateena underground mine by 2019.
Rout continues ahead of crucial Chinese import data.