Exploration Mining News

Newcrest starts drilling at Greatland Gold’s project in Western Australia

The farm-in deal gives Newcrest the option to acquire 70% of the project by spending $65 million on exploration and development over five years.

Canada’s Pure Gold starts trading in London

The decision to take a dual listing comes as Canadian investors shun junior miners, preferring the buzz and growth potential of cannabis producers.

De Beers, Namibia to spend $468m on world’s first custom-built diamond searching ship

The new vessel is expected to add about 500,000 carat a year of production capacity to Debmarine Namibia, a 50/50 joint venture between De Beers and the African nation's government.

Condor Gold losses narrow as progress at La India pays off

Miner logged a pre-tax loss for the period of £352,553, compared to a £602,678 loss a year before, as administrative expenses almost halved.

Ivanhoe Mines secures full financing for first two mines in Congo

Ivanhoe can now finance Kakula and Kipushi mine to commercial production, and significantly advance, or achieve, production at the company’s Platreef Project in South Africa.

Australia’s St. Barbara grabs Canada’s Atlantic Gold in $536m deal

Moves gives Aussie miner access to the Moose River gold complex in Nova Scotia, Canada, which comprises one producing open-pit and three other development projects.

B2Gold to produce 5m ounces of gold at Mali mine after $50m expansion

Average annual gold output would increase to more than 550,000 ounces in the five-year period 2020 – 2024, and over 400,000 ounces during the remaining seven years.

Percival zone at Clearwater yields 5.77 g/t for Eastmain

Toronto-based Eastmain Resources reports the results for the last three drill holes completed in 2018 at the Percival discovery.

ATAC finds more high grades at Rau

Rau is located at the western end of the company’s Rackla property 55 km northeast of Keno City.

New software uses machine learning to refine loading and haulage processes

The program was initially designed by a master’s student at the University of Western Australia.

Eleanore South JV continues to yield strong grades

The property is adjacent to Goldcorp’s Eleonore gold project in the James Bay region.

Quantifying drilling efficiencies – Why drilling metrics matter

Focus; safety performance, schedule, price, and quality core recovery.

Canada’s Nova Scotia launches Research Association

Nova Scotia’s mining industry has established a new not-for-profit organization to manage its proposed Minerals Play Fairway project.

Mining exploration spending in Australia jumps to 5-year high

Drilling at new projects up 57% as spending on gold exploration reaches 21-year high.

The challenge of creating a solution that avoids mining transcripts

Developers want to ease up geologists' work.

Great Bear Resources announces high-grade discovery

Great Bear Resources today reported a significant new high-grade gold discovery in the Hinge Zone at its Dixie Project in the Red Lake District of Ontario.

Lucky minerals enters into a bought deal agreement for gross proceeds of $2 M.

Clarus Securities agreed to purchase 2,500 Convertible Debenture Units of Lucky Minerals for gross proceeds of USD $2 M.

Miner Petropavlovsk's biggest shareholder outlines his case for change

Petropavlovsk's largest shareholder, who is calling for an overhaul of the board, plans to sell the company's stake in an iron ore unit and draw up gold sector deals.

Midland resumes exploration work on the James Bay Gold project

The summer exploration campaign will focus on the Lasalle property.

Seabridge initiating $1.35m exploration program to define drill targets for snowstorm gold project

Seabridge has staked an additional 277 claims totaling 5,540 acres that are contiguous to the purchased claims.

Partying with purpose: world's miners drink and deal after dry years

But they also come with a catch - pitching ideas, striking deals and securing funding is the name of the game.

The mineral exploration roadmap

Today’s infographic shows the steps of mineral exploration, and how teams can use data to add value throughout the process.

Mining in 2018: Copper price to power on

Markets where technology hasn’t substantially shortened the supply cycle and where cost are rising (ie copper) have the greatest long-term upside in prices

Brazil to redo Amazon mining decree after criticism

Brazil's government will revise a decree that opened up a vast mineral reserve in the Amazon rainforest to mining responding to overwhelming criticism.

This is KORE Geosystems’ plan to #DisruptMining

The Toronto-based company's solution for data acquisition while drilling received $500K in funding.