Exploration Mining News

Miners spending again: $50 billion capex in five months

Confidence returns to mining sector as announced capital outlays surge to $108 billion – greenfield project spending up three-fold in first quarter.

This is the scariest mining chart you'll see today

We're only halfway into mining bear market says new report.

Life coming back to the global exploration sector

After five consecutive months of decline, global mining exploration began showing signs of life in March, particularly in the gold sector, a new report shows.

No end in sight for mining sector gloomy state: report

The first two months of 2015 failed miserably to dispel gloomy market conditions affecting the global mining industry, according to a study published Wednesday.

Poor market conditions put major chill on global exploration

Global exploration spending dropped 26% in last year, compared with 2013, as several juniors threw in the towel and producing miners slammed the brakes on capital and exploration expenditure.

INFOGRAPHIC: Project generators: exploration risk for less cost

In a bear market for junior miners, exploration capital can be hard to come by.

Global mining sector ended 2014 on a disappointing note: report

December is a period that sees lower levels of exploration and resource announcements, and last month was every bit as disappointing as expected, an SNL report shows.

INFOGRAPHIC: Video – equity financing in the mining exploration sector

This video and accompanying infographic from last year explains the basics of raising capital in the mining exploration sector. It covers: private placements, warrants, hold periods, and much more.

Euromax Resources announces US$175 million gold streaming agreement with Royal Gold

Euromax Resources has entered into a $175 million deal ith RGLD Gold, to finance the next stages of development and construction of the company's Ilovitza copper-gold project in the Macedonia.

Rick Rule: I think we’re seeing a bullish transition In the junior gold miners

Speaking towards the overall market Rick noted that, “The market itself is very healthy. You are seeing a transition…a transition that doesn’t suggest, but rather screams that [junior resource issues are] under accumulation—which is a very, very bullish sign.”

How the mining downturn has affected Geologist salaries in Canada

Having looked more closely at the situation for Geologists in Australia, where we found that even though there have been job losses, salaries for Geologists have remained pretty constant for those still employed in mining.

Low metal prices put chill on global mineral exploration

Fresh data suggests it is still too early to celebrate a recovery in the sector.

I was early but I’m still buying: Frank Giustra

A few weeks ago, we heard from Pierre Lassonde of Franco-Nevada on the power of the royalty business model. Just recently, I spoke with another ‘superstar’ of the natural resource industry -- Frank Giustra.

Polar Star and Iron Creek agree to merge polar star to acquire all of the outstanding common shares of Iron Creek

Polar Star Mining Corporation and Iron Creek Capital Corp. are pleased to announce that they have agreed in principle to merge the two companies via a statutory amalgamation, plan of arrangement or similar shareholder approved transaction (the “Transaction”), which will result in Polar Star acquiring all of the outstanding common shares of Iron Creek.

Report: Worst is surely over for explorers

Capital raising for exploration up more than 32%.

Global mining sector on the way up, but recovery still slow

The industry’s aggregate market capitalization improved for the sixth month in a row in June, reaching $1.75 trillion, the highest level since January 2013.

Gold Standard Ventures consolidates Southern Carlin trend district

Jon Awde, CEO of Gold Standard Ventures, discusses how spectacular drill results have guided Gold Standard Ventures to focus on creating the southernmost mining district of the Carlin trend—the Railroad/Pinion District.

Four tickets to ride with VMS Ventures

Shouldn’t be but a quarter or two before analyst coverage starts for VMS.

Canada re-vitalises diamond exploration 25 years on

Canada’s newest diamond exploration company, Margaret Lake Diamonds Inc. commenced trading this morning on the TSX-Venture Exchange under the symbol DIA.

Potential copper fortunes under cover next to Arizona’s largest open pits

A recent tour of the Globe-Miami copper mining district between Phoenix and Tucson, Arizona provided four natural resource writers with an appreciation of the massive scale of mining operations in the region.

Five development stocks to watch in Alaska and Northern Canada

The Great White North and especially the Yukon were the “place to be” for juniors just a few short years ago.

On an African dog and pony show with mining mogul Robert Friedland

The reality distortion field made famous by Steve Jobs’ biographer Walter Isaacson, is a personal intensity and vision so powerful it bends people to your will, convincing them of a project’s higher purpose.

Silver-Junior struggles

Mining companies that are non-producers obviously don’t generate any revenue. They are junior-level companies in various stages of exploration and/or development. And they primarily rely on investor capital to fund their operations.

CHARTS: Investor confidence returning to the mining industry

But based on the large numbers of juniors to begin 2014 with no funding, experts say the level of drilling activity could be the lowest in years.

Mongolia revokes 106 exploration licences

Exploration companies operating in the Asian nation have become collateral damage in a criminal case involving former senior government employees at Mongolia's mining regulator.