Canadian Copper grabs majority stake in Murray Brook VMS deposit in New Brunswick
Mining News Pro - Canadian Copper (CSE: CCI) has followed up on its letter of intent (LOI) with Votorantim Metals Canada by announcing its decision acquire a 72% stake in the Murray Brook project located in the Bathurst mining camp of New Brunswick.
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Rio Tinto acquires scandium project in NSW
Mining News Pro - lobal mining giant Rio Tinto has entered into a binding agreement to acquire the Platina scandium project from Platina Resources for a whopping $14 million.
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Receiver named for assets of Trevali’s Caribou zinc mine in New Brunswick
Mining News Pro - Last summer, Trevali Mining applied for relief under the Companies’ Creditors Arrangement Act (CCAA) and was granted the initial order in August. The next month it delisted its shares from the Toronto Stock Exchange. And this week, a receiver was appointed for the company’s assets at its Caribou lead-zinc-silver mine in New Brunswick.
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New Found Gold discovers high-grade zone at Queensway in Newfoundland
Mining News Pro - New Found Gold says it has discovered a new zone and vein extending mineralization south of the Keats deposit at its Queensway project in central Newfoundland.
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Scientists dig for answers inside mineral-rich meteorites
Mining News Pro - The goal is to analyze the minerals, metals and water the rocky bodies deliver to our planet and, thus, uncover new clues on the early history of planet formation and how the young earth acquired the ingredients essential for life.
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South32 nixes $700 million investment in NSW met coal mine
Mining News Pro - Global miner South32 Ltd said on Tuesday it would not proceed with a $700 million upfront investment to extend its Dendrobium metallurgical coal mine in New South Wales, citing scant potential returns.
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Iamgold answers to US firm pushing for board reshuffle
Mining News Pro - Iamgold is firing back at a US investment fund pushing for a reshuffle of the miner’s board of directors over what is calls “massive value destruction and chronic underperformance” at the Canadian gold producer.
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Kabanga says Tanzania mine may answer Elon Musk’s nickel plea
Mining News Pro - Kabanga Nickel Ltd. is seeking to raise $1.3 billion for a massive mining project in Tanzania that the company says could help ease electric-vehicle manufacturers’ insatiable demand for nickel.
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Ravenswood expansion going for Olympic gold
Mining News Pro - Queensland’s historic Ravenswood gold mine has been touted as the supplier of gold for the Brisbane Olympic and Paralympic medals in 2032, as the government pushes for its expansion.
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NSW mining communities to benefit from new projects
Mining News Pro - Mining communities in regional New South Wales (NSW) will benefit from infrastructure and programs worth $75 million that will improve economic opportunities, local amenities and create positive social outcomes.
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NSW mining pipeline flows with record metals projects
Mining News Pro - The New South Wales Minerals Council has assessed the economic growth potential of the state’s mining projects pipeline, with 32 projects underway between impact statement and final approval.
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NSW eyes critical minerals investment in 2021-22 budget
Mining News Pro - The New South Wales Government has pledged almost $200 million for mining industries and communities as part of the state’s 2021-22 budget, including a focus on critical minerals exploration.
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Mining copper tailings could answer supply deficits later this decade
Mining News Pro - Copper miners are taking another look at extracting value from their waste rock dumps, thanks to the record recent copper price rally and the application of new technology.
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NSW Govt calls on mineral explorers
Mining News Pro - The New South Wales Government has offered an additional $2.2 million in grants for the state’s mining industry to uncover new mineral deposits.
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NSW Govt blocks Gunnedah Basin coal project
Mining News Pro - The New South Wales Government has paid China Shenhua Energy Company (CSEC) $100 million after withdrawing its mining lease application for the Shenhua Watermark coal project in the Gunnedah Basin.
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Yancoal production dampened by NSW floods
Yancoal has suffered a fall in coal production due to rain and flooding at its Hunter Valley mines in New South Wales.
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NSW coal rail network resumes following flooding
Mining News Pro - The Australian Rail Track Corporation (ARTC) has restarted its coal services on the Hunter Valley Network in New South Wales after the state bore the brunt of severe flooding.
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NSW wild weather narrows Whitehaven targets
Mining News Pro - Whitehaven Coal has updated its production guidance after setbacks including New South Wales’ wild weather disrupted its transport routes.
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Visit: 539
NSW survey discovers untapped groundwater and resources
Mining News Pro - An airborne electromagnetic survey undertaken above central New South Wales has returned positive results on the prospect of hidden water and resources below the surface.
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VW plans to be battery juggernaut in $29 billion answer to Tesla
Mining News Pro - Volkswagen AG is stepping up efforts to unseat Tesla Inc. as the dominant electric-car maker with a plan to build six battery factories in Europe and invest globally in charging stations.
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Newcrest, BHP among NSW job boosters
Mining News Pro - Gold, iron ore and coal mining companies have helped deliver an additional 1300 jobs to New South Wales’ mining sector in 2019-20.
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Ravenswood expansion boosts North Queensland businesses
Mining News Pro - Ravenswood Gold is ramping up the expansion of the Ravenswood mine in North Queensland, creating more than 160 new jobs.
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Yancoal plots NSW coal mine expansion
Mining News Pro - Yancoal has flagged the possibility of an underground operation at the Mount Thorley Warkworth thermal and coking coal project in New South Wales.
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Trevali to restart New Brunswick zinc mine
Mining News Pro - Having been on care and maintenance since March 2020, TSX-listed base metals miner Trevali Mining has announced the planned restart of operations at its Caribou mine near Bathurst, New Brunswick.
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NSW endorses Russell Vale coal mine expansion
Mining News Pro - The New South Wales Government has recommended that the Independent Planning Commission approves the expansion of Wollongong Coal’s Russell Vale mine.
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Visit: 846