Australia announces A$100m commitment to junior mining exploration

Mining News Pro - Australian Resources Minister Keith Pitt on Wednesday announced a A$100-million funding boost for exploration, extending the junior minerals exploration incentive (JMEI) for another four years in a move to attract new investors.

Exploration boosted by $100m funding package

Mining News Pro - The Australian Government has extended the Junior Minerals Exploration Incentive (JMEI) by four years with an additional $100 million in funding.

Newcrest offloads QLD exploration licences

Mining News Pro - Strategic Energy Resources (SER) has acquired three exploration licences from Newcrest Mining at the Isa North copper-gold project in northwest Queensland.

Australia injects $3m into Tasmanian minerals exploration

Mining News Pro - The Australian Government has pledged $3 million to expand the country’s resource exploration program into Tasmania.

Cobre raises cash for Botswana exploration

Mining News Pro - Junior copper and base metals explorer Cobre has raised A$6.7-million to fund exploration costs at its joint venture (JV) with Metal Tiger, in Botswana.

Strickland raises exploration funding

Mining News Pro - Strickland Metals will look to raise more than A$5-million through a pro-rata rights issue to fund exploration work in Western Australia.

Antipa JV`s exploration budget increases

Mining News Pro - The joint venture (JV) partners for the Citadel copper/gold project, in Western Australia, have increased the exploration budget for 2021 from A$13.8-million to A$24.5-million.

Rio Tinto and Calibre initiate 2021 exploration programme in Nicaragua

Mining News Pro - Calibre Mining said on Thursday that it had launched the 2021 exploration programme at the Borosi project, held under an earn-in option agreement with Rio Tinto.

B2Gold denied exploration permit renewal in Mali

Mining News Pro - Canada’s B2Gold said the Mali government had not renewed the Menankoto exploration permit, which formed a part of the Anaconda area and is located 20 kms north of its flagship Fekola mine license area.

Draft Geoscience Act regulations could benefit exploration

Mining News Pro - Mineral Resources and Energy Minister Gwede Mantashe has published for public comment draft Geoscience Act regulations relating to the compulsory submission of exploration data to the Council for Geoscience (CGS) and the dissemination of that data.

ANSTO to speed up exploration with new tech

Mining News Pro - Australian Nuclear Science and Technology Organisation (ANSTO) has developed a high intensity neutron imaging machine that can increase mining efficiencies and therefore minimise its impact.

Altus gains more exploration ground in Morocco

Mining News Pro - Altus Strategies has been granted exploration licences for three copper and silver projects totalling 252 km2 in the western Anti-Atlas region of Morocco.

Mineral exploration spend hits seven-year high

Mining News Pro - Australian expenditure on mineral exploration increased by 21 per cent to more than $2.6 billion in 2019, according to the latest report from Geoscience Australia.

BHP predicts golden age of exploration discoveries

Mining News Pro - BHP chief technical officer Laura Tyler believes the mining sector is moving into a “golden age” of discovery thanks to technology’s ability to reveal systems under cover.

Nonferrous metals exploration budget down by 11% in 2020

Mining News Pro - S&P Global Market Intelligence’s annual World Exploration Trends Report was released this week and shows that the global budget for nonferrous metals exploration decreased 11% to an estimated $8.7 billion in 2020 from $9.8 billion in 2019.

BHP moves exploration team to Toronto to grow copper, nickel pipeline

Mining News Pro - BHP is moving its exploration headquarters to Toronto, Canada’s most populous city, as it looks to growth its pipeline of “green metals” projects, particularly copper and nickel.

Mining exploration set for post-COVID boost

Mining News Pro - S&P Global Market Intelligence has ranked Australia second in the world for mineral exploration expenditure in 2020, while flagging a strong likelihood for minerals exploration investment to improve this year.

Australian mineral exploration remains untapped

Mining News Pro - The Northern Territory will take advantage of the $225 million Exploring for the Future program to capitalise on the untapped mineral potential in the region.

Minerals Council recommends replacement of Samrad to encourage greater investment in exploration

Mining News Pro - The Minerals Council South Africa has made recommendations to the Department of Mineral Resources and Energy (DMRE) about critical reforms that are needed to encourage greater investment in exploration and mining.

Minerals exploration in Australia jumps as supercycle looms

Mining News Pro - Spending on exploration in global minerals powerhouse Australia rose in the December quarter to its highest in over seven years as prospectors stepped up their activity to meet strengthening global demand.

Exploration spend continues to grow

Mining News Pro - New data from the Australian Bureau of Statistics (ABS) has shown that mineral exploration expenditure continued to grow in the December quarter.

Endeavour pivots to exploration to shake `M&A junkie` image after deal spree

Mining News Pro - Canadian gold firm Endeavour Mining, which is preparing for a London listing late next quarter, is switching its focus to integrating new mines after a $2.7-billion acquisition spree in West Africa last year spooked some investors.

Mineral exploration expenditure jumps

Mining News Pro - Australia’s mineral exploration expenditure has risen by 2.5 per cent in the December 2020 quarter, according to Australian Bureau of Statistics (ABS) data.

Endeavour pivots to exploration to shake ‘M&A junkie’ image after deal spree

Mining News Pro - Endeavour Mining, which is preparing for a London listing late next quarter, is switching its focus to integrating new mines after a $2.7 billion acquisition spree in West Africa last year spooked some investors.

Redstone raises cash for West Musgrave copper exploration

Mining News Pro - Precious metals developer Redstone Resources has successfully raised A$2.2-million through an oversubscribed private placement, at an issue price of 1.2c apiece.

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