Ontario junior gets C$3.5m settlement to cede controversial claims

Against a backdrop of simmering tensions between aboriginal communities and exploration companies in Ontario, the government announced on Thursday it reached a C$3.5-million settlement with God’s Lake Resources, whereby the company agreed to...

Exploration boom to roar on, industry says

Mining exploration will probably increase to a new record again in 2012, though the growth rate will slow by between 5% to 15% this year, Halifax, Nova-based Metals Economics Group (MEG) said on Sunday. In its yearly 'Worldwide Exploration...

PDAC fast approaching, promoters will have to fight for funding

Ask a junior mining company about the current hardships of trying to raise big money to build a project, and metaphors involving drawing blood from stones might ensue. It should come as no surprise then that Halifax, Nova Scotia-based Metals...

Assay labs race to boost capacity as exploration burgeons

Surging metals prices over the last two years have brought about a boom in exploration, putting pressure on drill rig suppliers and the mineral laboratories that test the core samples with companies having to wait longer than six months for assay...

Mining Indaba Schedule

Global and African exploration trends to be highlighted

Delegates at the 2012 Investing in African Mining Review Commodities and Outlook Forum will be provided with valuable market information, aiding miners and investors in making critical decisions on the development of new mining operations.

Americas lead in new mineral discoveries – MEG

More than half of the total new precious- and base-metal mineral discoveries and new zones in 2010 were in North and South America, according to Halifax, Nova Scotia-based Metals Economics Group (MEG). In fact, the Americas have dominated...

Uranium exploration increases – MEG

The total budget for nonferrous metals exploration increased by 44%, reaching $12,1-billion in 2010. Uranium exploration alone increased by 24% year-on-year, reports metals information and consulting company Metals Economics Group (MEG)...

Resources Watch

This week: Metals Economics Group says that grassroots exploration spending still lags; Cash-gushing RBPlat speeds capital expenditure and inks another Implats deal; And, Colombia rules out royalty increases on miners.

Grassroots exploration spending still lags – MEG

Although industry budgets for nonferrous exploration rebounded 44% in 2010, the focus continues to be on late-stage exploration at the expense of grassroots activity, Metals Economics Group said in a report on Sunday. Grassroots exploration, the...

Growth for nonferrous metals exploration in 2010

International minerals information and consulting company Metals Economics Group’s (MEG’s) 21st edition of its Corporate Exploration Strategies (CES) study estimates that the total budget for nonferrous metals exploration reached $12,1-billion...

Nonferrous exploration budgets jumped 44% this year – MEG

Mining companies increased their spending on exploration this year by some 44% compared with 2009, according to a report published on Thursday by Canada's Metals Economics Group (MEG). Exploration budgets increased in response to higher prices...