Global Mining News in real time


Todd makes another play for Pilbara iron-ore project

By: Esmarie Swanepoel New Zealand’s Todd Corporation has made another play to gain hold of the Pilbara iron-ore project, in Western Australia, this time offering to acquire owner Flinders Mines in an unconditional all-cash off-market takeover offer. Flinders shareholders in September last year rejected a A$65-million... 

Exploration and mine development up to 2.5 times more costly in Canada’s North

By: Henry Lazenby A new study has found that the cost to explore and build new mines is as much as 2.5 times higher in northern Canada, mainly as a result of a lack of critical infrastructure. The study, titled ‘Levelling the Playing Field’, found that the cost of mineral exploration and building and operating... 

Tanzania mining sees uptake in reinvestment

By: Mia Breytenbach Tanzania’s mining sector has suffered in recent years, owing to “an unpleasant cocktail” of escalating production costs, a subdued gold price, fiscal and regulatory uncertainty, and power shortages in the country’s north-west, says strategy and communications consultancy africapractice Tanzania... 

Sasol eyeing northern Mozambique gas ‘monetisation’ prospects

By: Terence Creamer Energy and chemicals group Sasol says the gas discoveries in the north of Mozambique are large enough to support significant additional “gas monetisation” options over-and-above the liquefied natural gas (LNG) opportunities currently being considered. There have been significant gas discoveries... 

Infrastructure a burning issue in Ontario’s remote Ring of Fire

By: Mariaan Webb In Ontario’s Far North, the mineral reserve dubbed the Ring of Fire has been hailed as one of the most promising mineral developments in the province in almost a century, with the largest deposit of chromite ever discovered in North America. This discovery has potential for decades, possibly a... 

Central Petroleum invests in Magellan assets

By: Esmarie Swanepoel ASX-listed Central Petroleum has signed a deal with independent oil and gas explorer Magellan Petroleum to acquire its onshore Australian assets for A$35-million. The assets include the Palm Valley and Dingo fields, near Alice Springs, as well as in-place compression, processing and... 

Brockman expands South Pilbara holdings

By: Esmarie Swanepoel Iron-ore miner Brockman Mining has moved to increase its holdings in the Pilbara by purchasing fellow listed Sheffield Resources' south Pilbara tenements, in Western Australia. 

Ontario government creates new Northern Cabinet Committee

By: Henry Lazenby The Liberal Ontario government has created a new Northern Ontario Cabinet committee, chaired by Thunder Bay - Atikokan Member of Provincial Parliament Bill Mauro, to address the needs of Northern Ontario. During the first meeting of the Ontario government in the north of the province since 1995,... 

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