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Deals & Dollars

NewPeak Metals Cachi Gold Project

NewPeak Metals offloads Swedish mineral permits

NewPeak Metals (ASX:NPM) has signed a deal to sell its Finnish subsidiary, NewPeak Sweden Oy, which holds a portfolio of strategic mineral permits in Sweden.  Under the binding term sheet with private Canadian company CANCO, NewPeak Sweden Oy will be transferred to CANCO, which will then assign its rights to the permits to a publicly listed Canadian entity before the…

| By Aaliyah Rogan
Minyari Dome gold copper project

Lion Selection Group to take 4% Antipa stake

Specialist mining investment company Lion Selection Group (ASX:LSX) will invest $2 million as part of a $6.75 million capital raising announced by Antipa Minerals (ASX:AZY). Lion is expected to hold about 4% of Antipa’s shares after the raising. Antipa has a large established gold resource and series of quality joint ventures in the Paterson province of Western Australia. Lion says…

| By Adam Orlando

Diatreme’s tilt for Metallica stagnates

It was back in mid-February that Diatreme Resources (ASX:DRX) launched its takeover bid for silica sands rival Metallica Minerals (ASX:MLM). More than four months later, the whole thing seems to be making little progress. According to the proposal, Metallica shareholders will receive 1.3319 fully paid ordinary shares in Diatreme for each Metallica share they own. The ratio at the time…

| By Oliver Gray

Adelong to divest non-core property

Adelong Gold (ASX:ADG) is selling a non-core property that sits near its Adelong Gold Project in New South Wales.   The company has engaged an agent, which has estimated the project’s value at between $530,000 and $560,000.  Adelong acquired the property in 2020, as part of the Adelong Gold Project, but the company says it  is surplus to its operational requirements. …

| By Aaliyah Rogan

Resouro Strategic Metals rallies on ASX debut

Resouro Strategic Metals (TSX-V:RSM) closed its first day as an ASX-listed company up 34% last Friday 14 June.  The Vancouver-based explorer lit up the boards at 10:30am AEST under the ticker ‘RAU’ and shares immediately advanced 30%, before gaining further to an intra-day high of $0.69 — a 38% premium over the IPO price of $0.50.   Shares closed the day…

| By Angela East

VIDEOS/INTERVIEWS

Viking Mines on converting vanadium for energy storage

Viking Mines on converting vanadium for energy storage

Julian Woodcock, Managing Director of Viking Mines (ASX:VKA), attends the Gold Coast Investment Showcase and explains how vanadium is transformed into vanadium pentoxide flake, which is used in vanadium redox batteries. Woodcock also discusses how the company plans to extract the titanium, cobalt and other…

| By Shae Russell
Astute’s Red Mountain project reshores US lithium supply chains
Aruma scoops up underexplored ground near Mt Isa
Viking doubles the Canegrass resource in less than two years

gold

DeSoto signals August drill start at Spectrum Project 

DeSoto Resources (ASX:DES) expects to start drilling at the recently acquired Spectrum Copper-Rare Earths-Gold Project in August. The Northern Territory-focused explorer has completed legal, financial, and technical due diligence on the project and is now undertaking a ground electromagnetic (EM) survey. The EM survey is designed to tighten up drill targeting on four conductor plates that have relatively high modelled…

| By Angela East

Alkane hunting for new copper-gold deposits in NSW

Alkane Resources (ASX:ALK) is conducting baseline environmental studies at its Boda-Kaiser deposits to support the discovery of new gold-copper porphyry mineralisation within the Northern Molong Porphyry Project (NMPP) in New South Wales.  Recent drilling at the Boda and Driell Creek prospects identified chalcopyrite breccia and porphyry-style alteration and mineralisation.  Alkane, which has a market capitalisation of $322.86 million, says the…

| By Aaliyah Rogan

Mt Malcolm Mines hunts for jewel in Golden Crown 

Mt Malcolm Mines (ASX:M2M) is moving onto bulk sampling at its Golden Crown prospect in Western Australia’s eastern goldfields following completion of a grade control drilling program. The company has started an 8,000-tonne bulk sampling program targeting high-grade ore within a 50m-long and 15m-wide mineralised corridor identified in earlier drilling.  An 18-hole, 522m reverse circulation drilling program was completed to…

| By Angela East

The Perth Mint celebrates 125 years of operation

Yesterday, The Perth Mint poured a branded gold bar to celebrate 125 years of operation as a gold refiner and producer.  Since opening in 1899, The Perth Mint has contributed to Western Australia through refining gold and exporting coins and minted bars across the world.  CEO Paul Graham says The Perth Mint will continue to invest in refining and manufacturing…

| By Aaliyah Rogan
Minyari Dome gold copper project

Lion Selection Group to take 4% Antipa stake

Specialist mining investment company Lion Selection Group (ASX:LSX) will invest $2 million as part of a $6.75 million capital raising announced by Antipa Minerals (ASX:AZY). Lion is expected to hold about 4% of Antipa’s shares after the raising. Antipa has a large established gold resource and series of quality joint ventures in the Paterson province of Western Australia. Lion says…

| By Adam Orlando

Events

  • Wed 19 – Thu 20 Jun
  • Gold Coast

Vertical Events’ Gold Coast forum to again showcase mining investment

The 2024 Gold Coast Investment Showcase will descend on the JW Marriott Gold Coast Resort & Spa in Queensland on…

  • Wed 19 – Thu 20 Jun
  • Gold Coast
More information
  • Thu 27 – Fri 28 Jun

Mining.com.au puts North America in the ‘Spotlight’ in inaugural 10-1…

In the dynamic realm of mining, staying abreast of industry developments and forging connections with key players is paramount.  Recognising…

  • Thu 27 – Fri 28 Jun
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  • Wed 17 – Fri 19 Jul
  • Peppers Noosa Resort

Noosa Mining Investor Conference

The Noosa Mining Investor Conference will run from 17-19 July 2024 to give investors, brokers and fund managers a better…

  • Wed 17 – Fri 19 Jul
  • Peppers Noosa Resort
More information