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Evolution to evolve Red Lake with $356m acquisition

Gold royalties will remain the same in WA. Evolution Mining has entered an agreement to acquire Canadian miner Battle North Gold for $C345 million ($356.4 million). The deal will supply Evolution with Battle North’s Bateman gold project in the Red Lake district of...

ANSTO to speed up exploration with new tech

The drillcore rig setup on Dingo. Image: ANSTO 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. The machine, called Dingo, is...

Weekly Coal Reports

It would appear that China was South Africa’s largest export market in February, followed closely by Pakistan, beating India into 3rd place as Indian buyers struggled with firmer freight rates. Panamax rates have seen significant strength in both basins, whilst many...

Mineral exploration spend hits seven-year high

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. The annual Australia’s Identified Mineral Resources (AIMR) report was released for the year to December...