Kin Mining and its major German shareholders have further increased their shareholding in Genesis Minerals-controlled Dacian Gold (reports MiningNews).
Sunstone’s imminent maiden resource for its Bramaderos copper-gold project in southern Ecuador could be pretty meaty if the further wide drill intersections are anything to go by (reports Stockhead).
TSX-listed international rare earths producer Neo Performance Materials has signed a memorandum of understanding that could see it become a vital partner to pioneering explorer Australian Rare Earths and its flagship Koppamurra project along the Victorian and South Australian border (reports MiningNews).
Scoping work at the Alaska Range copper-gold owned by mini-cap PolarX has pointed the company towards doing more drilling to expand the resource (reports MiningNews).
Plus, Strandline set for first cashflow at WA mineral sands project, marked-down AuTECO labelled ‘one of the most exciting junior gold explorers on the ASX’ and Cameco sell-off a bonus for Boss and Paladin.
Discovery news and investment deals took centre stage on the Australian stock market this week even as the economic storms of the Ukraine war, rising U.S. interest rates and a European recession continued to rage overseas.
Surprise Creek is shaping up to be a real winner for Valor after reconnaissance rock chips returned strong uranium and copper results (reports Stockhead).
A possible ban on Russian supplies by the London Metal Exchange would be a seismic event for the metals industry, cutting some of the world’s biggest companies off from the main global marketplace (reports Bloomberg).
On a grade-thickness basis, extensional drilling has returned 26.8m at 7% copper-equivalent in the South Shoot – the best intersection from the Project – ever! (reports Stockhead).
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