Canegrass 'Just Keeps Kicking Goals'

Canegrass 'Just Keeps Kicking Goals'

Viking Mines is betting on a vanadium revival

When Mining.com.au spoke to Viking Mines (ASX:VKA) earlier this year, Managing Director Julian Woodcock had one clear lament.

“I think we really don’t get significant recognition for the value of vanadium,” he said at the time.?

“It’s a commodity that’s not well understood.”

Admittedly, not much has changed in the months since. But Viking has nevertheless been betting — and continues to do so — that things won’t stay that way forever.

“I don’t think you’ll speak to anyone that doesn’t recognise the word lithium,” Woodcock says now.

“They may not know much about it, but they know it goes in batteries. It’s commonplace now in people’s vocabulary. And I think vanadium has the potential to move into that space, at which point people will be more aware of the commodity.”

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Power Nickel winter results in Nisk of time as summer program charges ahead

Canadian junior exploration company Power Nickel (TSX-V:PNPN) in late May or early June 2024 will start summer drilling at its flagship Nisk Project with results of its winter program due during the current quarter.

In a wide-ranging interview with Mining.com.au, Power Nickel CEO Terry Lynch says the company expects to drill 8,000 metres by the end of summer at Nisk, located in the Eeyou Istchee James Bay territory of Québec.

Power Nickel will continue to drill at the Lion discovery in the upcoming summer season, following up PN-24-051 and PN-24-062 – the deepest mineralised intersections to date.

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Gold screams higher, but there’s still room to run

Reconciling this gold rally, Sean Russo from Noah’s Rule gives us a sneak peak of his upcoming RIU Sydney Resources Round-Up speech on 9 May.

Russo discusses gold’s stunning run, why some analysts are struggling to explain this rally and why gold still has room to run.

Watch here >>


Great Western Exploration: Beyond scratching the surface seeking giant copper targets

For some junior explorers it can be hard to find your feet, but Great Western Exploration (ASX:GTE) is not one of those juniors as CEO Shane Pike says the company’s efforts are “all coming to fruition now”.

During 2023, the company undertook several exploration programs and put a lot of technical rigour into several potentially “company-making” targets. To say Great Western is going beyond scratching the surface is an understatement.

Although no discovery is guaranteed, as the company is gearing up to begin drill testing on two “giant” copper targets, Pike says the potential upside if Great Western were to land either one of these targets, is significant and would create substantial value for the company.

And when you have a potential colossal target on the horizon the odds are stacked in your favour.

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  • Forrestania commits to further fieldwork at Bonnie Vale (link)
  • Solis bolsters copper landholding in Peru by 6,400 hectares (link)
  • Great Western set to launch Fairbairn drilling (link)
  • Helix re-prioritising Canbelego copper targets following IP results (link)
  • Leo backs out of Mali lithium with $521.5 million sale (link)
  • Major German backer raises stake in Impact Minerals (link)
  • Pan Asia pursues private placement amid ongoing suspension (link)
  • Trinex to acquire majority stake in Canadian uranium project (link)
  • US Department of Defense enlists AML3D for copper-nickel alloy testing (link)
  • Corella testwork achieves 5N HPA (link)
  • Tesoro considering El Zorro infrastructure options (link)
  • ACDC Metals thunderstruck by new heavy minerals discovery at Douglas (link)


Toubani: Building West Africa’s next multi-million-ounce gold mine

When talking about a “powerhouse”, most would automatically think China or the United States, but when it comes to mining, West Africa is very much in that league given its fertile and vast mineral resources.

West Africa hosts some of the largest geological belts, particularly in the gold space with the Birimian Greenstone Belt one of the most prospective.

Birimian rocks are major sources of gold extending through Ghana, C?te d`Ivoire, Guinea, Mali and Burkina Faso. Deposits that host these rocks can be found in corridors spanning 10 to 15km wide.

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Gen Z give perspective on mining industry

As Australia’s mining sector is facing a skills shortage and is seeking a holistic approach to solving it, the Mining and Automotive Skills Alliance (AUSMASA) conducted a survey revealing the knowledge and attitudes of young Australians towards the mining sector.?

AUSMASA’s report outlines Gen Z’s perceptions of the mining industry, which fundamentally provides insight into future strategies for workforce recruitment, training, and upskilling.?

Young Australians between the ages of 15 and 24 participated in the survey, which the Independent Tertiary Education Council Australia (ITECA) says is a critical tool in helping the industry and skills training sector look to promote careers in mining through a different prism.?

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US equity issuance highest since 2021 despite dismal IPO activity

The amount raised from US equity issuance in Q1 2024 increased to US$39.78 billion, the highest quarterly total since Q4 2021 when US$102.93 billion was recorded.

According to S&P Global in its latest M&A Equity Offerings Market Report, even though IPO activity was dismal for the first quarter of 2024, follow-on deals — which accounted for eight of the 10 largest US deals — helped drive the increase in US equity issuance.

Half of the first quarter’s 10 largest equity offerings came from the technology, media, and telecom (TMT) sector. The total value of Q1 2024 equity issuance generated by TMT companies in the US ($7.54 billion) was dwarfed by those in the healthcare sector, which produced $14.62 billion over that timeframe.

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CME heralds federal government’s $566 million boost to geoscience

The Chamber of Minerals and Energy of Western Australia (CME) says the federal government’s latest investment to find new deposits of minerals and sources of energy is a “smart move” for Australia’s future.

On 8 May 2024, the Australian government announced it will invest $566.1 million over a ten-year period to deliver data, maps, and other tools for use by the resources industry, as part of a focus on resources in next week’s federal budget.

The investment, led by Geoscience Australia, aims to help the industry make new discoveries, power the economy, and commit to the full mapping of Australia over the next generation.

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Newly inaugurated Helix Resources (ASX:HLX) Managing Director Dr Kylie Prendergast provides some insight into the company's latest discovery at one of its projects in New South Wales.

Listen on to uncover what the company has found and how it will inform future activities for the copper explorer.

Listen now >>

Dickson Elias

Drilling and blasting

5 个月

Helping y

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