Commodity Discovery News Today

WHY INVEST IN CHAKANA? Tier 1 discovery potential fully permitted • Mega-Gold porphyry and La Joya high...

(Bloomberg) -- Two of Australia’s best-known mining entrepreneurs are set to determine the future of lithium junior Azure Minerals Ltd., having built stakes that add up to a combined 30% — enough to threaten an agreed A$1.6 billion ($1 billion) cash bid from Chilean giant SQM.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIc...

Listed copper explorer Cobre has returned from a trip to the equity capital markets with $5 million, with Sprott Asset Management and its two largest shareholders all writing cheques.

Investing in African Mining Indaba 2017 Across the continent, the Africa Mining Vision, adopted by African heads of state in 2009, is gaining momentum with broader development imperatives aimed at integrating mining into industrial and trade policy. As Africa develops, so its sovereign and operating risk will diminish, and its infrastructure will improve. Already the African Development Bank expects growth across African economies to accelerate next year to reach 4.2 percent in 2018. A case...

Speaking about trends in the exploration space, he said Australia’s dominance in discoveries is key. “The most important trend we’ve seen in our field of discovery investing is that … most of the major discoveries, the world-class discoveries, have been made in Australia,” he said. He pointed to Greatland Gold (LSE:GGP) and De Grey Mining (ASX:DEG,OTC Pink:DGMLF) as two examples of companies making waves in the country; both are focused on the popular Pilbara region. In terms of where...