Macquarie Bank Ltd., Australia’s largest securities firm, plans to raise about A$2 billion ($1.6 billion) in an initial public offering of mining equipment maker Boart Longyear Group, two people with knowledge of the sale said.
Shares in Salt Lake City, Utah-based Boart will start trading on the Australian Stock Exchange in April, said the people, who […]

Auckland based mineral explorers are drilling their way into a “monster” gold and copper lode in the troubled Solomon Islands.
London Stock Exchange AIM listed Solomon Gold says they believe they have discovered high grade gold and copper deposits in Sutakiki in the rugged central mountains of Guadalcanal.
They say Sutakiki “is potentially a monster”, while neighbouring […]