News

Xstrata and JX Nippon commit $35M to B.C. coal project

VANCOUVER — Xstrata’s (XTA-L) coal division is wasting little time in advancing its recently secured coal fields in British Columbia’s Peace River region as it and 25% joint venture partner JX Nippon Oil and Energy launch into a…


Copper Mountain’s Q1 results surpass expectations

An impressive ramp up at the Copper Mountain mine in southern British Columbia and higher than anticipated first-quarter revenue suggest that shares of Copper Mountain Mining (CUM-T) represent an attractive risk-reward trade-off, mining analyst…


The core shack at Moneta Porcupine Mines' Golden Highway project, 100 km east of Timmins, Ont., holds more than 250 km of historical core. Photo by Moneta Porcupine mines

Moneta Porcupine boosts Golden Highway

Just four months after reporting a 3.1-million-oz. gold resource from three open-pit zones at its flagship Golden Highway project 100 km east of Timmins, Moneta Porcupine Mines (ME-T) is back in the news with drill results from a fourth zone…


Freeport in eye of Indonesia’s nationalization storm

 The world’s largest, publicly traded copper producer, Phoenix-based Freeport-McMoRan Copper & Gold (FCX-N), is standing tough in the face of simmering labour turmoil and nationalization overtures aimed at its Grasberg…



Core from Curis Resources' Florence copper project in Pinal County, Arizona. Photo by Photo by Ian Bickis

Curis an innovator and educator at Florence

When it comes to the mining industry’s grand stage, companies are often required to play different roles. The tale is much the same for Hunter Dickinson-backed Curis Resources (CUV-T) in its gambit to develop its Florence in-situ copper…


B2 Gold shows faith in Calibre

B2Gold (BTO)-T will help finance Calibre Mining’s (CXB-V) exploration activities in Nicaragua by purchasing 20 million Calibre units for $5 million in cash.




Exchange Rates

EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date May 7 May 4 May 3 May 2 May 1   US$ in C 0.9953 0.9956 0.9968 0.9891 0.9839  …


Geologist David Bond exploring Altan Rio Minerals' Chandman-Yol copper-gold project in western Mongolia. Photo by Altan Rio Minerals

Altan Rio sees potential in Mongolia

Having assembled a collection of greenfield copper-gold prospects in Mongolia’s western frontier, Vancouver-based explorer Altan Rio Minerals (AMO-V) is aiming to take the next step forward with a US$2-million drilling campaign in 2012.


Nunavut explorers fired up for 2012

Nunavut has been a tough place for gold companies of late, with Newmont Mining (NMC-T, NEM-N) shelving its Hope Bay gold project and Agnico-Eagle Mines (AEM-T, AEM-N) cutting years off its new Meadowbank gold mine in the face of cost overruns.


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