First Quantum delays Cobre Panama capex update
An update on all its development projects did little to assuage fears surrounding First Quantum Minerals’ (TSX: FM) most recent, expensive acquisition.
News
Teranga consolidates in Senegal
Teranga Gold (TSX: TGZ; US-OTC: TGCDF) finally has all of the Oromin Joint Venture Group (OJVG) in Senegal to itself.
Blackwater looks far-off for New Gold
It looks as though New Gold (TSX: NGD; NYSE-MKT: NGD) will have to wait for more robust gold prices to get its Blackwater project into production.
Primero bids for Brigus Gold
VANCOUVER — It’s been just over two years since gold producer Primero Mining (TSX: P; NYSE: PPP) was outbid for the Young–Davidson gold mine in Ontario by AuRico Gold (TSX: AUG, NYSE: AUQ), but the company…
BHP closes nickel mine as prices rise
At a time when investors are getting more bullish about nickel prices BHP Billiton (NYSE: BHP; LON: BLT; ASX: BHP) has decided to close one of its key nickel mines in Australia.
Russian billionaire acquires Mercator
VANCOUVER — Struggling copper producer Mercator Minerals (TSX: ML) has reportedly been on the market since late September, and the company found a suitor in Intergeo MMC — a Russian-based resource company controlled by…
Ivanhoe outlines major copper mine at Kamoa
VANCOUVER — Years ago, he called Voisey’s Bay a game-changer for the global nickel game. After that he labelled Oyu Tolgoi a world-class copper project. Only a few weeks ago he called a high-grade platinum, palladium, rhodium and…
Coastal Gold makes headway
Coastal Gold (TSXV: COD) has updated the resource estimate for its Hope Brook gold project on the southwestern coast of Newfoundland, with grades in the indicated category 30% higher than in the last resource estimate completed in October 2012.
Rio Tinto charts path to cut spending and boost returns
VANCOUVER — At a shareholder meeting in Sydney, Rio Tinto’s (NYSE: RIO; LSE: RIO) executive team laid out a plan to reinvigorate the world’s second-largest miner.
Second Keno Hill mine is key to Alexco’s plan
VANCOUVER — There are over 40 million oz. of indicated silver resource sitting alongside a modern mill at Alexco Resource’s (TSX: AXR; NYSE-MKT: AXU) historic Keno Hill property in the Yukon, but, with the price of silver struggling…
Atico steams ahead
Atico Mining (TSXV: ATY; US-OTC: ATCMF) became a producing mining company when it acquired 90% of the El Roble mine — the only producing copper mine in Colombia.
Pershimco goes long on Panamanian copper
While it may not be a name many are familiar with, Pershimco Resources (TSXV: PRO) thinks its Cerro Quema project could let it become the next big name in Panamanian copper.