High copper prices revive old deposits
The record copper price environment has prompted a resurgence in copper exploration activity at several projects that were marginal at the long-term average metal price. Just two examples include US…
Copper
Castillo Copper raises A$11.7M for copper projects in Australia and Zambia
Castillo Copper (ASX: CCZ; LSE: CCZ) plans to drill its flagship Mt. Oxide project in Australia’s Mt. Isa copper belt and its Luanshya and Mkushi projects in Zambia with the…
Taseko expects ‘money-maker’ Florence Copper’s draft permit this month
One of the top contenders to bring new copper pounds to market in the medium term is Taseko Mines (TSX: TKO; NYSE-AM: TGB; LSE: TKO), operator of the 75%-owned Gibraltar…
SolGold and Cornerstone to cooperate in Cascabel copper project
SolGold (TSX: SOLG; LSE: SOLG) and shareholder Cornerstone Capital Resources (TSXV: CGP) have ended a two-year standoff that cost the miner’s chief executive officer his post, agreeing to jointly advance…
Foran weighs drill program expansion for McIlvenna Bay on results, $100M investment
Foran Mining (TSXV: FOM) is considering expanding the 30,000 metre drill program under way at its McIlvenna Bay project in Saskatchewan after receiving encouraging results and a deal with Fairfax…
Mineração Vale Verde completes Serrote copper-gold mine build
Privately held Mineração Vale Verde (MVV) and funding partner Appian Capital Advisory have completed construction of the Serrote copper-gold project in Alagoas, Brazil, ahead of schedule and under budget. At…
Australia’s Wyloo proposes ‘Future Metals hub’ for Ontario
After announcing its intention last week to make a $133 million offer to acquire Noront Resources (TSXV: NOT), Australia’s Wyloo Metals still hasn’t made a formal bid for the Ring…
Balancing risk and reward in South America
The Northern Miner’s second-quarter Global Mining Symposium in mid-May was a great success, with 1,432 delegates tuning in from 86 countries. In this issue we cover the conference’s keynote speakers,…
Dundee announces acquisition of INV Metals
Dundee Precious Metals (TSX: DPM) will add its first project in the Americas to its portfolio by acquiring all the shares it doesn’t already own in junior miner INV Metals…
TSX up, May 24-28
The S&P/TSX Composite Index rose 1.66% to 19,852.18 during the holiday-shortened May 24-28 trading week. The S&P/TSX Global Mining Index grew 1.58% to 114.11, and the S&P/TSX Global Base Metals…
DRC concentrate export ban may tighten global copper, cobalt supply
The Democratic Republic of Congo has reinstated an export ban on copper and cobalt concentrates, but will allow mining companies that hold waivers to continue with shipments. The DRC, the…
Snapshot: Eight companies at work in South America
South America is home to rich deposits — not only of gold and silver, but of copper, zinc and lithium. Here are eight Canadian companies that are making the most…