NovaCopper buying Sunward to advance Alaska project
NovaCopper (TSX: NCQ; NYSE-MKT: NCQ) is acquiring Sunward Resources (TSX: SWD; US-OTC: SNWRF) for the cash it has in its vault — not just its gold project in Colombia.
Copper
TSX slides, May 4-8
Poor jobs data and a decline in energy stocks after the New Democratic Party majority win in Alberta sent the S&P/TSX Composite Index down 1.1% to 15,170.02. The S&P/TSX Capped Diversified Metals & Mining Index fell 2.8% to 805.08,…
BC Survey’s ‘red line’ a game changer for explorers
VANCOUVER — Geologists Jeff Kyba and Joanne Nelson from the B.C. Geological Survey may have unlocked the secret to world-class porphyry- and intrusion-related gold-copper deposits in northwestern B.C.
Lundin shares jump following ‘spectacular’ first quarter
VANCOUVER — Lundin Mining (TSX: LUN; US-OTC: LUNMF) has been on the acquisitions trail for the past two years, and its aggressive strategy paid off in a big way during the first quarter. The company reported record copper and nickel…
SNL report: Copper dominant in 2014 mining acquisition activity
The following report, Signs of Life in Mining Acquisitions, was released by Virginia-headquartered SNL Metals & Mining. For more information, please visit www.snl.com.
Capstone ends Q1 in the red
Copper producer Capstone Mining (TSX: CS; US-OTC: CSFFF) widens its loss in the first quarter of 2015 due to impairments at the Pinto Valley mine in Arizona and the Minto mine in the Yukon.
Sirius pushes Nova towards production in Australia
VANCOUVER — It’s been two and a half years since Mark Bennett, managing director and CEO of Australian-explorer Sirius Resources (ASX: SIR; US-OTC: SRQUF), struggled to keep his 5¢-per-share company above water.
Mines Management reaches milestone at Montanore
It’s taken more than a decade, but Mines Management (TSX: MGT; NYSE-MKT: MGN) could be on the brink of pushing its Montanore project in northwestern Montana past the permitting finishing line.
Foran finds promising results at the Hanson Lake camp
Foran Mining (TSXV: FOM; US-OTC: FMCXF) has wrapped up the first round of drilling this year on two deposits near its flagship McIlvenna Bay project in Saskatchewan’s Hanson Lake camp, to see if it could delineate more resources near the…
TSX retreats, April 13-17
Canada’s benchmark index fell on renewed concern over Greece’s debt and China’s new trading regulations. The S&P/TSX Composite Index slipped 28 points, or 0.2%, to 15,360.55, while the S&P/TSX Capped Diversified Metals…
Teck posts lower Q1 earnings, slashes dividend
Teck Resources (TSX: TCK.B; NYSE:TCK) cut its semiannual dividend and posted lower-than-expected first-quarter earnings, as the slump in commodity prices continued.
UBC’s MDRU celebrates 25th anniversary
VANCOUVER — The Mineral Deposit Research Unit (MDRU) at the University of British Columbia (UBC) held its 25th anniversary celebration in early April at the Vancouver Convention Centre, where Peter Bradshaw, cofounder and Canadian Mining…