VANCOUVER — Recent torrential rainfall in the Atacama desert in northern Chile has affected global copper markets. The prolific region hosts major mines, and the recent weather has triggered operational closures that have driven prices…
VANCOUVER — Kaizen Discovery (TSXV: KZD; US-OTC: CCNCF) is about to kick-start exploration for sediment-hosted copper deposits at its Coppermine project, 5 km south of the community of Kugluktuk, Nunavut.
Mechanical difficulties at Copper Mountain Mining’s (TSX: CUM) 75%-owned Copper Mountain mine in southern B.C. involving a transformer failure on one of the ball mills in February and a 10-day disruption with the regrind mill in March…
Analysts believe Panoro Minerals’ (TSXV: PML; US-OTC: POROF) preliminary economic assessment (PEA) on the Cotabambas project shows the copper-gold-silver-molybdenum porphyry deposit is viable, despite failing to impress investors.
VANCOUVER — It’s been a bounce-back 12 months for junior Nautilus Minerals (TSX: NUS; US-OTC: NSUMF), which has overcome a major sociopolitical hurdle to get back on track to develop the world’s first undersea mining operation…
Christine Meilton, principal consultant on copper supply and raw materials at independent commodities research firm CRU Group, predicts that supply side losses and slow ramp-ups in the smelting and refining sector will put a squeeze on supply…
U.S. equities gained momentum on positive jobless data. The Dow Jones Industrial Average climbed 50.64 points to 17,763.24, and the S&P 500 Index added 5.94 points to finish at 2,066.96. Spot gold edged up US$3.60 per oz. to end at US$1,202…
At a time when many junior companies are dropping like flies, Dynacor Gold Mines (TSX: DNG: US-OTC: DNGDF) generates about US$700,000 to US$800,000 in cash flow per month, has about US$13.5 million in the bank, no debt, and plans to…
Colombia’s mining sector makes up 3% of the country’s gross domestic product. It is the world’s fourth-largest coal producer at 90 million tonnes per year, the tenth-largest nickel producer, and it is rich in copper, precious…
Fresh on the heels of its 2015 Thayer Lindsley award win for discovering the Kamoa copper deposit in the Democratic Republic of the Congo (DRC), Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has reeled in Zijin Mining as a strategic investor.
VANCOUVER — Junior explorer NGEx Resources (TSX: NGQ; US-OTC: NGQRF) continues to expand mineralization at its Filo Del Sol project in a district it refers to as “Chile’s largest new copper-gold camp.” Bob Carmichael,…
Like other regions, Latin America has seen a slowdown in mining investment owing to the global decline in commodities prices.
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