Copper


TSX moves up, April 21-25

Canada’s benchmark index gained during the week despite rising tensions in Ukraine, with the S&P/TSX Composite Index moving up 33 points to 14,533.57.


An outcrop at Sudbury Platinum's Aer-Kidd nickel-copper-PGM project in Sudbury, Ontario. Credit: Transition Metals

Royal Nickel buys 25% of Sudbury Platinum for $1.5M

Toronto-based explorer Royal Nickel (TSX: RNX; US-OTC: RNKLF) has seen its shares climb more than 50% since April, when it gave an upbeat outlook on nickel prices and announced acquiring a minority interest in a private company that’s…



Nautilus settles dispute with PNG government

VANCOUVER — Shares of Nautilus Minerals (TSX: NUS; US-OTC: NUSMF) have been on the rise following an agreement with the Papua New Guinean (PNG) government that allows for the mining of the company’s Solwara 1 undersea…


Nautilus is planning on extracting high-grade seafloor massive-sulphide systems around 30 km from PNG's coastline. Credit: Nautilus Minerals

Nautilus settles dispute with PNG government

VANCOUVER — Shares of explorer Nautilus Minerals (TSX: NUS; US-OTC: NUSMF) were on the rise following an agreement with the Papua New Guinean (PNG) government that could set the development stage at the company’s Solwara 1…



A ship receives a load at Rio Tinto's Pilbara iron-ore mining complex in Australia. Credit:  Rio Tinto

Rio Tinto struggles with Pilbara iron ore, Oyu Tolgoi

VANCOUVER — Despite setting production records during the first quarter, Rio Tinto (NYSE: RIO; LSE: RIO) is not off to the best start to 2014. The company struggled with bad weather at its iron-ore operations in Western Australia,…


Augusta Resource president and CEO Gil Clausen.

Augusta’s Clausen on Hudbay bid, other suitors

Nine interested parties — including a number of “significant industry players” — have signed confidentiality agreements to review the Rosemont copper project in Arizona, Augusta Resource (TSX: AZC; NYSE-MKT: AZC) says.



Correction

The story “NovaCopper boosts resources at Bornite” (T.N.M., March 31–April 6/14) incorrectly stated the inferred contained copper figures for both the in-pit and below-pit estimates at Bornite, which were stated in millions…



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