VANCOUVER — Rio Tinto (NYSE: RIO; LSE: RIO) has taken another step in its effort to sell non-core assets and reduce its debt with a deal to sell its 80% stake in the Northparkes copper mine in Australia to China Molybdenum (US-OTC: CMCLF)…
Barrick Gold (TSX: ABX; NYSE: ABX) is writing down the value of its assets by US$8.7 billion and slashing its quarterly dividend in response to the recent decline in metal prices.
The whole appears greater than the sum of its parts for Candente Copper (TSX: DNT), which is acquiring Cobriza Metals (TSXV: CZA; US-OTC: CBZMF) — a company it spun out in late 2011 — to survive and hopefully thrive in a harsh…
VANCOUVER — The jurisdiction may not be ideal given recent events, but Calgary-based explorer Ecuador Gold and Copper (TSXV: EGX) is outlining some sizable resources at its Condor gold-silver-copper project in Ecuador’s Zamora…
Shares in Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) plunged nearly 20% after the miner’s parent company Rio Tinto (NYSE: RIO; LSE: RIO) halted underground work at the Oyu Tolgoi mine until the Mongolian parliament…
NovaCopper (TSX: NCQ; NYSE-Arca: NCQ) — a junior explorer that NovaGold Resources (TSX: NG; NYSE-Arca: NG) spun out early last year to explore and develop its Upper Kobuk mineral projects in the Ambler mining district of northwestern…
The Lisbon-based International Copper Study Group (ICSG) released the following preliminary data for April 2013 world copper supply and demand in its July 2013 Copper Bulletin. The Bulletin is available for sale upon request. For more…
The El Teniente mine in the Chilean Andes has been producing copper since 1904, and Codelco believes the underground copper mine — the world’s largest, with more than 2,400 km of subterranean tunnels — has many more decades to…
WILLIAMS LAKE, BC — Two very different scenes played out on opposite sides of the building hosting the public hearing on the proposed New Prosperity mine in the hours before the hearing got started.
VANCOUVER — A long copper-gold intercept suggests that the Ccalla deposit has more mineralization to offer Panoro Minerals (TSXV: PML; US-OTC: POROF), as the company gets set to update the resource estimate at its Cotabambas project in…
Your recent articles on the New Prosperity project contain some significant errors concerning aboriginal rights and title and their potential effect on the federal review panel process.
A combination of lower gold and copper prices along with stockpiles and ore on leach pads contributed to a net loss attributable to shareholders of US$2 billion or US$4.06 per share, compared to a net profit of US$279 million, or US$0.56 per…
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