Copper

Grinding equipment at EMED Mining's Rio Tinto copper mine, 65 km northwest of Seville, Spain. Source: EMED Mining

EMED aims to lock down Rio Tinto production target

VANCOUVER — It has been a lengthy process for junior EMED Mining (TSX: EMD; LSE: EMED) at the historic Rio Tinto copper mine, 65 km northwest of Seville, Spain. The company has dealt with permitting delays and volatile copper prices, but…





Fortune closes in on final permits at NICO

VANCOUVER — It has been a promising six months for Fortune Minerals (TSX: FT; US-OTC: FTMDF) and its advanced-stage NICO gold-cobalt-bismuth project, 160 km northwest of Yellowknife, N.W.T. The London, Ont.-based company began the year…


In Williams Lake, B.C., on July 22, 2013, anti-mine protestors march to the opening of the federal review public hearing for Taseko MInes' proposed New Prosperity copper-gold mine. Photo By Gwen Preston.

Editorial: Prosperity’s temerity

I visited Taseko Mines’ Gibraltar mine north of Williams Lake, B.C., in 2008. The company bought the shuttered operation in 1998 and restarted it in 2004. Four expansions later, Gibraltar now employs 700 people, churns out 90 million lb….


U.S. markets, July 8-12

U.S. stocks closed the trading week in the green, with the Dow Jones Industrial Average adding 2.2%, or 328.46 points, to 15,464.30. The S&P 500 Index rose nearly 3%, or 48.3 points, to 1,680.19, and the Philadelphia Gold & Silver Index…


Mercator lowers Mineral Park’s copper-moly reserves

Mercator Minerals (TSX: ML; US-OTC: MLKKF) has updated the resource and reserve estimate for its Mineral Park copper-molybdenum mine in Arizona, noting that while reserves have decreased, the open-pit operation still has a promising life ahead.


The exploration camp at Gold Reach Resources' Ootsa gold project in northwest British Columbia. Source: Gold Reach Resources

Gold Reach advances Ootsa on all fronts

VANCOUVER — The first half of 2013 has been a busy time for Gold Reach Resources (TSXV: GRV) at its Ootsa property in B.C. Since January the company has updated the resource estimates for the pro­ject’s two deposits, shown that…


A drill rig at Eurasian Minerals' Copper Basin copper project in Arizona. Photo by Gwen Preston.

Eurasian rethinks Arizona’s copper riches

PHOENIX, ARIZONA — “Here we are, in the middle of one of the most productive copper districts in the world — Arizona — and we were able to just stake this ground,” says David Cole, president and CEO of Eurasian…


Osisko sheds light on mystery Mexican project

VANCOUVER — Last October, Osisko Mining (TSX: OSK) made a rather odd announcement. The Montreal-based, Eastern Canada-focused gold miner reported it had staked just shy of 10,000 sq. km in Mexico, but wouldn’t be telling anyone the…


A truck hauls ore at Fortune Minerals' NICO gold-cobalt-bismuth-copper project in the Northwest Territories during test mining conducted in 2006 and 2007. Source: Fortune Minerals

Procon invests $12M in Fortune Minerals

Procon Resources, a Vancouver-based mining contractor that is majority owned by China CAMC Engineering, is making an $11.7-million strategic investment in Fortune Minerals (TSX: FT) at a price of 40¢ per share — a 14% premium over…


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