Copper

Partners prove up copper potential at Pyramid project

VANCOUVER — It took less than three years and only 30 holes for Full Metal Minerals (FMM-V) and Antofagasta (ANTO-L) to define a resource at their Pyramid project in Alaska that contains more than 1.3 billion lb. copper, as well as…




Nevsun optimistic about new zone near Bisha

VANCOUVER — Drills probing the Northwest zone, a satellite zone 1.2 km from Nevsun Resources’ (NSU-T, NSU-N) operating Bisha gold mine in Eritrea, are finding high-grade gold, copper and zinc — just not all in the same place.


UPDATE2: Grasberg tunnel collapse kills 28

Twenty-eight workers have died at Freeport-McMoRan Copper & Gold’s (FCX-N) Grasberg mining complex in Indonesia after the roof of an underground training facility collapsed on May 14. Ten others have been rescued.


A drill rig in the a distance at Coro Mining's Berta copper project in Chile. Source: Coro Mining

Juniors like Coro face tough choices

Difficult markets and strained balance sheets are dogging junior mining companies across the industry, forcing them to make some hard decisions about how to manage their assets.  


Logging core at Sunridge Gold's Asmara copper-zinc-gold project in Eritrea. Source: Sunridge Gold

Sunridge brightens Asmara’s economics

Sunridge Gold (SGC-V) has outlined stronger economics for its prized Asmara copper-zinc-gold project in Eritrea in a feasibility study that outshines last year’s prefeasibility study. 


JV partners grow resource at Woodjam

In a little over a year, partners Consolidated Woodjam Copper (WCC-V) and Gold Fields (GFI-N) have grown the inferred resource at the Southeast zone on their Woodjam property in the Cariboo region of central British Columbia from 146.5 million…


Lundin on track despite first-quarter zinc setback

VANCOUVER — Diversified base metal producer Lundin Mining (LUN-T) is on target to meet its guidance this year despite lower-than-anticipated production during the first quarter at its wholly owned Zinkgruvan zinc-lead-copper mine, 200 km…



The coal loading facility at Teck's Elkview operation in southeastern British Columbia. Source: Teck Resources

Cheap coal hits Teck’s bottom line

Teck Resources’ (TCK-T, TCK-N) first-quarter performance beat analyst expectations but came in lower compared to a year ago, owing to global economic uncertainty and weaker commodity prices.


Healthy operating cash flow in Q1, Barrick says

Barrick Gold (ABX-T, ABX-N) has reported operating cash flow in the first quarter of 2013 at US$1.1 billion, down from US$1.4 billion in the first quarter of 2012, while net earnings totalled US$847 million, or US85¢ per share, down from…


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