Copper

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…


The camp at Avannaa Resources' Washington Land lead-zinc project in northern Greenland. Source: Avannaa Resources

Greenland’s timeless allure

Avannaa Resources is a privately held exploration company founded by three geologists from Britain and Denmark who pooled their interest and experience in Greenland. It may be an unfamiliar name to many, but over the last nine months, the…


Drill core from Atico's  El Roble copper-gold project in Colombia. Source: Atico Resources

Atico completes El Roble resource

When it comes to pedigree in South America’s mining industry, it doesn’t get much better than the storied Ganoza family of Peru, which has owned and operated underground gold, silver and base metal mines in both their homeland and…


Fortune Minerals gets strategic investment

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


Open-pit mining resumes at Grasberg

The Indonesian government has given the go-ahead for Freeport-McMoRan Copper & Gold’s (FCX-N) to resume open-pit mining at its Grasberg complex after suspending operations there following the death of 28 workers in May.



Lundin Mining's newly acquired Eagle nickel-copper project, 45 km northwest of Marquette, Michigan. Source: Rio Tinto

Lundin pulls trigger on US$325M Eagle deal

VANCOUVER — Lundin Mining (LUN-T) has been shopping for a base metal asset to add to its production portfolio, and on June 12 the company found a partner in Rio Tinto (RIO-N, RIO-L), which was looking to unload its development-stage Eagle…



The high-grade copper oxide zone at NGEx Resources' Filo del Sol project on the Chile-Argentina border. Sources: NGEx Resources

NGEx wraps up campaign with high-grade hit

VANCOUVER — Copper explorer NGEx Resources (NGQ-T) capped off a busy drill season in April, with the Vancouver-based company completing 44,000 metres over a promising property package that straddles the Chile-Argentina border, southeast…


Euromax's Trun gold project in Bulgaria. Source: Euromax Resources

Euromax forges ahead in southeastern Europe

VANCOUVER — It has been a busy year so far for Vancouver-based explorer Euromax Resources (EOX-V) and its diverse portfolio of base and precious metal projects across emerging jurisdictions in southeastern Europe. Euromax has locked down…


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