Copper

Aerial view of Foran's McIlvenna Bay exploration camp in Saskatchewan.

McIlvenna Bay keeps growing for Foran

Foran Mining (FOM-V) has bulked up resources at the McIlvenna Bay zinc-copper-gold-silver volcanogenic massive sulphide (VMS) deposit in east central Saskatchewan, with increases of 15% and 18% in indicated and inferred tonnage.


An aerial shot of AuRico's El Chanate mine in Sonora, Mexico. Source: AuRico Gold

El Chanate write-down surprises AuRico shareholders

Despite a $127 million write-down of the El Chanate mine in Sonora, Mexico, Canaccord Genuity analyst Rahul Paul says he isn’t changing his investment thesis on AuRico Gold (AUQ-T, AUQ-N) and is maintaining his US$11 price target on the stock….






Mercator Minerals' Mineral Park copper-molybdenum mine in northwestern Arizona. Source: Mercator Minerals

Mercator eyes better days ahead

Mercator Minerals (ML-T) had a difficult year in 2012, but one that ended with improved operations and a stronger balance sheet, despite taking a US$119.8-million writedown on its El Creston molybdenum-copper project in Mexico’s Sonora…



Tintina grows Black Butte’s copper

VANCOUVER — With an upgraded resource estimate for a second deposit at its Black Butte project in Montana now in hand, Tintina Resources (TAU-V) is ready to revamp the project’s recent economic assessment while it awaits permission…


Copper Mountain contemplates secondary crusher

Despite several mill maintenance shutdowns last year and variable ore hardness and fragmentation entering the semi-autogenous grinding mill from different open-pit locations, Copper Mountain Mining (CUM-T) posted a gross profit of $38.2 million…


Scotiabank’s Mohr talks copper

Last month, Scotiabank’s vice-president of economics and commodity market specialist Patricia Mohr received the 2012 Metal Bulletin Apex Award for the best gold and overall precious metals price forecasts. Mohr received top honours for…



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