Long gold hits at Condor for Ecuador Gold and Copper
VANCOUVER — A 10,000-metre drill program at the Condor copper-gold project in southeast Ecuador is returning long, mineralized intercepts for Ecuador Gold and Copper (EGX-V).
Copper
Wall Street ends on a high note
U.S. stocks ended in positive territory during the March 4–8 trading week, helped by strong jobs data.
First Quantum’s annual profit hit by lower copper prices
VANCOUVER — Despite a 16% year-on-year jump in copper production Vancouver-based First Quantum Minerals (FM-T, FQM-L) told a familiar story during an annual report on its 2012 fiscal year: falling average realized copper prices and rising…
“This is the beginning of the African decade,” says Robert Friedland
Shares of Ivanplats (IVP-T) began trading on the Toronto Stock Exchange in October 2012, but the company, founded by Singapore-based mining entrepreneur Robert Friedland, has been exploring in Africa since 1994. Today Ivanplats has discoveries…
Thompson Creek looks challenges in the eye
First the good news: Thompson Creek Metals (TCM-T, TC-N) says it has enough cash to finish building its recently acquired Mount Milligan copper-gold mine project near Prince George, B.C., and that the project remains on target for start-up in…
The high-stakes world of Papua New Guinea mining
PORT MORESBY, PAPUA NEW GUINEA — Rising out of the sea at the collision of the Pacific and Indo-Australian tectonic plates, Papua New Guinea is the stuff of legend for both its geological potential and punishing working environment.
Panoro on track at Cotabambas
CUSCO, PERU — With a large copper-gold-silver resource in its pocket at the Cotabambas project in the Peruvian Andes, Vancouver-based explorer Panoro Minerals (PML-V) is viewing 2013 as a turning point that could see the company…
Alder revisits Rosita in Nicaragua
Alder Resources’ (ALR-V) chairman Don Dudek and CEO Joseph Arengi, who years ago pursued the past-producing copper-gold-silver Rosita project in northeast Nicaragua, are hoping their perseverance will soon pay off with a big discovery.
El Teniente’s tailings offer dividends for Amerigo
Over the last 40 years, Klaus Zeitler has financed, built and managed base metal and gold mines in Europe, Africa, North and South America and the Pacific.
A giant stirs in Bougainville
PANGUNA, BOUGAINVILLE — After more than 20 years in limbo, the small Papua New Guinea island of Bougainville is closer than ever to reopening the infamous Panguna mine.
Florence prefeasibility lifts Curis
VANCOUVER — Curis Resources (CUV-T) bucked two of the mining sector’s most persistent problems — creeping capital costs and rising operating expenses — with a prefeasibility study for its Florence copper project in…
Taking a closer look at Taseko’s options
Taseko Mines (TKO-T, TGB-X) could become a consolidator in B.C., or prey to companies like Lundin Mining (LUN-T), Capstone Mining (CS-T) or Teck Resources (TCK-T, TCK-N), Christopher Chang of Laurentian Bank Securities argues.