Copper

SilverCrest increases bought deal financing

Precious metals producer SilverCrest Mines (SVL-V, SVLC-N, SVLC-X) has expanded its bought financing to $30 million from $26 million and will use the proceeds to both eliminate the remainder of its gold hedge book and beef up…


Pac Booker hammered by BC gov’t denial

VANCOUVER — In a rare move, the B.C. Liberal government has opted to deny developer Pacific Booker Minerals (BKM-T, PBM-X) an environmental assessment (EA) certificate for its wholly-owned Morrison copper-gold project 65 km northeast of…


Update: OceanaGold nears commissioning at Didipio

After the financial crisis derailed the Didipio gold-copper project in 2008 and OceanaGold (OGC-T, OGC-A) was forced to put the Southeast Asian project on care and maintenance, the company says it expects to start commissioning within the next…


Constrained copper supply spells trouble

There won’t be enough copper to meet Chinese demand by the middle of the next decade, Adrian Day, president of Adrian Asset Management in London, told a group of investors at The Cambridge House conference last week in Toronto.


Exco Resources fights hostile takeover

Just two weeks after the board of Australian junior Exco Resources (ESX-A) rejected a hostile, all-cash takeover offer from one of its institutional shareholders, the explorer released an updated resource estimate for its Turpentine copper-gold…


Coarse ore travels on a conveyor at Ivanhoe Australia's Osborne copper-gold mine in Queensland, Australia. Photo by Ivanhoe Australia

Ivanhoe Australia upgrades resource at Osborne

In late February, Ivanhoe Australia (IVA-T, IVA-A) started production ahead of schedule and on budget at its Osborne copper-gold project in northwestern Queensland. The initial shipment of copper-gold concentrate to Asian smelters left port in…


Copper Mountain Mining's namesake copper mine, 20 km south of Princeton, British Columbia. Photo by The Northern Miner

Copper Mountain a target, CIBC says

Copper Mountain Mining (CUM-T) and its copper mine in B.C. could become a takeover target, Matthew Gibson of CIBC argues in a new research report.


Taseko takes a second swing at New Prosperity

VANCOUVER — Nearly two years after its initial environmental assessment was rejected, Vancouver-based Taseko Mines (TKO-T, TGB-X) is stepping up to the plate for a second attempt at permitting its US$1.1-billion New Prosperity copper-gold…


Lundin says Touro option a no-go

Lundin Mining (LUN-T) has decided to drop its option to buy 80% of Touro because it says the Spanish copper project won’t provide enough bang for its buck.


Goldquest drops 33% on drill results

Goldquest Mining (GQC-V), which has seen a substantial boost in its share price after discovering the Romero target in late May, slipped 33% on the target’s latest drill results.



Noront Resources' Esker camp in Ontario's James Bay Lowlands. Photo by Noront Resources

Noront hopes to soar with Eagle’s Nest

Toronto-based Noront Resources (NOT-V) is banking on a newly published feasibility study at its advanced-stage Eagle’s Nest polymetallic nickel-sulphide deposit — which also includes copper, platinum, palladium and gold — to…


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