Copper

Better days ahead for Thompson Creek

Thompson Creek Metals (TCM-T, TC-N) like many mining companies has had a tough ride over the last year. Slowing metal demand from China and falling prices have teamed up to hammer the company’s share price. In mid-January 2011 the…


Turquoise Hill, Rio Tinto push ahead at Oyu Tolgoi

Turquoise Hill Resources (TRQ-T, TRQ-N), formerly known as Ivanhoe Mines, says the first construction phase at its sizeable 66%-held Oyu Tolgoi copper-gold project in Mongolia’s South Gobi desert is wrapping up with initial production…


Cobriza on the copper trail in Peru

The final results from Cobriza Metals’ (CZA-T) first drill campaign at its Arikepay polymetallic project in Peru are in, and they continue to indicate that the company is on to a large porphyry system.


At Inmet Mining's Cobre Panama copper-gold development, west of Panama City, Panama. Photo by Inmet Mining

Franco-Nevada, Inmet sign Cobre Panama deal

Inmet Mining (IMN-T) has closed a financing deal with streaming and royalty company Franco-Nevada (FNV-T, FNV-N) worth US$1 billion. It’s a bid to cover a funding shortfall at Inmet’s US$6.2-billion Cobre Panama copper-gold…


Anglo, Codelco reach agreement in copper clash

VANCOUVER — Following ten months of mediation and looming courtroom drama, London-based major Anglo American (AAL-L) and Chile’s state-owned copper miner Codelco have reportedly reached an agreement over the ownership rights of…


Inmet, Franco-Nevada ink Cobre Panama deal

VANCOUVER — In a highly-anticipated move, base-metal producer Inmet Mining (IMN-T) has closed a financing deal with streaming company Franco-Nevada (FNV-T, FNV-N) worth US$1 billion in a bid to cover a funding shortfall at its…


Teck hit by lower commodity prices

The global economic downturn is hitting Teck Resources (TCK-T, TCK-N), with Canada’s biggest diversified miner suffering from weaker coal and copper prices as the Chinese growth story loses steam.


Hudbay to build Constancia, signs stream agreement

Construction of the $1.5-billion Constancia copper mine in southern Peru is a go, and Hudbay Minerals (HBM-T, HBM-N) has signed a streaming agreement with Silver Wheaton (SLW-T, SLW-N) to help foot the bill.Under the first streaming agreement…


Barrick looks to sell its African assets

Barrick Gold’s (ABX-T, ABX-N) new CEO Jamie Sokalsky has gotten straight down to business to help lift the company’s stagnating share price through a possible sale of its African unit.


North American Nickel's Maniitsoq nickel-copper project on Greenland's southwestern coast. Photo by North American Nickel

North American Nickel’s interstellar story at Maniitsoq

It is not often that a mining company finds itself headlining space publications and astronomy journals, but that is exactly what happened to North American Nickel (NAN-V, WSCRF-O) when the Geological Survey of Denmark and Greenland announced…


NovaCopper hits the ground running in Alaska

Newly minted NovaCopper (NCQ-T, NCQ-X) has grand ambitions for its Upper Kobuk project in Alaska’s prolific Ambler mining district, and the company is off to a quick start with a US$16.5-million exploration program and an inaugural…


Machinery moving material at Augusta Resource's Rosemont copper project near Tucson, Arizona. Photo by Augusta Resource

Rosemont will cost more, Augusta says

Shares of Augusta Resource (AZC-T, AZC-X) closed 7.8% lower at $1.66 per share following an updated feasibility study release that estimated higher capital and operating costs for its Rosemont copper project near Tucson, Ariz.Total initial…


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