Atico hits high grades below El Roble workings
VANCOUVER — Atico Mining (ATY-V) has pulled some striking grades in its first drill results from the El Roble project in Colombia.
Copper
NovaCopper hits the ground running in Alaska
VANCOUVER — 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…
Augusta boosts resource at Rosemont
Shares of Augusta Resource Corp. (AZC-T, AZC-N) rose 14.6% or 24¢ to $1.88 after the company released an updated resource estimate for its Rosemont copper project in Arizona. The company expects to issue a project update early next week on…
Orsu sheds one asset to focus on another
Orsu Metals (OSU-T, OSU-L) has taken another step towards getting its Karchiga copper production into production.
Baja slides another 21% as it looks for funds
The clock is ticking for Baja Mining (BAJ-T) as it approaches its August deadline to raise additional funds for the Boleo copper-cobalt-zinc project in Mexico to cover the project’s cost overruns so it continue accessing its loans.
NovaGold attempts to de-risk high-cost Donlin project
VANCOUVER — NovaGold Resources (NG-T, NG-X) bounced off 52-week lows after announcing it had achieved a number of milestones on the road to developing its Donlin gold project northeast of Anchorage, Alaska. Donlin is one of the largest…
Cobriza hits new porphyry in Peru
The latest drill results from Cobriza Metals (CZA-T) Arikepay project in Peru have the company confident it has made a new porphyry discovery.
WCB hunts gold, copper on PNG’s Misima Island
When Xstrata (XTA-L) put its share of the US$5.3-billion Frieda River copper project in Papua New Guinea on the market in late June, there were a few raised eyebrows at the state of affairs in the country — especially given…
Global Minerals seeks silver in historic Slovakian mine
VANCOUVER — A common tale amongst grand old communist regions is the historic state-run mine that now lies in disrepair following the blossoming of democratization and liberalization in parts of Eastern Europe. International explorers…
Baja Mining clings to life
Nearly two months after Baja Mining (BAJ-T, BAJFF-O) initially disclosed cost overruns of US$246 million at its Boleo copper-cobalt-zinc project in Baja California Sur, Mexico, one of the company’s largest shareholders, Louis Dreyfus…
Capstone unveils Minto expansion plan
A lot has changed since Vancouver-based Capstone Mining (CS-T) kick-started production at its Minto open-pit copper mine, 240 km north of Whitehorse, Yukon, in 2007. At the time the mine had an eight-year life and a throughput rate of 1,600…
New Gold starts up New Afton in BC
New Gold (NGD-T, NGD-N) brings online a fourth mine with the timely start up of its New Afton gold-copper mine, near Kamloops, B.C.