Entre Gold adds to copper assets in Nevada, Mongolia
Entrée Gold (ETG-T, EGI-X) has amassed an impressive collection of copper resources and reserves in Nevada and Mongolia, but getting any of it out of the ground is at least a few years away.
Copper
Emed locks down financing for Rio Tinto revival
Emed Mining (EMD-T, EMED-L) has closed its second major financing of the year as the company moves towards restarting production at the historic Rio Tinto copper mine located 65 km north of Seville in Andalucia, Spain.
First Quantum preps Sentinel for production
First Quantum Minerals (FM-T) — which has several copper projects in its development pipeline — has a new reserve and resource estimate in hand for its Sentinel copper project in Zambia.
Lundin’s NGEx targets copper-gold in Chile
VANCOUVER — NGEx Resources (NGQ-T) looks to have a promising collection of copper-gold porphyry properties in Chile’s prolific Region III, but considering the company comes under the umbrella of the serially successful Lundin Group…
Update: Ivanhoe to sell SouthGobi stake to Chalco
Ivanhoe Mines (IVN-T, IVN-N, IVN-Q) says it will sell its stake in Mongolian coal producer SouthGobi Resources (SGQ-T) to Aluminum Corp. of China (Chalco) and use the proceeds to fund development of its massive Oyu Tolgoi mine, where it…
B.C.’s next copper kings
VANCOUVER — With capital costs escalating all over the industry and mine financing not getting any easier, infrastructure is looking as crucial as ever for those looking to build a major copper mine in British Columbia while keeping costs…
ICSG: China, Russia boost copper use for 2011
The following is a summary of the International Copper Study Group’s (ICSG) preliminary data for 2011 world copper supply and demand. The full report is included in the ICSG’s March 2012 Copper Bulletin, which can be purchased at…
It’s high noon for Anglo and Codelco at Los Bronces
Vancouver — A dispute between Anglo American (AAUKY-Q, AAL-L) and Chilean state-owned copper miner Codelco over the Los Bronces copper mine in Chile has devolved into a public spat in the Chilean courts and international press.
Katanga wants to be Africa’s biggest copper producer
Katanga Mining (KAT-T) is gearing up to take a big copper project, and make it that much bigger.
A ‘win-win’ deal for Kirkland, Queenston
In a move to secure future growth, Kirkland Lake Gold (KGI-T, KGI-L) is buying Queenston Mining’s (QMI-T) 50% stake in seven jointly held properties the two have in Ontario’s Kirkland Lake gold camp for $60 million in cash and a…
Entre Gold continues to bank in-ground copper assets
Vancouver — Entrée Gold (ETG-T, EGI-N) has amassed an impressive collection of copper resources and reserves in Nevada and Mongolia, but getting it out of the ground may be the rub.
Mitsubishi takes stake in Marathon
Mitsubishi Corp. of Japan will invest US$94.9 million for a 25% stake in Stillwater Mining’s (SWC.U-T, SWC-N) Marathon project, a platinum group metals and copper deposit near the north shore of Lake Superior about 10 km north of the town…