Copper

McEwen doubles resource at Los Azules

Indicated resources have more than doubled to 4.6 billion pounds of copper at McEwen Mining’s (MUX-T, MUX-N) Los Azules project in Argentina, while inferred resources have jumped 4% to 10.8 billion pounds of copper.



WCB hunts gold, copper elephant on Misima Island

VANCOUVER — When big-time global miner Xstrata PLC (XTA-L) put its 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 small Melanesian…


The exploration camp at Candente Copper's Canariaco Norte porphyry copper project 700 km northwest of Lima, Peru. Photo by Candente Copper

Candente makes headway in Peru

On the last day of May, Peru’s  Ministry of Energy and Mines granted Candente Copper (DNT-T) the permit it needs to complete drilling for its feasibility study on the Canariaco Norte project, a porphyry copper deposit about 700 km…


Lumina finds new zones at Taca Taca

New copper mineralization zones at the Taca Taca project failed to lift the share price of Lumina ­Copper (LCC-V) due to anti-Argentina sentiment in the wake of President Cristina Fernandez’s ­decision last month to nationalize…


Quaterra completes MacArthur PEA

Quaterra Resources (QTA-V, QMM-X) has taken a step closer to near-term production at its MacArthur project, a fully stripped porphyry copper-oxide property in western Nevada’s historic Yerington copper district.A preliminary economic…


Panoro Mineralspersonnel and visitors at the Cotabambas copper-gold project in Peru, 48 km southwest of Cuzco. Photo by Ian Bickis

Panoro shows promise in Peru

Panoro Minerals (PML-V) has over a dozen properties in Peru, but is focusing on developing its two advanced-stage projects in the country’s southeastern region.Its top priority is the wholly owned Cotabambas copper-gold project,…


Workers install a pebble crusher at Xstata's Antapaccay copper project in Peru. Photo by Xstrata

Xstrata copes with civil unrest in Peru

As with many resource-rich developing countries,   there can be tensions in Peru between pro-mining interests and affected local communities. Switzerland-based Xstrata (XTA-L) is stuck in the middle of such a dispute as regional…



NGEx hits big copper strikes at Josemaria, Los Helados

VANCOUVER — Vancouver-based copper explorer NGEx Resources (NGQ-T) is enjoying a June comeback, as the company benefits from drill results on promising targets at its land package on the established Region III corridor along the…


Iamgold to sell Quimsacocha

Shares of INV Metals (INV-T) surged 46% to 16¢ on news the Toronto-based company plans to acquire the Quimsacocha gold project in Ecuador from Iamgold (IMT-T) in a move it hopes will take it from a junior exploration company to an…


Capstone’s Minto will live to produce through 2022

VANCOUVER — A lot has changed since Vancouver-based producer Capstone Mining (CS-T) kick-started production at its Minto open-pit copper mine 240-km-north of Whitehorse in 2007. At the time the mine had an eight-year life and a throughput…


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