Half a year in, Barrick Gold’s (ABX-T, ABX-N) newly purchased Lumwana copper mine in Zambia has done little to rebut the critics who denounced Barrick’s contentious and expensive move into copper through its June 2011 takeover of…
A preliminary economic assessment of Queenston Mining’s (QMI-T, QNMNF-O) flagship Upper Beaver project in northern Ontario envisions production of 120,000 ounces of gold and 5.3 million pounds of copper a year at attractive cash costs…
The Taca Taca deposit in northwestern Argentina, 90 km east of Escondida, the world’s largest copper mine, has yielded the longest mineralized intercept to date—813 metres grading 0.60% copper equivalent including 134 metres of…
Salazar Resources (SRL-V) climbed 18% on news that diversified miner Lundin Mining (LUN-T) is acquiring a 15.4% stake in the company by buying over 80% of Salazar’s $3-million private placement, consisting of 6 million units…
Vancouver – Already equal partners in the headline-grabbing Rio Grande copper-gold project in Argentina, Regulus Resources (REG-V) and Pachamama Resources (PMA-V) have decided make the arrangement formal and merge into one company.
An unsolicited takeover bid for Magma Metals (MMW-V, MMW-A) by Australia’s Panoramic Resources (PAN-A) sent Magma’s shares in Toronto up 76.5% to close at 15¢ on Feb. 3, with nearly three million shares changing hands.
With the Association for Mineral Exploration British Columbia celebrating its 100th anniversary at this year’s Mineral Exploration Roundup in Vancouver, it was only fitting that most of the projects highlighted in the Tuesday sessions had long…
Salazar Resources (SRL-V) climbed 18% on news that Lundin Mining (LUN-T) acquired a 15.4% stake in the company by buying over 80% of Salazar’s $3-million private placement, consisting of 6 million units priced at 50¢ apiece.
Commodities trader Glencore (glen-l) is looking to combine with Xstrata (xta-l) in a possible all-share merger of equals, which will see the combined entity dominate the global markets for thermal coal, zinc, lead and ferrochrome, and become a…
Vancouver – Haiti-focused Majescor Resources (MJX-V) has announced several encouraging copper and silver hits over two days from its 71%-owned Somine project, sending its share price upwards.
Vale (vale-n) has temporarily halted all of its underground mining activity at its five nickel-copper mines in Sudbury, Ont., following the death of a miner at the Coleman mine on Jan. 29.
Resources at BHP Billiton’s (BHP-N) Spence copper mine in northern Chile has grown by nearly 700%, following a four-year, US$30-million brownfield exploration program.
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