Gold Fields eyes Ontario junior for growth
Gold Fields (GFI-N) has signaled interest to acquire a majority stake in Bear Lake Gold’s (BLG-V) early-stage exploration assets, driving the Ontario-focused junior’s shares up 50% on April 10.
Copper
Confusion lingers over Indonesian export taxes
Earlier this month Reuters reported that Indonesia is mulling plans to slap export taxes of 25% on coal and base metals this year and as much as 50% in 2013. The measures are being contemplated as part of an effort to prevent miners from trying…
Augusta inches Rosemont forward
Augusta Resource (AZC-T, AZC-X) is slowly but surely pushing its Rosemont project in Arizona towards production, by securing the sixth major permit needed to start building the massive copper project, located 50 km southeast of Tucson.
It’s high noon for Anglo and Codelco at Los Bronces
A dispute between Anglo American (AAUKY-Q) 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.
Sizing up BC’s next copper kings
With capital costs escalating all around the industry and mine financing not getting any easier, good infrastructure looks to be as crucial as ever to building a successful, major copper mine in B.C.
Lundin’s NGEx targets copper and gold in Chile
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 of Companies, that…
Lumina hits longest intercept to date
Scotia Capital mining analyst Tom Meyer has lifted his one-year target price on Lumina Copper (LCC-V) shares from $18 to $21 after the company released more positive drill results, including the longest mineralized intercept to date…
Duran’s Aguila project takes shape
Duran Ventures (DRV-V) has received a maiden resource estimate for its Aguila copper-molybdenum porphyry project in Peru’s north-central Ancash district.
Oracle ready for restart
Oracle Mining (OMN-T) has gained some cash, and now it is restarting a copper mine.
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.
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.