First Quantum exits DRC on a high note
First Quantum Minerals (FM-T) is putting an end to its troubles in the Democratic Republic of the Congo (DRC) by agreeing to sell its DRC assets and drop any related legal claims for US$1.25 billion.
Copper
Baja Mining updates progress at Boleo
Baja Mining (BAJ-T) has tested the first of three 2.5-megawatt power generators at its 70%-owned Boleo copper-cobalt-zinc-manganese project, and says that all three will be online before the month’s end.
What’s next for BC’s Ajax copper-gold project?
Abacus Mining & Exploration (AME-V) envisions an interesting prospect at its joint-ventured Ajax copper-gold project near Kamloops, B.C., with a feasibility study showing the project could support a 60,000-tonne-per-day operation generating…
Korean partners exercise option in Cobre Panama
Korea Resources Corp. and LS-Nikko Copper are exercising their option to take a 20% stake in Cobre Panama, a large open-pit copper development project in Panama owned by Inmet Mining (IMN-T).
Three companies better than one for Western Copper family
Vancouver – Convinced its portfolio of projects weren’t being adequately appreciated in the market, Yukon-focused Western Copper last year decided to spin out everything but its flagship Casino project into two new companies.
Inmet’s Cobre Panama clears environmental hurdle
Inmet Mining (IMN-T) shares surged $3.12 apiece, or 4.76%, to close at $68.62 in the new year after the company announced that the Panamanian government has approved an environmental and social impact assessment for its Cobre Panama…
Anglo American meets organic growth milestones
Over the last year Anglo American (AAL-L) has commissioned three of its four major growth projects in three different metals: iron ore, nickel and copper.
South American Silver sizes up Escalones
South American Silver (SAC-T) has released a first resource estimate on its wholly owned Escalones copper-gold-silver project in Central Chile.
HudBay to build Reed copper mine
The board at HudBay Minerals (HBM-T, HBM-N) has agreed to develop the high-grade, near-surface Reed copper deposit in Manitoba into a mine. Production of copper in concentrate is expected to average 17,000 tonnes per year over the five-year…
Lundin completes Semblana resource
Lundin Mining (LUN-T) discovered the Semblana copper deposit adjacent to its Neves-Corvo mine in Southern Portugal in September last year, and describes it on its website as the “first new massive-sulphide deposit discovery at Neves-Corvo in…
Trevali opens the Halfmile mine
Trevali Mining (tv-t) has kicked off the New Year by transitioning from a development-stage company to a producer by starting up the Halfmile polymetallic massive sulphide project near Bathurst, N.B.
First Quantum to sell its DRC assets
First Quantum Minerals (FM-T, FQM-L) is putting an end to its troubles in the Democratic Republic of the Congo (DRC) by agreeing to sell its DRC assets and drop any related legal claims for US$1.25 billion.