Intrepid Mines keeps expanding Tumpangpitu
For the third time in a little over a year, Australia-based Intrepid Mines (IAU-T, IAU-A) has added hundreds of millions of inferred tonnes at the Tujuh Bukit gold-copper project in Indonesia.
Copper
Lundin completes Semblana resource
Lundin Mining (LUN-T, LUMI-O) 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…
Xstrata to expand Canadian footprint through organic growth
London, U.K. – After a decade of expansion through M&A, diversified Swiss miner Xstrata (XTA-L) is turning to organic growth to provide its next generation of mines and to increase production through the expansion of others.
Thompson Creek raises $270M with gold stream sale
Vancouver -Thompson Creek Metals (TCM-T, TC-N) has pre-sold another chunk of future gold production from its Mt. Milligan project to Royal Gold (RGL-T, RGLD-Q) in the face of a softened molybdenum market and two projects under…
Regulus and Pachamama soar on Argentina drill results
A newly discovered high grade zone sent Regulus Resources (REG-V) and Pachamama Resources (PMA-V) shares flying on Thursday.
Tigray drills Terakimti prospect
Assay results from three drill holes at Tigray Resources (TIG-V) 70%-owned copper-gold-silver-zinc deposit in northern Ethiopia returned an intercept of 73.85 metres grading 3.77% copper, 1.31 grams gold per tonne, 14 grams silver per tonne and…
Lumina Copper moves higher on drill results
Shares of Lumina Copper (LCC-V) advanced 3.03% or 35¢ to close at $11.90 apiece yesterday following news of more drill results from its Taca Taca copper porphyry in Argentina.
Rambler delivers on Ming
Nearly seven years after Rambler Metals & Mining (RAB-V, RMM-L) took control of the past-producing Ming copper-gold mine on Newfoundland and Labrador’s Baie Verte Peninsula, the company has poured its first gold doré bar and shipped…
Afghanistan’s push to develop its mineral resources
As Western powers prepare to fully withdraw their troops from Afghanistan by the end of 2014, Afghanistan’s Minister of Mines, His Excellency Wahidullah Shahrani, is preparing for a very different kind of deployment.
Rio wins filing, Ivanhoe stock falls
While being on the hook for half of a roughly US$6 billion mine construction is hardly small potatoes it is a bargain compared to shouldering the entire cost load alone.
U.K. fraud office looks into Eurasian Natural Resources
London, U.K. – The Serious Fraud Office (SFO), an independent department of the British government that investigates and prosecutes serious or complex financial fraud and corruption, is looking into allegations of unlawful activity at Eurasian…
Mudslide helps Colombian Mines
A mudslide proved a blessing for Colombian Mines (CMJ-V) at its El Dovio polymetallic project in Colombia.