More Alaskan high grade for NovaCopper
Since NovaCopper (NCQ-T, NCQ-X) started drilling the South Reef zone on its Bornite concession in northwestern Alaska this year, 16 of the 19 holes returned high-grade copper — a success rate of 84%.
Copper
Finland’s next one?
Taranis Resources (TRO-V) thinks it’s about time a junior mining company hit the big time in northern Finland’s world-class Kittila copper-gold district.
Thompson Creek slumps, but Mt. Milligan still on track
Thompson Creek Metals (TCM-T, TC-N) sinks deeper into the red as it continues to build the $1.5-billion Mount Milligan copper-gold mine in central B.C., posting a third-quarter net loss of US$48.2 million, or US29¢ a share, compared…
Taseko hedges its bets
In mid-September, Taseko Mines (TKO-T, TGB-X) made a second attempt at permitting its US$1.1 billion New Prosperity copper-gold project in British Columbia, submitting a revamped environmental impact statement with a US$300 million plan to…
Turquoise Hill secures power for Oyu Tolgoi
Turquoise Hill Resources (TRQ-T, TRQ-N) rose more than 11% after announcing it has finalized the much anticipated power purchase agreement (PPA) for its Oyu Tolgoi copper-gold mine in Mongolia’s South Gobi desert.
Hana’s Banana on the block
Hana Mining (HMG-V) may be recouping some recent losses for its shareholders thanks to, well, one of its shareholders.
Inmet, Petaquilla’s tug-of-war continues
In what’s become an increasingly frosty relationship, Canadian-based companies Inmet Mining (IMN-T) and Petaquilla Minerals (PTQ-T) continue to squabble over a takeover bid that would see the larger Inmet absorb Petaquilla, which runs the…
Teck wobbles in third quarter
Teck Resources (TCK-T, TCK-N) produced a record 99,000 tonnes of copper in the third quarter, up 29% year-on-year, but lower commodity prices and sale volumes for its steelmaking coal sent the miner’s adjusted net earnings down to $349…
Amerigo happy to live in Codelco’s shadow
Amerigo Resources (ARG-T), which continues to produce copper and molybdenum from the tailings of Codelco’s 108-year-old El Teniente mine in Chile, saw its shares rise after solid third-quarter production results.
More Alaskan high-grade for NovaCopper
Since NovaCopper (NCQ-T, NCQ-X) started drilling the South Reef Zone on its Bornite concession in northwestern Alaska this year, sixteen of the nineteen holes returned high-grade copper — a success rate of 84%.
Tirex scores ground-breaking Albanian mine permits
VANCOUVER — Vancouver-based explorer Tirex Resources (TXX-V) is set to make history in the small Balkan nation of Albania. On Oct. 29, Tirex succeeded in acquiring 25-year mining licenses that encompass six past-producing deposits in…
Miners give back in Toronto and Mali