Copper

Drillers at Unigold's Candelones target at its Neita gold project in the Dominican Republic. Photo by Unigold

The DR delivers for Goldquest and Unigold

Dominican Republic-focused explorers Goldquest ­Mining (GQC-V) and Unigold (UGD-V) both announced sizeable stepout gold-copper hits at their nearby properties in the northeast corner of the country near Haiti on July 18.For Goldquest, the…


[Update]Seabridge stays hopeful at Courageous Lake

A recent prefeasibility study (PFS) on Seabridge Gold’s (SEA-T, SA-X) Courageous Lake project in Canada’s far north suggests the project is viable at current gold prices, but notes more work can be done to lift prospects.


Teck falls with lower commodity prices

The global economic downturn is hitting Teck Resources (TCK.B-T, TCK-N). Canada’s biggest diversified miner is suffering from weaker coal and copper prices as the Chinese growth story loses steam.


Panoro’s Cotabambas project could be target

Christopher Chang of Laurentian Bank Securities believes Panoro Minerals’ (PML-V) Cotabambas project in Peru could become an acquisition target and has initiatied coverage of the junior with a buy rating and a one-year target price of…


[Update] Intrepid frustrated at Tujuh Bukit

VANCOUVER — Toronto-listed explorer Intrepid Mines (IAU-T) is the latest victim in an ongoing nationalization saga in the South Pacific. On June 28 an unknown entity seized control of its Indonesian joint-venture partner, Indo Multi Niaga…


Rosemont will cost more, Augusta says

Shares of Augusta Resource Corp. (AZC-T) closed 7.8% lower at $1.66 per share following the release of an updated feasibility study that estimates higher capital and operating costs for its Rosemont copper project near Tucson, Arizona.


Papua New Guinea scaring off miners

Aldridge Minerals (AGM-V) has added its name to a growing list of mining companies leaving or looking to leave Papua New Guinea (PNG).The company will abandon its Kili Teke gold-copper property in the country now that its licence renewal…


Search for sunken treasure intensifying

VANCOUVER — With big mineral deposits becoming harder to find and even harder to put into production thanks to social and political hurdles, a small but growing group of companies are looking to the sea floor as their next source of…




NovaCopper hits the ground running in Alaska

VANCOUVER — Newly-minted NovaCopper (NCQ-T, NCQ-X) has grand ambitions for its Upper Kobuk project in Alaska’s prolific Ambler mining district, and the company is off to a quick start with a US$16.5-million exploration program and…


Augusta boosts resource at Rosemont

Shares of Augusta Resource Corp. (AZC-T, AZC-N) rose 14.6% or 24¢ to $1.88 after the company released an updated resource estimate for its Rosemont copper project in Arizona. The company expects to issue a project update early next week on…


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