Kipoi nears production
Tiger Resources (TGS-T, TGS-A) says commercial production will begin in April at its Kipoi copper project in the Democratic Republic of the Congo.
Copper
Mediterranean shareholders force management shake-up
Dissident shareholders of Turkey-focused gold explorer Mediterranean Resources (MNR-T) appear to have forced the resignation of the company’s president and CEO, Peter Guest, aged 73. Newly appointed director Christopher Ecclestone of New York…
Zambian smelting shortfall a concern, Lundin says
When Phil Wright recently lashed out against Equinox Minerals’ (EQN-T, EQN-A) hostile takeover bid for Lundin Mining (LUN-T) in a conference call, the chief executive cited the shortage of Zambian smelting capacity as yet another project risk…
Tirex roars to life on Albanian mining deal (April 04, 2011)
Tirex Resources (TXX-V) has taken a big step towards production at its Mirdita volcanogenic massive sulphide project in Albania after signing a memorandum of understanding with a private Turkish firm to finance development in exchange for a…
HudBay and VMS find high grade copper in Manitoba
HudBay Minerals (HBM-T, HBM-N) and VMS Ventures (VMS-V) have a high grade copper project on their hands right in the safe confines of Manitoba. The companies released a resource estimate at the Reed Lake polymetallic deposit near Snow Lake that…
Australian rich-list member invests heavily in New Mexico copper deal
Vancouver – Having spent the last two decades making a A$338-million fortune providing accommodation to mining companies, Australia’s Kevin Maloney has now decided to try his hand at the real thing. In March, he invested $10.2 million in…
El Morro’s EIA gets the green light (March 28, 2011)
Chilean authorities have approved El Morro’s environmental impact assessment, joint-venture partners Goldcorp (G-T, GG-N) and New Gold (NGD-T, NGD-X), report.
Lima connections help Dia Bras acquire Yauricocha mine
Using the contacts of director Alberto Arias, a former Goldman Sachs (GS-N) analyst turned resource investor with a well-connected mining family in Peru, Dia Bras Exploration (DIB-V) has penned a US$310.2-million deal to acquire Sociedad Minera…
Yellowhead reviving B.C. copper project (March 28, 2011)
Recently listed Yellowhead Mining (YMI-V) is resurrecting the Harper Creek copper project in central British Columbia, building on a deposit that was discovered over 40 years ago.
Zambian smelting capacity a concern, Lundin says
When Phil Wright lashed out against Equinox Minerals’ (EQN-T, EQN-A) hostile takeover bid for Lundin Mining (LUN-T) in a conference call earlier this week, the chief executive cited the shortage of Zambian smelting capacity as yet another…
Tirex roars to life on Albanian mining deal (March 24, 2011)
Vancouver – Tirex resources (TXX-V) has taken a big step towards production at its polymetallic Merdita project in Albania after signing a memorandum of understanding with a private Turkish firm to finance development in exchange for a stake…
Sandspring makes plans for Guyana gold-copper mine
Vancouver – Sandspring Resources (ssp-v) envisions annual production from its Toroparu project in Guyana of 310,000 oz. gold and 29 million lbs. copper in the first four years of operations, provided it can first raise the $617 million needed…