Copper

Rio Alto secures $50M financing

Rio Alto Mining (rio-v) is raising $50 million in a private placement to fund its La Arena copper-gold project 480 km northwest of Lima in Peru.A syndicate of underwriters led by GMP Securities and including Scotia Capital, Clarus Securities…


Inmet, Lundin to merge

The proposed merger of Inmet Mining (imn-t, iemf-o) and Lundin Mining (lun-t), which both companies describe as a “merger of equals,” would create a large base-metal producer in Canada that would replace the likes of those that Canada has lost…



Geo Minerals, Inmet drill Arizona porphyry copper targets

Joint-venture partners Geo Minerals (gm-t) and Inmet Mining (imn-t) have resumed drilling on a copper porphyry target at the Middle Mountain property in south-central Arizona.At least two reverse circulation (RC) holes are planned to test for…


Northgate eyes Kemess North’s underground potential

After 12 years of profitable operation, Northgate Minerals’ (ngx-t, nxg-x) Kemess South gold-copper mine in north-central British Columbia is shutting down.The large-scale open-pit mine will cease operating in February after ore reserves have…


Tarsis gets new porphyry prospect in Yukon

If you ask Marc Blythe, president and chief executive of Tarsis Resources (tcc-v), there aren’t many companies like his that are looking for new projects in the Yukon. “There are probably only one or two publicly listed companies looking for…


Silver Quest grabs the Bouvette property

Investors snapped to attention when drilling at the Tiger zone in the middle of Atac Resources’ (atc-v) Rau gold property in the Yukon started yielding intercepts of 38.8 metres of 17.1 grams gold per tonne from 33 metres depth, 32.6 metres…


Taseko shrugs (January 24, 2011)

Taseko Mines (tko-t, tgb-x) may have been knocked down by the Canadian government’s ruling against its proposed Prosperity gold-copper mine in B.C., but that doesn’t mean the company has been knocked out.The government turned down the project…





Rockgate boots grade and tonnage at Falea

Vancouver – Rockgate Capital (RGT-T) has significantly boosted the size and grade of the uranium and silver resource in its Falea project in southwest Mali with a resource update. 


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