Nevsun pours first gold at Bisha (January 04, 2011)
Nevsun Resources (NSU-T, NSU-X) has poured its first gold on time and under budget at Bisha, Eritrea’s first modern-day mine, the company reported today.
Copper
Geologix keeps its simple at Tepal
TEPALCATEPEC, MEXICO — In early 2009 Geologix Explorations (GIX-T) found itself at a turning point. The company had just decided not to exercise its right to buy the San Agustin polymetallic project …
Rio Alto to raise $50 million for La Arena
Rio Alto Mining (RIO-V, RIOAF-O) is raising $50 million in a private placement to fund its La Arena copper-gold project, 480 km northwest of Lima in Peru.
Mines Management releases Montanore PEA
Vancouver – Mines Management (MGT-T) has outlined an economic mine plan for its Montanore silver-copper project but questions remain about getting the project permitted.
NovaGold makes run at Copper Canyon partner (December 22, 2010)
Just days before Christmas, NovaGold Resources (NG-T, NG-X) has surprised Copper Canyon Resources (CPY-V) by announcing plans to make an unsolicited takeover bid for the company and its 40% interest in the Copper Canyon copper-gold project in…
Copper is the consensus metal for 2011 (December 21, 2010)
When it comes to metals with the best fundamentals, the consensus moving into 2011 seems to be that copper wins hands down.
Duluth Metals puts puzzle together with Franconia acquisition
Vancouver – In a significant land consolidation, Duluth Metals (DM-T) has reached an agreement to acquire Franconia Minerals (FRA-T) in a $77 million deal.
New Loz Azules PEA lifts Minera Andes
Vancouver – Metal prices can make or break a project, and in the case of Minera Andes’ (MAI-T) Los Azules project a stronger copper price has dramatically increased the potential mine’s value.
Creston boosts NPV at El Creston (December 17, 2010)
Vancouver – A year of drilling and metallurgical work has given Creston Moly (CMS-V) a big bump in the net present value for its El Creston molybdenum deposit in Mexico.
Long copper-gold hit at Taysan for Crazy Horse (December 14, 2010)
Vancouver – Crazy Horse Resources (CZH-V) has intersected almost half a kilometer of mineralization in just its second hole at the Taysan copper-gold project in the Philippines.
Oyu Tolgoi back on track with Ivanhoe-Rio deal (December 09, 2010)
Vancouver – Ending a potentially nasty arbitration proceeding and ensuring full financing to complete development of one of the largest mines in the world, the Oyu Tolgoi partners have signed a deal that gives Ivanhoe Mines (IVN-T) access to as…
Ratel Gold looking to be a King-King maker
Vancouver – For the second time this year, the people behind CGA Mining (CGA-T, CGX-A) are spinning off African assets to concentrate on the Philippines.