More setbacks for First Quantum in the DRC
VANCOUVER — The situation in the Democratic Republic of the Congo (DRC) has gone from bad to worse for First Quantum (FM-T, FQM-L) after the country’s Supreme Court made a ruling that seemingly inval…
Copper
Fronteer rises on high-grade hits at Long Canyon and Sandman
Vancouver – A $20-million, five rig exploration program at the Long Canyon gold project in Nevada has quickl…
Peregrine pulls long, leachable copper hits at Altar
Vancouver – The Altar copper porphyry in Argentina is returning long mineralized intercepts as owner Peregri…
Wildfire forces Minto shutdown just as Capstone plans expansion
Vancouver – Capstone Mining (CS-T) has been forced to temporarily suspend operations at its Minto copper-gol…
Sunridge advances in Eritrea
SITE VISIT ASMARA, ERITREA — Six years and $30 million into its Eritrean exploration adventure, Sunridge Gold (SGC-V) has defined four deposits lying in an arc around the capital city Asmara that together host indicated resources containing…
Polish miner agrees to fund Abacus’s Afton-Ajax
Europe’s second largest copper producer KGHM Polska Miedz has agreed to fund up to 80% of Abacus Mining’s (AME-V) Afton-Ajax copper project near Kamloops, B.C., which could be the first of many new pr…
Nevada Copper hits deeper copper at Pumpkin (June 07, 2010)
VANCOUVER — Step-out drilling by Nevada Copper (NCU-T) at its Pumpkin Hollow copper project in Nevada has expanded mineralization at the extensively-explored property.
Xstrata pulls plug on investments in Australia
The backlash against Australia’s proposed Resource Super Profits Tax is starting to draw blood with Xstrata’s …
Copper Canyon’s new resource
Vancouver – Copper Canyon Resources (CPY-V) has released an updated resource estimate for the Copper Canyon pr…
Silver Standard completes prelim assessment of Snowfield
Silver Standard Resources (SSO-T, SSRI-Q) already has the largest published in-ground silver resource of all p…
US$322 million secured for Copper Mountain
Vancouver – International conglomerate Mitsubishi Materials has secured US$322 million in project financing fo…
Landen drills in Ivory Coast
Vancouver – Landen Capital (LAN-V) has hit good copper and nickel grades as part of polymetallic drill results…