Taseko posts Q1 profits, new mine plan
Taseko Mines (TKO-T, TGB-X) saw higher first-quarter profits compared to last year, but still fell below the market’s expectations.
Copper
Intrepid’s Tujuh Bukit unaffected by recent fire
Intrepid Mines (iau-t, iau-a) says a group of illegal miners recently set a small fly camp and drill rig on fire at a target on its prized Tujuh Bukit sulphide gold-copper project in East Java, Indonesia.
Mukuba Resources options land next to Tenke-Fungurume
At just 19.5¢ a share and with about 57.4 million shares outstanding, Mukuba Resources (MKU-V) may have slipped under the radar screen of many investors. But a recent option and joint-venture agreement on a tenement adjacent to the…
First Quantum contemplates Zambian smelter
With concerns mounting about Zambia’s smelting capacity, First Quantum Minerals (FM-T, FQM-L) is evaluating whether the time has come to build and operate a copper smelter. A decision will be made before the end of the year.
Augusta moves closer to decision on Rosemont Copper
The preliminary draft Environment Impact Statement on Augusta Resource’s (AZC-T, AZC-X) Rosemont Copper project near Tucson, Ariz., has been delivered by the Coronado National Forest to Arizona State and local cooperating agencies, bringing it…
Inmet’s Balboa discovery excites the market
A high-grade intercept of 124 metres, grading 2.32% copper and 2.28 grams gold per tonne in the Balboa zone at Inmet Mining’s (IMN-T) Cobre Panama project, makes Balboa a “contender,” writes UBS Investment Research associate analyst Matt Murphy…
Orvana gets its gold-copper mine rolling in Spain
Orvana Minerals (ORV-T) got its El Valle-Boinas/Carles gold-copper mine and plant in northern Spain off the ground on May 31, and expects a first shipment in June.
Low-profile shell jumps 510% on investment by big-name investor
A low-profile shell named Drexel Resources (DX-V) has attracted the interest of goldbugs and investors after it announced North Vancouver mining man Mark O’Dea intends on buying 10.7 million shares in a 24-million-share private placement for a…
Themac starts drilling New Mexico copper project
Newly minted copper explorer Themac Resources Group (MAC-V) has started an 18,000-metre drill program at its Copper Flat project, located 50 km southwest of Truth or Consequences, New Mexico.
Trevali on the path to production
In the last few months Trevali Mining Corp. (tv-t) expanded its resource base, changed its name, closed a $10-million financing, and listed on the Lima Stock Exchange. Now, it’s working to get two mines into production over the next 12 months.
Barclays still bullish on copper
Copper prices could move lower before they go higher, but Barclays Capital says it believes we have not yet seen the highs for this year.
Reko Diq inches closer to a licence
A mining licence dispute for the sizable Reko Diq copper-gold project in Pakistan’s southwest Balochistan province potentially nears its end, after much uncertainty.