Oyu Tolgoi Agreement Makes Headway In Mongolia
Ivanhoe Mines (IVN-T, IVN-Q) says that Mongolia’s cabinet has completed its second review of the draft investment agreement for the massive Oyu Tolgoi project and has said it will present the draft to…
Copper
Redcorp Files For Creditor Protection
VANCOUVER — Redcorp Ventures( RDV-T, RDFVF-O) has filed for creditor protection, a few weeks after suspending development work at its Tulsequah Chief polymetallic mine in northern British Columbia in…
Zambia wants Glencore to cough up two assets
The government of Zambia isn’t taking the consequences of falling metal prices lying down.
First Quantum earns US$45.9 million in 2008
Vancouver – Despite record copper production First Quantum Minerals (FM-T) managed to earn just US$45.9 million in …
Good grades can’t lift Hana
The latest results from Hana Mining’s (HMG-V) Ghanzi copper and silver project in Botswana returned high grades, bu…
Lines Are Drawn In Battle For HudBay
VANCOUVER — After spending $460 million to acquire a nickel project that’s since been shelved and then attempting to take over Lundin Mining (LUN-T, LMC-N) in a deal that shareholders resoundingly re…
Copper Fox and Lions Gate Metals consider merger
Vancouver – Copper Fox Metals (CUU-V) and Lions Gate Metals (LGM-V) have signed a letter of intent to merge …
Yemen seeks to gain its share of the mining spotlight
Exploration companies looking for the next big find have seldom thought to look in the Middle Eastern country of Ye…
Redcorp enters creditor protection as Tulsequah costs escalate
Vancouver – Redcorp Ventures (RDV-T) has filed for creditor protection, a few weeks after suspending development …
$96 million writedown strikes Quadra
Vancouver – Painful pricing adjustments and a hefty writedown have claimed another victim in Quadra Mining (QUA-T…
New Gold to merge with Western Goldfields
New Gold (NGD-T) and Western Goldfields (WGI-T) are joining forces to create a diversified gold production base fro…
Mongolia’s cabinet endorses in principle Oyu Tolgoi draft agreement
Shares of Ivanhoe Mines (IVN-T, IVN-q) rose 2% or 11¢ to $5.99 apiece in mid-morning trading following news th…