Commodity prices to bottom in 2009: banks
While TD Bank sees the commodities market starting to rebound in the second half of 2009, followed by more pronounc…
Copper
Exeter advances Caspiche and Cerro Moro
Copiapo, Chile — The road from the city of Copiapo to Exeter Resource’s (XRC-V, XRA-X) Caspiche gold-co…
PolyMet draws on debt to feed NorthMet
In tight credit markets it’s good to have deep pockets in your corner.
Scott Lake Delivering For Cogitore
Cogitore Resources (WOO-V) reported its best-ever zinc grades from recent drilling at Scott Lake, near Chibougamau, Que.
Mongolia Sends Positive Signal To Foreign Miners
Mongolia’s parliament has voted to set a February 2009 deadline for completing a long-awaited draft investment agreement for Ivanhoe Mines (IVN-T, IVN-n) and Rio Tinto’s (RTP-N, RIO-L) massive Oyu Tol…
Northern Dynasty, Anglo Update Pebble Resource
Vancouver — As Northern Dynasty Minerals (NDM-T, NAK-x) and Anglo American (AAUK-Q , AAL-l) move the Pebble copper-gold-molybdenum property in Alaska foward, the partners have released an updated res…
Nautilus delays seafloor mine development
The turmoil in the world markets has prompted Nautilus Minerals (NUS-T) to delay the construction of equipment for …
African Copper asks to quintuple outstanding shares to raise needed cash
Vancouver – A massive value writedown for its brand new Mowana copper mine in Botswana, depressed copper prices, an…
Katanga in distress
Speculation over the poor state of Katanga Mining’s (KAT-T) finances is over.
Taseko grows Gibraltar reserves
Vancouver – On the heels of a second expansion at the Gibraltar copper-molybdenum mine in central British Columbia,…
Aguila Showing Size Potential For Duran Ventures
Vancouver — Drilling efforts at the Aguila copper-molybdenum prospect in Ancash, Peru, are starting to define a sizable zone for owner Duran Ventures (DRV-V, DUVNF-O).
Seabridge Puts KSM’s Mine Life At 30 Yrs
Vancouver — A preliminary economic assessment has put a US$3.4- billion price tag on the Kerr-Sulphurets- Mitchell (KSM) gold project in northwest British Columbia, but the investment would buy a 30-…