Freeport McMoRan a ‘buy’ for Citibank
Despite concerns that the government of the Democratic Republic of the Congo (DRC) will take more cash and a greater share of the massive Tenke Fungurume project, Freeport-McMoRan Copper & Gold’s …
Copper
NovaGold takes another run at Galore Creek
DENVER, COLO.–After halting construction of its Galore Creek copper and gold mine in British Columbia last November when estimated costs more than doubled to $5 billion, NovaGold Resources’ (NG-T, NG…
Tiger into high-grade Kipoi copper in DRC
Tiger Resources (TGS-T, TGS-A) has a firmer grasp of the economics of its copper-rich Kipoi deposit in the Democratic Republic of the Congo (DRC). Now it must wait to see how firm its grip is on the r…
Niblack defines resource at Alaskan VMS project (September 22, 2008)
VANCOUVER–With an exploration adit finally complete and underground drilling under way, Niblack Mining (NIB-V, NBLKF-O) released the first resource estimate for its namesake volcanogenic massive sulp…
Aura’s new Aranzazu mine shows its strength
Vancouver – Aura Minerals (ORA-T) bought the Aranzazu mine in Zacatecas state, Mexico, three months ago for $70 mil…
Sinchao hits another long intercept in Peru (September 18, 2008)
Vancouver – Long mineralized intercepts from Sinchao Metals’ (SMZ-V) namesake project in Peru seem to be becoming t…
FNX on target to bring LFD to production (September 17, 2008)
Vancouver – FNX Mining (FNX-T) has defined an initial resource for what will likely be the next production target a…
Western Copper’s Carmacks gets socio-environmental green light
Vancouver – As far as permitting goes, all Western Copper (WRN-T) needs now is a quartz mining license for its Carm…
Schaft Creek twice the price for Copper Fox (September 15, 2008)
Vancouver – Copper Fox Metals (CUU-V) has both upped the size and doubled the capital cost of its Schaft Creek, cop…
HudBay files resource on Lalor Lake
Lalor Lake has the potential to become HudBay Minerals’ (HBM-T, HBMFF-O) next mine in the Flin Flon greenstone belt of Manitoba, the company said in a statement announcing the first resource estimate …
Soho’s sunny results can’t thaw icy market
VANCOUVER — Like many other juniors, Soho Resources (SOH-V, SHRJF-O) continues to receive a chilly reaction from the market on the release of decent drill results.
Taca Taca cha-cha: Rio returns option to Lumina (September 15, 2008)
VANCOUVER — After drilling six holes, Rio Tinto (RTP-N, RIO-L) has taken a pass on Taca Taca, giving its option on the Argentinean property back to Lumina Copper (LCC-V, LCPRF-O). And this, as Lumina…