Sudden gold for Explorator
Gold grades reaching into the double and triple digits at the El Espino-Venus copper-gold project in Chile have pro…
Copper
An early Eritrean Christmas for Nevsun
Nevsun Resources’ (NSU-T, NSU-X) latest deal with Eritrean government has it firmly on the road towards building th…
Anglo American CEO sees ‘solid’ metals outlook in ’08
Beijing, China–In her keynote speech at the recent China Mining Conference here, Anglo American (AAUK-Q, AAL-L) chief executive Cynthia Carroll highlighted key trends — and concerns — in the mining…
Copper-hungry Sherwood taking over Western Keltic (December 10, 2007)
Vancouver — Fresh off the success of its newly opened and already growing Minto mine, Sherwood Copper (SWC-V, SWOPF-O) has launched a friendly takeover bid for Western Keltic Mines (WKM-V, WLKTF-O) i…
Copper dubbed ‘one-trick pony’ in 2008 forecast
In their report on copper and zinc prices, Scotia Capital analysts Onno Rutten and Lawrence Smith upped their copper price forecast by 35% to US$3.25 per lb., but turned bearish on zinc.
Editorial: Galore Creek blues
The week ended Nov. 30, the 48th week of 2007, saw British Columbia’s mining sector rattled by bombshell news that NovaGold Resources and Teck Cominco are mothballing development of their Galore Creek…
First Quantum acquires 17.2% of Equinox
First Quantum Minerals (FM-T, FQM-L) is quietly buying up shares of fellow copper miner Equinox Minerals (EQN-T, EQ…
Constellation Copper stops mining at Lisbon
The troubled Lisbon Valley copper project in southeastern Utah will shut down mining in early 2008, converting to a…
Positive feasibility study for Inca Pacific’s Magistral (December 03, 2007)
Vancouver – The feasibility study for Inca Pacific’s (IPR-V) Magistral copper-molybdenum project in Peru has showed…
Sun sets on Galore…for now
Vancouver — Just six months after NovaGold Resources (NG-T, NG-X) brought on Teck Cominco (TCK.B-T, TCK-N) as a partner to build a mine at its Galore Creek copper-gold deposit in northwestern B.C., t…
Resource security high on China’s agenda
As the world’s largest consumer of mineral raw materials, it’s no surprise that China’s mining companies are following their international peers and starting to hunt for resources overseas.
Pure Nickel, Crowflight team up for Manibridge (December 03, 2007)
Pure Nickel (NIC-T, PNCKF-O) and Crowflight Minerals (CML-V, CMLGF-O) will be combining interests on the Manibridge nickel property southwest of Wabowden, Man., a Pure Nickel property surrounded by Cr…