Aguablanca getting bigger for Lundin
Lundin Minings (LUN-T, LMC-N, LUMI-O) late summer acquisition of Rio Narcea and its Aguablanca project in southern…
Copper
Ironing out possible mega merger
Spurned by the board of Rio Tinto (RTP-N, RIO-L, RIO-A) in a friendly approach, BHP Billiton (BHP-N, BLT-L, BHP-A) has made its proposal for a US$138-billion all-share bid public in an attempt to brin…
Mongolia’s minefield
Ulaanbaatar, Mongolia — Mining executives at the recent Discover Mongolia 2007 Conference spoke out strongly against controversial mining laws they claim are strangling mine development and urged the…
Scorpio finds promising zone
The Nuestra Senora polymetallic deposit in Sinaloa state, Mexico, continues to shape up as an underground mine-to-be for Scorpio Mining (SPM-T, SMNPF-O).
VMS raises $19.5M for Reed Lake
Vancouver — The first drill results from the Reed Lake copper-zinc discovery made waves in the market in recent weeks. Now VMS Ventures (VMS-V, VMSTF-O) has raised $19.5 million to fund continued exp…
Benton, Teck set drill targets
Benton Resources (BTC-V, BNRJF-O) has assayed the last of 324 grab samples taken this summer from its Kingurutik Lake copper-nickel-cobalt property in Labrador, confirming mineralization in numerous z…
Dome Lemieux nothing if not complicated
SITE VISIT Sainte-Anne-des-Monts, Que. — “Are we sitting on a magmatic deposit?” asks an investor on a recent tour of Threegold Resources’ (THG-V, TRLDF-O) Dome Lemieux project, as he joins…
Los Andes studies Las Vizcachitas
SITE VISIT Santiago, Chile — Vancouver-based Los Andes Copper (LA-V, LSANF-O) plans to begin a prefeasibility study at its Las Vizcachitas copper project in central Chile by the middle of…
Katanga and Nikanor to form African copper giant
Katanga Mining (KAT-T, KATFF-O) and Nikanor (nkr-l) are planning a merger that would create Africa’s biggest copper producer and become the world’s biggest cobalt producer by 2011.
Callinan questions HudBay
HudBay Minerals (HBM-T, HBMFF-O) is keeping tight-lipped about the first payment made to Callinan Mines (CAA-V, CCNMF-O) for a net profits interest (NPI) and royalty agreement that is being disputed i…
Empire now a mining company, eyes Turkish copper
Vancouver-based capital pool company Empire Mining (EPC-V) has completed the qualifying transaction it first announced in mid-September, with Global Securities acting as sponsor.
Silver Wheaton grabs interest in Mines Management (November 19, 2007)
Vancouver — Silver Wheaton (SLW-T, SLW-N) is dipping into the silver deposit basket again, this time pulling out an 11% interest in Mines Management (MGT-T, MGN-X) for a purchase price of US$10 milli…