Greenstone buys majority of Coro Mining’s latest financing
A private equity firm specializing in the mining and metals sector run by former executives of Xstrata and J.P. Morgan has bought most of the shares that Chile-focused Coro Mining…
First Quantum Minerals
Dynacor fires up Chala mill in Peru
Peru’s new president, Pedro Pablo Kuczynski, has said he will implement policies that favour investment in the mining sector and also plans to enhance and streamline the formalization process for…
Dynacor prepares for maiden resource at Tumipampa
Dynacor Gold Mines (TSX: DNG; US-OTC: DNGDF) is preparing to table the first-ever resource calculation at its Tumipampa gold-copper exploration project, 500 km southeast of Lima, Peru. Jean Martineau, Dynacor’s…
TSX moves higher, April 25-29
After posting a 0.6% gain in January, Canada’s gross domestic product shrank 0.1% in February, but still beat expectations of a 0.2% contraction, according to Bloomberg data. The U.S. Federal…
First Quantum sells Kevitsa to Boliden
VANCOUVER — Burdened with debt, First Quantum Minerals’ (TSX: FM) has struck a deal to sell its Kevitsa nickel mine in northern Finland to Swedish integrated miner Boliden AB (US-OTC: BDNNF). Kevitsa…
Inmet Ups Las Cruces Financing To $348M
Inmet Mining (IMN-T, IEMMF-O) plans to increase a US$300-million bought-deal financing to $348 million so it can pay off all debts related to building its Las Cruces open-pit copper mine in Spain.
Inmet and Petaquilla make nice
Inmet Mining has moved closer to its (IMN-T, IEMMF-O) dream of taking Petaquilla Copper (PTC-T, PTQLF-O) out of the picture at the Petaquilla copper project in Panama, by boosting its bid for the juni…