Mercator Minerals Ltd

The Mineral Park copper-molybdenum mine in Arizona. Credit: Mercator Minerals

Mercator on life support

Financially troubled producer Mercator Minerals (TSX: ML; US-OTC: MLKKF) has filed for protection from its creditors in Canada and the U.S.


TSX ends in negative territory, Aug. 5-8

The S&P/TSX Composite Index tumbled during the shortened trading week, losing nearly 19 points to 15,196.31. The S&P/TSX Capped Diversified Metals & Mining Index fell 15.57 points to 903.70. But gold miners stayed strong, with the…




Russian billionaire acquires Mercator

VANCOUVER — Struggling copper producer Mercator Minerals (TSX: ML) has reportedly been on the market since late September, and the company found a suitor in Intergeo MMC — a Russian-based resource company controlled by…


Mercator's Mineral Park copper-molybdenum-silver mine in northwestern Arizona. Source: Mercator Minerals

Mercator weighs its options

Mercator Minerals (TSX: ML; US-OTC: MLKKF) is delving into a strategic review that is considering any or all of the following: selling the company; a business combination; or selling all or part of its assets, in light of lower commodity…


Mercator lowers Mineral Park’s copper-moly reserves

Mercator Minerals (TSX: ML; US-OTC: MLKKF) has updated the resource and reserve estimate for its Mineral Park copper-molybdenum mine in Arizona, noting that while reserves have decreased, the open-pit operation still has a promising life ahead.



Mercator Minerals' Mineral Park copper-molybdenum mine in northwestern Arizona. Source: Mercator Minerals

Mercator eyes better days ahead

Mercator Minerals (ML-T) had a difficult year in 2012, but one that ended with improved operations and a stronger balance sheet, despite taking a US$119.8-million writedown on its El Creston molybdenum-copper project in Mexico’s Sonora…


Mercator takes US$120M writedown on El Creston

Mercator Minerals (ML-T) had a difficult year in 2012 but one that ended with improved operations and a stronger balance sheet, despite taking a US$119.8 million  write-down on its El Creston molybdenum-copper project in Mexico.  


Stacked up copper sheets ready to be transported. Source: CODELCO

A changing landscape for growing copper producers

VANCOUVER — With the US$5.1-billion hostile takeover of Toronto-based Inmet Mining (IMN-T) by large-cap peer First Quantum Minerals (FM-T, FQM-L) looking all but wrapped up, it seems an opportune time to take a look at the shifting…


Market news: Toronto Stock Exchange

Optimism that politicians south of the border would come to a resolution regarding the impending fiscal cliff helped hold up equities north of the border during the trading week. The S&P/TSX Composite Index increased 107 points for the…


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close