2012

Anglo grabs a stake in Mozambique coal boom

Mining-giant Anglo American (AAL-L, AAUKY-O) looks to have finally secured a slice of the frenzied coal-mining push in the southern Tete province of Mozambique. Anglo had been exploring acquisition options in the area in a bid to lock down a…


NovaCopper hits the ground running in Alaska

Newly minted NovaCopper (NCQ-T, NCQ-X) has grand ambitions for its Upper Kobuk project in Alaska’s prolific Ambler mining district, and the company is off to a quick start with a US$16.5-million exploration program and an inaugural…


Machinery moving material at Augusta Resource's Rosemont copper project near Tucson, Arizona. Photo by Augusta Resource

Rosemont will cost more, Augusta says

Shares of Augusta Resource (AZC-T, AZC-X) closed 7.8% lower at $1.66 per share following an updated feasibility study release that estimated higher capital and operating costs for its Rosemont copper project near Tucson, Ariz.Total initial…


Dalradian spikes on Northern Ireland gold project economics

Europe continues to present new mining opportunities as countries grapple with the lingering financial crisis, and Dalradian Resources (DNA-T) sees potential in Northern Ireland.The company, which has focused on its mesothermal Curraghinalt…


Nautilus fighting to stay on course

VANCOUVER — Starting the world’s first seabed mining operation was never going to be simple, but for Nautilus Minerals (NUS-T), the challenges have been multiplying.


Miners endorse CN Rail plan for Labrador Trough

VANCOUVER — In the grand scheme of things Canada isn’t known as a great power in the iron ore business, but a group of forward-thinking mining companies have come together with the Canadian National Railway (CNR-T, CNI-N) to explore…


Sabina Gold makes progress in Nunavut

Drill results from Sabina Gold & Silver’s (SBB-T) Back River project in southwestern Nunavut about 520 km northeast of Yellowknife and 50 km southeast of Xstrata Zinc Canada’s Hackett River silver-zinc project, demonstrate the…


Cobriza on the copper trail in Peru

The final results from Cobriza Metals (CZA-T) first drill campaign at its Arikepay project in Peru are in and they continue to indicate that the company is on to a large porphyry system.


Unigold extends Candelones extension

VANCOUVER — Unigold (UGD-V) has released more results from its now closely-followed drill program at the Candelones project on the western edge of the Dominican Republic.



HudBay inks deal with Silver Wheaton

Construction of the $1.5 billion Constancia copper mine in southern Peru is a go and HudBay Minerals (HBM-T, HBM-N) has signed a streaming agreement with Silver Wheaton (SLW-T) to help foot the bill.


Northern Tiger reawakens Sleeping Giant

VANCOUVER — Northern Tiger Resources (NTR-V) has renewed interest in the Sleeping Giant zone at 3Ace project in southeast Yukon with some encouraging sampling results.


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