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BHP boosts copper resources at Spence
Resources at BHP Billiton’s (BHP-N) Spence copper mine in northern Chile has grown by nearly 700%, following a four-year, US$30-million brownfield exploration program.
Northern Freegold’s first resource for Revenue finds 3.7M gold equivalent oz.
Northern Freegold Resources (NFR-V) has added significantly to the overall resource at its Freegold Mountain project in Yukon thanks to an initial resource on its Revenue deposit.
Credit crunch no problem for Quartermain’s Pretium
Robert Quartermain’s Pretium Resources (PVG-T, PVG-N) has started the new year with a bang, announcing plans on Jan. 19 to raise $18.5-million in flow-through funds at $18.50 a share. The bought-deal financing led by Salman Partners represents…
Iamgold sees capex rising
Iamgold (IMG-T, IAG-N) has reported production of 253,000 attributable gold oz. in the fourth quarter of 2011, the company’s best quarter of the year. Full-year production, including the company’s production from discontinued businesses, was…
Endeavour Mining set for West African growth following merger
Vancouver – Having just completed a merger with Adamus Resources in December, Australia-based Endeavour Mining (EDV-T, EVR-A) now has a two producing mines in West Africa with several advanced projects in the pipeline.
Still lots to learn around Tasiast
With Kinross Gold’s (K-T, KGC-N) Tasiast project generating some negative headlines lately – to say nothing of the negative momentum of its share price – investors may be thinking that the shine is off the Tasiast gold project and gold mining…
Canaccord brokers pile back into North Country Gold
At least 14 Canaccord Genuity brokers have picked up shares in Nunavut-focused gold explorer North Country Gold (NCG-V) in a recent private placement. North Country raised $12 million in late December by issuing 10.2 million flow-through shares…
Patience and perseverance set to pay-off for Axmin?
Trying to build a gold mine in a sub-Saharan African country that has never had a modern mine is never an easy task. But the process seems to have been particularly arduous on Axmin (AXM-V).
Copper market more balanced in 2013-14
Copper could see above-trend production increases in 2012, Bank of America Merrill Lynch maintains in a Jan. 24 report on base metals.
Sirius to raise 50M for U.K. potash project
London, U.K. — In northern England, the rolling hills and purple heather of the North Yorkshire Moors are more associated with tourism these days than with the area’s long-shut iron ore mines and blast furnaces. Where mining and industrial…
Premier Clark promises certainty, efficiency at AME BC luncheon
Vancouver – British Columbia Premier Christy Clark highlighted a reduced backlog and improved conditions for the mineral industry at today’s AME BC Roundup luncheon.