New resource for Amulsar as Lydian pushes towards production
VANCOUVER — Lydian International (LYD-T) is on the move in Armenia, as it advances its Amulsar gold project towards production.
Europe
Finland is the No. 1 spot for mining: Fraser Institute
Finland has taken the heavyweight title as the world’s best mining jurisdiction, fending off last year’s winner, New Brunswick, which slipped to fourth behind Sweden and Alberta, the Fraser Institute reports in its annual mining…
Colt gets mining licences for its tungsten, gold projects
Montreal-based explorer Colt Resources (GTP-V) tumbled to a 52-week low after announcing it received two experimental mining licences that allowed it to advance its tungsten and gold exploration projects in Portugal. It likely wasn’t the…
Colt gets mining licences for its tungsten, gold projects
Montreal-based explorer Colt Resources (GTP-V) tumbled to a new 52-week low after announcing it received two experimental mining licenses allowing it to advance its tungsten and gold exploration projects in Portugal, likely not the…
Inmet boosts copper reserves as First Quantum bid looms
VANCOUVER — As its future hangs in the balance, Canadian base metals producer Inmet Mining (IMN-T) continued to increase its value via a global resource update on Feb. 11, which was highlighted by a 22% jump in proven and probable copper…
Dalradian finds gold in Northern Ireland’s hills
Focusing its exploration efforts in an established, low-risk mining jurisdiction is paying off for Toronto-based Dalradian Resources (DNA-T). The company has already outlined a multi-million ounce gold resource at its Curraghinalt deposit, 120…
Dalradian finds gold in Ireland’s green hills
VANCOUVER — Focusing exploration efforts in established, low-risk mining jurisdictions is paying off for Toronto-based Dalradian Resources (DNA-T). The company has already outlined a multi-million ounce gold resource 120 km west of…
Rio Tinto pays a steep price for Alcan blunder
VANCOUVER — London-based mining giant Rio Tinto (RIO-N, RIO-L, RIO-A) continues to be haunted by the ghosts of past acquisitions, with the largest culprit being its US$38-billion takeover of Montreal-based aluminum leader Alcan in 2007.
Turkish delight continues for Pilot Gold
VANCOUVER – A high-grade gold zone is emerging at the north end of Pilot Gold’s (PLG-V) TV Tower project in Turkey, complete with drill intervals that regularly contain visible gold.
EMED perseveres at Rio Tinto in Spain
The Rio Tinto copper mine in southwest Spain has been mined for thousands of years, and modernizing it might be a challenge.
EMED perseveres at Rio Tinto
Mining has been going on at the Rio Tinto copper mine in Spain for thousands of years, but that doesn’t mean molding it into its most modern incarnation is an easy task.
First Quantum offers $5.1B in sweetened bid for Inmet
First Quantum Minerals (FM-T, FQM-L) has stepped up its game for Inmet Mining (IMN-T) with a hostile $5.1-billion takeover offer in hopes of winning over Inmet shareholders after failing twice to entice the company’s board in recent…