Trafigura deal gives Mawson the money to complete Kapula

Source: Daily News | 2014-04-18
VANCOUVER – An offtake agreement with a US$50-million prepayment has given Mawson West (TSX: MWE) the funds it needs to finish building its Kapulo mine in the Democratic Republic of Congo.

Royal Nickel buys 25% of Sudbury Platinum for $1.5M

Source: Daily News | 2014-04-17
Toronto-based explorer Royal Nickel (TSX: RNX) has seen its shares climb more than 50% in the past week, after providing the market an upbeat outlook on nickel prices and announcing that it has acquired a minority interest in a private company...

Augusta's Clausen on Hudbay bid, other suitors 

Source: Print Archives | 2014-04-16
Nine interested parties — including a number of “significant industry players” — have signed confidentiality agreements to review the Rosemont copper project in Arizona, Augusta Resource (TSX: AZC; NYSE-MKT: AZC) says.

Turquoise Hill, Rio Tinto expect a delay in Oyu Tolgoi's financing  

Source: Print Archives | 2014-04-16
Turquoise Hill Resources’ (TSX: TRQ; NYSE: TRQ) CEO Kay Priestly says “good progress continues to be made” with the Mongolian government to resolve outstanding shareholder issues at the company’s 66%-held Oyu Tolgoi...

Copper production surplus expected for2014-15: ICSG 

Source: Print Archives | 2014-04-16
The following copper market forecast for 2014 and 2015 was released by the Lisbon-based International Copper Study Group (ICSG). For more information on the ICSG, visit


Source: Print Archives | 2014-04-16
The story “NovaCopper boosts resources at Bornite” (T.N.M., March 31–April 6/14) incorrectly stated the inferred contained copper figures for both the in-pit and below-pit estimates at Bornite, which were stated in millions...

Copper Mountain up 11% on record Q1 production  

Source: Print Archives | 2014-04-16
Vancouver-based Copper Mountain Mining (TSX: CUM) saw its shares climb after revealing record first-quarter copper production at its 75%-held Copper Mountain mine near Princeton, B.C.

Copper One picks up Troilus from First Quantum 

Source: Print Archives | 2014-04-16
VANCOUVER — Stan Bharti and his merchant banking team at Toronto-based Forbes & Manhattan appear to be on the lookout for past-producing copper assets. Roughly six months after grabbing a major share position in junior Kombat...

Chinese consortium buys Las Bambas 

Source: Print Archives | 2014-04-16
A Chinese consortium led by MMG, an arm of state-owned China Minmetals Group, is buying Glencore Xstrata’s (LSE: GLEN) enormous Las Bambas copper project in Peru for US$5.85 billion in cash.

TSX dips, April 7-11  

Source: Print Archives | 2014-04-16
The S&P/TSX Composite Index fell 135.41 points during the trading week to close at 14,257.69. The S&P/TSX Capped Diversified Metals & Mining Index jumped 12.55 points to 814.81. The S&P/TSX Global Gold Index slipped 1.07 points...