Copper

Editorial: Once more into the breach

Source: Daily News | 2014-08-20
It was another week of major developments in the fast-moving story of Imperial Metals and the massive, 15-million-tonne tailings and waste-water breach at its Mount Polley copper–gold mine in central B.C.’s Cariboo region.

Price tag for Duluth's Twin Metals project nears US$3B

Source: Daily News | 2014-08-20
The release of a prefeasibility study estimating that its Twin Metals copper-nickel-platinum group metals joint-venture project in Minnesota will cost a hefty US$2.8 billion to build sent Duluth Metals (TSX: DM; USOTC: DULMF) shares tumbling by...

CBC Radio: TNM editor-in-chief talks Imperial Metals, Red Chris and Mount Polley

Source: Daily News | 2014-08-20
Northern Miner editor-in-chief John Cumming appeared Tuesday evening on CBC Radio British Columbia's drive-home show "On the Coast" with guest host Kirk Williams to talk about Imperial Metals, the Mount Polley spill, the Red Chris mine...

OceanaGold to optimize Didipio mine plan  

Source: Print Archives | 2014-08-20
OceanaGold’s (TSX: OGC; ASX: OGC) Didipio gold–copper mine  in the Philippines entered production in April 2013 and is on track this year to produce between 85,000 and 95,000 oz. gold and 21,000 to 24,000 tonnes copper, at...

Rio Tinto's profits improve as hard-won cost savings take hold  

Source: Print Archives | 2014-08-20
VANCOUVER — Cost cutting by the majors has been a painful necessity over the past few years, and Rio Tinto (NYSE: RIO; LSE: RIO) is no exception. But based on the results from the first half of 2014, the mega-miner’s focus on...

Mabilo drilling delivers strong results for RTG Mining 

Source: Print Archives | 2014-08-20
Drill results from RTG Mining’s (TSX: RTG) flagship Mabilo gold–copper project in the Philippines sent the company’s shares up 2.78% to $1.11 per share on Aug. 13, and another 24.32% to $1.38 on Aug. 14.

US stocks climb, Aug. 11-15  

Source: Print Archives | 2014-08-20
It was a good week for U.S. equities. The Dow Jones Industrial Average advanced 109 points to 16,662.91, while the broader S&P 500 Index jumped 23 points to 1,955.06. The tech-heavy Nasdaq Composite Index added 94 points to 4,464.93.

Tax dispute adds doubt to Oyu Tolgoi's UG expansion  

Source: Print Archives | 2014-08-20
Turquoise Hill Resources’ (TSX: TRQ; NYSE: TRQ) second-quarter results were overshadowed by a tax dispute with the Mongolian government, among other concerns, relating to its Oyu Tolgoi gold–copper mine in the country’s South...

Eric Roth's Aegean Metals sees upside in Turkey 

Source: Print Archives | 2014-08-20
VANCOUVER — It was a quiet couple of years for Eric Roth after Yamana Gold (TSX: YRI; NYSE: AUY) snapped up his Extorre Gold Mines and its Cerro Moro project in Argentina for US$400 million in mid-2012. But now as president...

BHP plans spinoff to focus on 'four pillars' 

Source: Print Archives | 2014-08-20
With a spinoff of its aluminum, manganese, nickel, silver and some of its non-core coal assets, BHP Billiton (LSE: BLT; ASX: BHP; NYSE: BHP) is  driving to simplify its portfolio.

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