Demand won't be the hero in this commodity downturn

Source: Daily News | 2015-03-01
Commodities analyst Jessica Fung of BMO Capital Markets gave the keynote presentation at Red Cloud's fourth annual pre-PDAC Investor Showcase on Feb. 28 at the Fairmont Royal York Hotel. Fung outlined her views on the current market and what...

Imperial opens Red Chris in BC 

Source: Print Archives | 2015-02-25
VANCOUVER — Imperial Metals (TSX: III; US-OTC: IPMLF) celebrated the first production of copper concentrate on Feb. 17 at its newly built Red Chris copper-gold mine, 80 km south of Dease Lake in northwestern B.C.

Nevsun CEO sees next Flin Flon in Eritrea 

Source: Print Archives | 2015-02-25
VANCOUVER — It’s pretty evident to industry observers that producer Nevsun Resources (TSX: NSU; NYSE-MKT: NSU) is sitting on a veritable cash generator at its Bisha copper-gold operation, 150 km west of Asmara, Eritrea. The company...

Lateral thinking pays off for Ivanhoe at Kamoa 

Source: Print Archives | 2015-02-25
VANCOUVER — For the second time in just over a decade, Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) is taking home the Thayer Lindsley Award, presented by the Prospectors & Developers Association of Canada at their conference in Toronto in...

North American Nickel gears up for work at Maniitsoq 

Source: Print Archives | 2015-02-25
VANCOUVER — North American Nickel (TSX-V: NAN; US-OTC: WSCRF) is making headway advancing its Maniitsoq nickel-copper-cobalt-platinum group metals property on the coast of southwestern Greenland, 85 km north of the capital Nuuk.

Amarc's IKE project excites mine builder Robert Dickinson 

Source: Print Archives | 2015-02-25
When Canadian Mining Hall of Famer Robert Dickinson says he’s never been as enthusiastic about a project as he has been about Amarc Resources’ (TSXV: AHR; US-OTC: AXREF) porphyry copper-moly-silver IKE discovery in south-central...

Hudbay looks forward to big returns on investment in 2015 

Source: Print Archives | 2015-02-25
VANCOUVER — According to Hudbay Minerals (TSX: HBM; NYSE: HBM) president and CEO David Garofalo the past year marked a “turning point” for the company that will see roughly five years of expansion and capital investment...

Southern Copper's 2014 profit hit by lower copper prices  

Source: Print Archives | 2015-02-18
Southern Copper (NYSE: SCCO), controlled by Grupo Mexico, reported weak fourth quarter and full year 2014 earnings, largely due to a 7% drop in copper prices since 2013.

Aquila closes in on US$21M financing with Orion 

Source: Print Archives | 2015-02-11
If a proposed US$20.8-million capital injection from Orion Mine Finance goes ahead, Aquila Resources (TSX: AQA; US-OTC: AQARF) could get its Back Forty project — a zinc- and gold-rich volcanogenic massive sulphide deposit in...

Editorial: Where to next for copper? 

Source: Print Archives | 2015-02-11
One of the more sobering aspects of the New Year for miners was the rather swift tumble in copper prices, which blew through the long-standing US$3 per lb. support level to hit 6-year lows below US$2.50 per lb., with the spot price having...