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Stockpiling ore at First Quantum Minerals' Frontier copper mine in the Democratic Republic of the Congo. Full production at the project helped boost the company's output 31% from last years' fourth quarter.

First Quantum Earns US$45.9M In 2008

VANCOUVER — Despite record copper production First Quantum Minerals (FM-T, FQVLF-O) managed to earn just US$45.9 million in 2008 as the plunging copper price forced the company to take major investme…




Bigger Is Better For Juniors Magellan And Chapleau

Junior explorers Magellan Minerals (MNM-V, MAGNF-O) and Chapleau Resources (CHI-V, CHRRF-O) believe they’d be better off if they combined their exploration and development efforts in northern Brazil.


Capella Stock Soars On Lajitas Gold Intercept

Capella Resources (KPS-V) has intersected 105 metres of 1.59 gram gold per tonne in a drill hole on its Lajitas project in the Maricunga district of the Andes in northern Chile. The intercept starts a…



Silver Wheaton To Consolidate Grip On Industry

Silver Wheaton’s (SLW-T, SLW-N) proposed acquisition of Silverstone Resources (SST-V, SVRCF-O) will give it immediate production and cash flow from a number of low-cost mines in politically stable cou…



ABB To Supply Electrical Gear For Vale Plant

Power and automation supplier ABB (ABB-N) has signed a US$62- million deal with Vale (RIO-N) to supply electrical equipment to the company’s Oman Industrial Complex project, in the Middle Eastern coun…


Chinese Company To Buy Western Prospector

A Hong Kong-listed company with links to China National Nuclear Corp. — China’s former Ministry of Nuclear Industry, which built the country’s first atom bomb — wants to buy Western Prospector Group…


Temporary Shutdowns Planned For Diavik

To deal with a global drop in diamond demand, Rio Tinto (RTP-N, RIO-L) is planning two shutdowns at the Diavik mine in the Northwest Territories in the coming months, as well as further delays to the …


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