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Suppliers news: Thiess signs contract in Chile

Queensland, Australia-based contract miner Thiess has landed a A$137-million contract for work at Antofagasta’s Encuentro Oxides open-pit copper project under development in Chile.




Drillers at Dalradian Resources' Curraghinalt gold project in Northern Ireland.  Source: Dalradian Resources

Dalradian advances Curraghinalt amid low gold prices

Dalradian Resources (TSX: DNA) has published the results of  first 25 drill holes from its 2015 exploration program on its Curraghinalt gold project in Northern Ireland, confirming the project’s quartz veins carry high-grade gold…


Cut and polished rubies from Gemfields' 75%-owned Montepuez ruby project in Mozambique. Source: Gemfields

Gemfields unveils maiden ruby resource

It’s not every day a company in the mining sector say its project can deliver an internal rate of return (IRR) of more than 300%. But that’s what Gemfields (LSE: GEM) expects of its majority-owned Montepuez ruby deposit in…


First Quantum Minerals' Kansanshi copper mine in Zambia. Source: First Quantum Minerals

First Quantum’s Kansanshi gets mixed reviews

VANCOUVER — An updated technical report filed by First Quantum Minerals (TSX: FM; US-OTC: FQVLF) on its 80% owned Kansanshi copper operations, 10 km north of Solwezi, Zambia, sent analysts scrambling to lower target share prices for the…


Royal Road Minerals' Gomec gold property in western Turkey's Balikesir province. Source: Royal Road Minerals

Royal Road driven by results at Gomec in Turkey

VANCOUVER — It’s been almost a decade since Tim Coughlin, a co-founder of Lydian International, was part of the team that stumbled across the multi-million-ounce Amulsar gold deposit in southern Armenia. Now, as president and CEO of…


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