First Quantum unveils US$1.4B equity raise
First Quantum Minerals (TSX: FM; US-OTC: FQVLF) plans to raise US$1.4 billion through a public offering — increasing the company’s outstanding shares to 689 million.
News
Sabina focuses on optionality at Back River
A feasibility study for Sabina Gold & Silver’s (TSX: SBB; US-OTC: SGSVF) Back River gold project in Nunavut shows the project could be a large, low-cost producer that could be scaled down in order to lower capital requirements.
China’s Zijin Mining buys into Barrick, Ivanhoe assets
Just a week after Vale (NYSE: VALE) unveiled a memorandum of understanding with one of China’s largest commercial banks for financing arrangements worth up to US$4 billion, Zijin Mining Group of southern Fujian province has agreed to…
Peru enforces state of emergency to stop mining protests
The Peruvian government recently declared a state of emergency in southern Peru, after ongoing protests against Southern Copper’s (NYSE: SCCO) Tia Maria copper project caused a fourth fatality.
Sherritt brings discipline to the business
At its annual general meeting on May 12 in Toronto, Sherritt International (TSX: S; US-OTC: SHERF) chairman Harold (Hap) Stephen dismissed a disgruntled shareholder’s criticism about the nickel producer’s languishing share price and…
Suppliers news: With new owner ESG Solutions set to expand, focus on R&D
Since acquiring ESG Solutions in December 2014, Spectris (US-OTC: SEPJF; LSE: SXS) is overseeing its new division’s expansion plans in the mining and geotechnical space, and ESG has boosted its research and development (R&D) and…
Suppliers news: Fasken Martineau named mining law firm of the year
Fasken Martineau has earned this year’s Global Mining Law Firm of the Year Award by law firm researcher Who’s Who Legal. The honour represents the seventh time the firm has gotten the distinction in the area of mining.
Atico Mining’s confidence in El Roble grows
Atico Mining’s (TSXV: ATY; US-OTC: ATCMF) El Roble underground mine is the only copper-gold volcanogenic massive sulphide (VMS) deposit in production today in Colombia and the Vancouver-based junior producer is becoming more confident by…
Hudbay hits commercial production at Constancia
Hudbay Minerals (TSX: HBM; NYSE: HBM) has stayed on course with its ambitious growth plans over the last five years, bringing online three new mines, with the latest being the large Constancia copper-molybdenum-gold-silver mine in Peru.
Southern Copper rejects bribery accusations
In the latest drama unfolding at Southern Copper’s (NYSE: SCCO) embattled Tia Maria project in Peru, the company has dismissed allegations that a lawyer, who used to work for the company, tried to bribe protestors on behalf of the company.
Cordoba entices Friedland’s HPX to explore Colombia
VANCOUVER — It’s been over a year since Mario Stifano, president and CEO of Cordoba Minerals (TSXV: CDB; US-OTC: CDBMF) shared an elevator with international financer Robert Friedland and sparked the billionaire’s interest in…
Focus Ventures keeps busy at Bayovar 12 in Peru
Focus Ventures (TSXV: FCV) has made progress in a short time at its Bayovar 12 phosphate project in northern Peru — but it wasn’t always focused on phosphate.