Liberty Gold triples TV Tower resource in Turkey
Liberty Gold (TSX: LGD; US-OTC: LGDTF) has released a new resource estimate for its majority-owned TV Tower project in Turkey, tripling the existing resource on a gold-equivalent basis compared with…
Copper
Mason PEA from Hudbay suggests potential to double copper output
A preliminary economic assessment (PEA) on Hudbay Minerals’ (TSX: HBM; NYSE: HBM) Mason porphyry copper project in Nevada outlines a large-scale open pit operation that could become the third-largest copper…
Arizona Metals raising $15M to triple Kay Mine drilling to 75,000 metres
Toronto-based Arizona Metals (TSXV: AMC; US-OTC: AZMCF) has entered into an agreement with a syndicate of underwriters, led by Stifel GMP and Clarus Securities, to raise $15 million. The funds…
QC Copper to buy 50% share in ‘strategic’ Roger project in Quebec
QC Copper and Gold (TSXV: QCCU; US-OTC: QCCUF) has signed a definitive agreement with Pasofino Gold (TSXV: VEIN; US-OTC: EFRGF) to add a 50% share of the Roger copper-gold project…
Red Chris resource from Newcrest confirms block cave potential
With a prefeasibility study expected for the Red Chris mine in B.C. by the end of September, Australia-based operator Newcrest (TSX: NCM; ASX: NCM) has released an updated resource for…
Equinox Gold to sell 10M Solaris shares
Growing gold miner Equinox Gold (TSX: EQX; NYSE: EQX) has announced that, in response to a request from Ecuador-focused explorer Solaris Resources (TSX: SLS), it has agreed to sell 10…
Copper Mountain announces US$250 million senior secured bond issue
Copper Mountain Mining (TSX: CMMC) has successfully priced US$250 million in senior secured bonds in the Nordic bond market. The five-year bonds, bearing interest at 8% per year, will mature…
Taseko Mines clears legal hurdles at Florence; advances copper projects
Taseko Mines (TSX: TKO; NYSE-AM: TGB; LSE: TKO) can move forward with its Florence copper in-situ project after the Arizona Court of Appeals ruled in its favour and rejected arguments…
Dundee extends Chelopech mine life to 2029
Dundee Precious Metals‘ (TSX: DPM) latest reserve update for its Chelopech gold-copper mine in Bulgaria has increased reserves by 10% and the mine life by two years to 2029. Total…
Ivanhoe working towards accelerating Phase 3 expansion at Kamoa-Kakula copper mine
The Canadian miner wants to accelerate the Phase 3 concentrator expansion from 7.6 million tonnes per annum to 11.4 million tonnes per annum.
Kaz Minerals bidders up takeover bid to $5.5 billion
A consortium led by Kaz’s chairman Oleg Novachuk has raised its offer for the miner by 9%.
Talon’s Tamarack could become the only high-grade nickel mine in the U.S., the company says
Within the next few years, Talon Metals’(TSX: TLO) Tamarack nickel-copper-cobalt project in Minnesota, 210 km north of Minneapolis and 89 km west of Duluth, could be the only source of high-grade…