Nevsun reports Q2 loss amidst Lundin takeover bid
Nevsun Resources (TSX: NSU; NYSE: NSU) reported a US$10.8 million loss in the second quarter of 2018, an US$11.3 million decline from the first quarter. Lower zinc prices and mined…
Copper
Aquila tables feasibility study for Back Forty in Michigan
Nearly two months after receiving its final environmental permit, Aquila Resources (TSX: AQA; US-OTC: AQARF) has tabled a positive feasibility study for its Back Forty polymetallic project, located 19 km…
Copper Mountain positioned for growth at flagship mine in BC
Copper Mountain Mining (TSX: CMMC; US-OTC: CPPMF) is wrapping up the second phase of a three-part exploration program at its New Ingerbelle copper property, 1 km west of its Copper…
TSX slips as gold stumbles, July 23-27
Canada’s benchmark index fell 0.25% to 16,393.95. The S&P/TSX Global Mining Index rose 0.98% to 72.68, while the S&P/TSX Global Gold Index fell 3.58% to 182.08. The gold price fell…
Renewable energy to drive copper demand, BMO says
Renewable energy will drive demand growth for copper over the coming years, according to a recent study by BMO Capital Markets. “The need to connect significant numbers of small-scale, electricity-generation…
Lundin’s NGEx sees big potential in Josemaria
NGEx Resources (TSX: NGQ) is moving ahead with a prefeasibility study on its Josemaria copper-gold porphyry deposit in Argentina’s San Juan province, and believes it can wrap it up by…
Friedland: Ivanhoe is ready for the energy revolution
VANCOUVER — Robert Friedland, executive chairman of Ivanhoe Mines (TSX: IVN, US-OTC: IVPAF), was in fine form during his presentation at the Sprott Natural Resource Symposium in Vancouver in mid-July….
Ecuador eases rules on early-stage exploration drilling
Ecuador’s Minister of Energy and Non-Renewable Natural Resources says holders of mining concessions can now drill on early-phase exploration projects in the country. Previously, drilling was only permitted during the…
Canada’s top-10 base metal juniors
The Northern Miner has listed the top-10 base metal and uranium juniors — with no production, and which are not a royalty company — headquartered in Canada, arranged by market…
Canada’s top-10 precious metal juniors
The Northern Miner has pulled together the top-10 precious metal juniors (with no production and excluding royalty companies) that are headquartered in Canada, arranged by market capitalization as of the…
Avino sees copper output rise, silver-gold decline in Q2
Vancouver-based junior miner Avino Silver & Gold Mines (TSX: ASM; NYSE-AM: ASM) had a mixed second quarter of production at its Avino property in Mexico’s Durango state, with copper production…
Lundin Mining makes new bid for Nevsun
In its second major overture in three months, Lundin Mining (TSX: LUN) said it plans to offer US$1.4 billion in cash for Nevsun Resources (TSX: NSU; NYSE: NSU). Lundin Mining…