TSX Venture falls, June 11-15
The S&P/TSX Venture Composite Index ended the trading week down once again, falling 2.6% to 754.4. Shares of Cantex Mine Development rose 18¢ to 33¢. The company said it…
Copper
Vale sells Voisey’s Bay cobalt stream for US$690M
In the world’s biggest cobalt stream to date, Vale (NYSE: VALE) has agreed to sell cobalt from its Voisey’s Bay nickel-copper-cobalt mine in northern Labrador to Wheaton Precious Metals (TSX:…
Altius spins out copper play Aethon Minerals
Newly formed copper explorer Aethon Minerals (TSXV: AET) is adding to its already large Chilean land package with an option agreement to acquire full interest in the Llanos de Llahuin…
Production nears for Nevada Copper
Pumpkin Hollow will be the next copper mine built in North America, Matthew Gili, Nevada Copper’s (TSX: NCU) new president and CEO, tells The Northern Miner in one of his…
First Quantum backs out of disputed Pebble project
A framework agreement with First Quantum Minerals (TSX: FM) to help finance the controversial Pebble copper-gold project in Alaska has fallen apart — sending shares of Northern Dynasty Minerals (TSX:…
Orla Mining drills Cerro Quema in Panama
With shareholders like Goldcorp (19.9%), Pierre Lassonde (11.1%) and Agnico Eagle Mines (9.9%), Orla Mining (TSXV: OLA) isn’t your typical TSX Venture Exchange-listed junior. Management and insiders own another 7.1%…
Video: Fireside chat with Ross Beaty at CMS 2018
A fireside chat with Pan American Silver chairman Ross Beaty at the Canadian Mining Symposium in London on April 25, 2018. Moderator: Gianni Kovacevic, Executive Chairman and Chief Executive Officer,…
TSX inches higher while gold dips, May 14-18
Canada’s benchmark index rose 0.47% to 16,162.31 during a week that saw little movement in Canadian markets. The S&P/TSX Global Mining Index rose 0.12% to 75.25 and the S&P/TSX Global…
Millbrook pens exploration contract with Cuban gov’t
In late April, privately held Millbrook Minerals became the first copper-zinc explorer to sign an International Economic Association (IEA) contract with Cuban state mining company GeoMinera. The document permits Millbrook…
Nevsun rejects $1.5B Euro Sun, Lundin Mining proposal
Nevsun Resources (TSX: NSU; NYSE-AM: NSU) is rejecting an unsolicited proposal by Euro Sun Mining (TSX: ESM) and Lundin Mining (TSX: LUN) that it says lacks adequate value and has…
Discovery Metals samples historic Zaragosa mine
Discovery Metals (TSXV: DSV) has fielded results for 100 new channel samples taken from the historic Zaragoza zinc-silver-lead mine on its 300 sq. km Puerto Rico polymetallic property in northern…
While seeking JV partner, Lara drills Planalto in Brazil
Lara Exploration (TSXV: LRA) is drilling its 47 sq. km Planalto copper property in Brazil’s northern Carajas district. “We’re a prospect generator and we typically don’t drill projects ourselves,” Lara…