Chinese copper collateral probe hurts ailing copper price
VANCOUVER – News that some copper stocks at the port of Qingdao were being used as collateral for multiple loans has further damaged a copper price that was already failing to thrive in 2014.
Copper
Sierra Metals unleashes Yauricocha’s full potential
LIMA, PERU — Sierra Metals (TSX: SMT; BVL: SMT) is proving up the underground potential of its Yauricocha silver–lead–copper–zinc–gold mine in west-central Peru. The low-cost underground mine is the company’s…
Wildcat spotting delays Augusta’s permit at Rosemont
A recent sighting of an ocelot wildcat near Augusta Resource’s (TSX: AZC; NYSE-MKT: AZC) Rosemont copper project near Tucson, Ariz., has triggered U.S. environmental authorities to believe further consultation is needed before the company…
GoldQuest’s PEA on Romero a ‘good start’
GoldQuest Mining (TSXV: GQC; US-OTC: GDQMF) has tabled a positive preliminary economic assessment (PEA) for its flagship project, consisting of the Romero and Romero South gold–copper deposits, two years after discovering the main deposit…
Commentary: Copper price rises on supply worries
These are interesting times for copper investors. Concerns on the supply side, questions over sustained demand due to sluggish global economic growth and a forward curve that defies the normal contango situation are some of the major issues…
Iamgold becomes Calibre’s third partner in Nicaragua
Calibre Mining (TSXV: CXB; US-OTC: CXBMF) saw its shares surge 43% after reporting that Iamgold (TSX: IMG; NYSE: IAG) had signed an option to spend US$10.9 million to earn up to 70% of the junior’s Eastern Borosi gold–silver project…
RTG Mining has big plans in the Philippines
The former management team of CGA Mining, which redeveloped and opened the Masbate gold mine in the Philippines and then merged last year with B2 Gold (TSX: BTO; NYSE-MKT: BTG) in a deal worth US$1.1 billion, is hoping to repeat some of that…
TriMetals Mining rises from the ashes of Bolivia
In the nearly half-century he has worked in the mining industry, Ralph Fitch has pretty much seen it all.
Kombat Copper completes resource in Namibia
Kombat Copper (TSXV: KBT) has completed its first resource estimate on a past-producing copper mine in Namibia.
Exeter lays out options for Caspiche
VANCOUVER — Exeter Resource’s (TSX: XRC; NYSE-MKT: XRA) Caspiche project in northern Chile hosts proven and probable reserves exceeding 19 million oz. gold and 4.6 billion lb. copper. Such a large deposit had Exeter envisioning a…
Trevali’s Caribou looks profitable
Trevali Mining (TSX: TV; US-OTC-TREVF) is firing on all cylinders, with commercial production underway since February at its Santander zinc–lead–silver mine in Peru, and a preliminary economic assessment (PEA) newly wrapped up at…
Duluth sees nickel upside at Twin Metals
VANCOUVER — It’s been a long road for junior Duluth Metals (TSX: DM; US-OTC: DULMF) on the northern edge of Minnesota’s prolific Iron Range, but it looks like development at the company’s Twin Metals joint venture…