Barrick shelves Pascua-Lama
Barrick Gold (TSX: ABX; NYSE: ABX) has suspended construction at its controversial Pascua-Lama gold-silver project in Argentina and Chile, citing lower metal prices and regulatory and legal uncertainties.
Copper
The battle continues at Taseko’s New Prosperity
VANCOUVER — The permitting saga has lasted nearly four years for B.C.-based copper producer Taseko Mines (TSX: TKO; NYSE-MKT: TGB) and its New Prosperity copper-gold project, 125 km southwest of Williams Lake, but the proposed…
Silver Wheaton buys half of Constancia’s gold output
Silver Wheaton (TSX: SLW; NYSE: SLW) has inked a second offtake agreement on Hudbay Mineral’s (TSX: HBM; NYSE: HBM) Constancia polymetallic project in southern Peru: this time for its gold output.
Thompson Creek all smiles at Mount Milligan
PRINCE GEORGE, B.C. — Thirty years after prospector Richard Hanslinger discovered copper-gold mineralization in the hills north of Fort St. James in central B.C. and three years after Thompson Creek Metals (TSX: TCM; NYSE: TC) struck a…
Enexco tables Contact PEA in Nevada
International Enexco (TSXV: IEC) is taking a measured approach to building its wholly owned Contact copper project in Nevada, with a recent prefeasibility study showing the deposit could be economically mined as a small and relatively cheap…
‘Unprecedented’ hit at Flatreef PGM deposit
A 90-metre intersection of 4.51 grams per tonne of platinum, palladium, rhodium and gold — plus 0.37% nickel and 0.20% copper — at Ivanhoe Mines’ (TSX: IVN; US-OTC: IVPAF) Flatreef deposit in South Africa has reignited talk of…
Thundermin and Rambler team up on Little Deer in Newfoundland
Thundermin Resources (TSX: THR) and Rambler Metals and Mining (TSXV: RAB; LSE-AIM: RMM) hope to bring Rambler’s expertise in bringing the past-producing Ming Ming copper-gold mine back into commercial production in northeastern…
Western Pacific bets on the Deer Trail mine
MARYSVALE, UTAH — Vancouver-based exploration company Western Pacific Resources (TSXV: WRP) is adding a new project to its portfolio with the acquisition of the Deer Trail mine, a polymetallic project with silver, gold, zinc, lead and…
WCB unveils multi-million ounce gold-silver deposit
VANCOUVER — Things look to be heating up for junior explorer WCB Resources (TSXV: WCB) on the small island of Misima, 630 km southeast of Port Moresby, Papua New Guinea. The company has laid low for nearly a year, but it seems to have…
Bellhaven rolls out PEA results at La Mina
VANCOUVER — It has been a busy year for Colombia-focused junior Bellhaven Copper & Gold (TSXV: BHV; US-OTC: BHVCF) at its wholly controlled La Mina porphyry gold-copper project in the Middle Cauca volcanic-plutonic belt, 45 km…
Mt. Milligan produces first concentrate
VANCOUVER — Thompson Creek Metals’ (TSX: TCM; NYSE: TC) $1.5-billion investment is about to pay off: the Mount Milligan mine is now producing copper-gold concentrate.
McEwen Mining improves Los Azules’ economics
VANCOUVER — It has been nearly three years since McEwen Mining’s (TSX: MUX, NYSE: MUX) wholly owned Los Azules copper porphyry project in the cordillera region of San Juan, Argentina, was put through the rigours of an economic…