Royal Nickel could be takeover target, analyst says
Royal Nickel (TSX: RNX; US-OTC: RNKLF) is an attractive takeover candidate, mining analyst Nik Rasskazovskiy of independent investment dealer Salman Partners contends in a recent research note.
Copper
Pershimco advances Cerro Quema in Panama
Pershimco Resources’ (TSXV: PRO; US-OTC: RSPRF) Cerro Quema gold project in southwestern Panama is on track to start production in late 2016, and in its first full year of operation, it could be the Central American country’s…
First Quantum slows pace at Cobre Panama
VANCOUVER — Development is continuing at First Quantum Minerals’ (TSX: FM; US-OTC: FQVLF) Cobre Panama copper-gold project in Panama, despite concerns of softer metal prices and a tightening of the company’s purse…
‘Demand will not be the hero in our current commodity cycle’
Jessica Fung, commodities analyst with BMO Capital Markets, gave the following keynote presentation at Red Cloud’s fourth annual pre-Prospectors & Developers Association of Canada Investor Showcase on Feb. 28 at the Fairmont Royal…
PDAC 2015: The ‘first green shoots have emerged’
With metal markets being the number-one indicator for the health of the global mineral exploration industry, a great way to kick off the technical program of the Prospectors & Developers Association of Canada convention in Toronto is to…
Amarc’s IKE project excites mine builder Robert Dickinson
When Canadian Mining Hall of Famer Robert Dickinson says he’s never been as enthusiastic about a project as he has been about Amarc Resources’ (TSXV: AHR; US-OTC: AXREF) porphyry copper-moly-silver IKE discovery in south-central…
Nevsun CEO sees next Flin Flon in Eritrea
VANCOUVER — It’s pretty evident to industry observers that producer Nevsun Resources (TSX: NSU; NYSE-MKT: NSU) is sitting on a veritable cash generator at its Bisha copper-gold operation, 150 km west of Asmara, Eritrea. The company…
Hudbay looks forward to big returns on investment in 2015
VANCOUVER — According to Hudbay Minerals (TSX: HBM; NYSE: HBM) president and CEO David Garofalo the past year marked a “turning point” for the company that will see roughly five years of expansion and capital investment…
Imperial opens Red Chris in BC
VANCOUVER — Imperial Metals (TSX: III; US-OTC: IPMLF) celebrated the first production of copper concentrate on Feb. 17 at its newly built Red Chris copper-gold mine, 80 km south of Dease Lake in northwestern B.C.
Lateral thinking pays off for Ivanhoe at Kamoa
VANCOUVER — For the second time in just over a decade, Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) is taking home the Thayer Lindsley Award, presented by the Prospectors & Developers Association of Canada at their conference in Toronto in…
North American Nickel gears up for work at Maniitsoq
VANCOUVER — North American Nickel (TSX-V: NAN; US-OTC: WSCRF) is making headway advancing its Maniitsoq nickel-copper-cobalt-platinum group metals property on the coast of southwestern Greenland, 85 km north of the capital Nuuk.
Southern Copper’s 2014 profit hit by lower copper prices
Southern Copper (NYSE: SCCO), controlled by Grupo Mexico, reported weak fourth quarter and full year 2014 earnings, largely due to a 7% drop in copper prices since 2013.