Mediterranean gets unsolicited bid from mystery Aussie Jr.
Mediterranean Resources (MNR-T) has received a takeover offer from an Australian exploration company that CEO Christopher Ecclestone says has requested confidentiality.
Copper
NGEx wraps up campaign with high-grade hit
VANCOUVER — Copper explorer NGEx Resources (NGQ-T) capped off a busy drill season in April, with the Vancouver-based company completing 44,000 metres over a promising property package that straddles the Chile-Argentina border, southeast…
Euromax forges ahead in southeastern Europe
VANCOUVER — It has been a busy year so far for Vancouver-based explorer Euromax Resources (EOX-V) and its diverse portfolio of base and precious metal projects across emerging jurisdictions in southeastern Europe. Euromax has locked down…
Santo Domingo feasibility expected in less than a year
When Capstone Mining’s (CS-T) Santo Domingo iron oxide-copper-gold project in Chile eventually enters commercial production in 2017 or 2018 — at an estimated capital cost of between US$1.5 billion and US$1.8 billion — the…
Hudbay on schedule at Constancia despite rain
VANCOUVER — Operating in the Peruvian Andes can offer a range of challenges, not the least of which is a rainy season that usually runs from September through April. And heavy rains proved to be an issue for Canadian base metal producer…
Northern Dynasty’s scuffle with the EPA continues
VANCOUVER — When it comes to media campaigns and social relations in the mining world, there might not be a more interesting case study than Northern Dynasty Minerals’ (NDM-T, NAK-N) ongoing defense of its large Pebble…
Partners prove up copper potential at Pyramid project
VANCOUVER — It took less than three years and only 30 holes for Full Metal Minerals (FMM-V) and Antofagasta (ANTO-L) to define a resource at their Pyramid project in Alaska that contains more than 1.3 billion lb. copper, as well as…
Ivanplats advances projects in Copperbelt, Bushveld
Ivanplats’ (IVP-T) shares lost 7% after the company updated the market on its three large precious and base metal projects in Africa.
Another hill to climb for Copper Mountain
Operational issues at the Copper Mountain mine in B.C. are hounding Copper Mountain Mining (CUM-T).
Nevsun optimistic about new zone near Bisha
VANCOUVER — Drills probing the Northwest zone, a satellite zone 1.2 km from Nevsun Resources’ (NSU-T, NSU-N) operating Bisha gold mine in Eritrea, are finding high-grade gold, copper and zinc — just not all in the same place.
UPDATE2: Grasberg tunnel collapse kills 28
Twenty-eight workers have died at Freeport-McMoRan Copper & Gold’s (FCX-N) Grasberg mining complex in Indonesia after the roof of an underground training facility collapsed on May 14. Ten others have been rescued.
Juniors like Coro face tough choices
Difficult markets and strained balance sheets are dogging junior mining companies across the industry, forcing them to make some hard decisions about how to manage their assets.