Copper

A bucket wheel excavator at BHP's Spence open pit mine in northern Chile. Source: BHP Billiton

Capstone buys Pinto Valley mine from BHP

VANCOUVER – Most of the world’s mining majors are selling non-core assets to focus on optimizing key operations, shoring up earnings, and cutting back capital outlays. The shift follows a few years of overspending spurred by commodity…


TSX moves up, Apr. 22-26

The S&P/TSX Composite Index managed to hold on to its earlier gains during the April 22–26 trading week, edging up 155 points to 12,220.20. The index fell after the U.S. government reported slower than expected growth in the…


Homestake releases final resource as Agnico-Eagle takes over

VANCOUVER — Vancouver-based junior Homestake Resource (HSR-V) is turning the page on nine years of exploration at its Homestake Ridge gold-silver property on the Iskut-Stewart-Kitsault belt 32 km northwest of Alice Arm, B.C. A final…



An aerial shot of HudBay's processing facilities in Flin Flon, Manitoba. Source: HudBay Minerals

Hudbay continues to build on Manitoba legacy

VANCOUVER — Canadian base metal producer Hudbay Minerals (HBM-T) laid a foundation for success on the Flin Flon greenstone belt in northern Manitoba roughly 85 years ago. During that time the company has developed 26 mines in the region…


A drill rig at Lumina Copper's Taca Taca copper project in Argentina. Photo by Trish Saywell

Lumina’s Taca Taca shows robust economics

A preliminary economic assessment of Lumina Copper’s (LCC-V) enormous Taca Taca project, among the world’s top-tier undeveloped copper deposits, demonstrates a US$2.1-billion after-tax net present value and a 17.2% after-tax…


A core sample with visible gold from Rainy River Resources' namesake gold project in Ontario. Source: Rainy River Resources

Rainy River hits feasibility milestone

Rainy River Resources’ (RR-T) president and CEO Raymond Threlkeld is touting the company’s Rainy River gold deposit in northwestern Ontario as “low risk and very high return.”


Nevada Copper tops up coffers with Red Kite loan

VANCOUVER — Things are rolling along for Vancouver-based Nevada Copper (NCU-T) at its development-stage Pumpkin Hollow iron oxide-copper-gold project, 13 km southeast of the picturesque town of Yerington, Nev.


New milestone for OceanaGold

Earlier this week OceanaGold (OCG-T, OGC-A) declared that the first concentrate from its Didipio open-pit mine in the Philippines was en route to Japan.



Transition Metals to acquire HTX Minerals

Geologist Scott McLean and geophysicist Keven Stevens set up privately held HTX Minerals in late 2007 and started raising capital for the start-up exploration company in January 2008.



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