Copper

A worker at the Luilu metallurgical plant. Source: Katanga Mining

SEC approves first copper-backed ETF

After a two-year regulatory battle, J.P. Morgan Chase (JPM-N) has won approval from the U.S. Securities and Exchange Commission (SEC) to launch an investment vehicle that tracks the price of copper.


Loading up in a pit at Copper Mountain Mining's namesake copper mine, 20 km south of Princeton, British Columbia. Source: Copper Mountain Mining

Copper Mountain aims to produce more copper

Copper Mountain Mining (CUM-T) is giving guidance that its copper production for 2013 from its namesake mine in southern B.C. will be 80 million lb. — a number that falls within analyst expectations.  




EMED perseveres at Rio Tinto

Mining has been going on at the Rio Tinto copper mine in Spain for thousands of years, but that doesn’t mean molding it into its most modern incarnation is an easy task.





Duluth, Antofagasta go big on the South Kawishiwi

Toronto-based Duluth Metals (DM-T) and 40% joint-venture partner Antofagasta (ANTO-L) can claim to hold one of the largest pollymetallic sulphide deposits following a resource update on the Twin Metals project near Ely, Minn. Duluth announced…


A drill platform at Inmet's Cobre Panama project. Source: Inmet Mining

First Quantum offers $5.1B in sweetened bid for Inmet

First Quantum Minerals (FM-T, FQM-L) has stepped up its game for Inmet Mining (IMN-T) with a hostile $5.1-billion takeover offer in hopes of winning over Inmet shareholders after failing twice to entice the company’s board in recent…


Double Trouble for Taseko

VANCOUVER — So far, the holiday season has not been very merry for Taseko Mines (TKO-T, TGB-X), which is facing a potential strike at its operating mine and a new setback in the seemingly endless effort to permit its new mine.


Visible gold from drill hole 50 from Pilot Gold's TV Tower project in Turkey. The intercept returned 193 grams gold per tonne over 12 metres. Source: Pilot Gold

Pilot, Teck tune in to Turkish TV

Drill results from Pilot Gold’s (PLG-T) early stage joint-venture project with a Turkish subsidiary of Teck Resources (TCK-T, TCK-N) sent the junior explorer’s shares up 3% to $1.87, with 1.8 million shares changing hands.


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