Analysts see quiet copper market in 2014
VANCOUVER — Increasing mine supply, limited demand and concentrate stockpiles in China have analysts predicting a subdued year for copper in 2014.
Copper
U.S. markets rise slightly, Nov. 25-29
The Dow Jones Industrial Average and the S&P 500 marked their eighth straight week of gains with the Dow climbing 21.64 points or 0.14% to 16,086.41 and the S&P 500 up 1.05 points or 0.10% to 1,805.81. The eight-week streak for the…
Capstone misses but still impresses with production profile
Capstone Mining (TSX: CS; US-OTC: CSFFF) has proven that a slump in commodity prices hasn’t curbed its appetite for growth. With its recent acquisition of BHP Billiton’s (NYSE: BHP) Pinto Valley copper mine in Arizona…
Copper Mountain sinks on $30M equity raise
Copper Mountain Mining (TSX: CUM) shares have been sliding since the company’s surprise move to raise $30.1 million in a bought deal to fund a secondary crusher and increase throughput at its eponymous copper–gold mine near…
Chieftain finds new feeder zone
Parts of the Tulsequah Chief orebody in northwestern B.C., 100 km south of Atlin and 65 km northeast of Juneau, Alaska, were mined by Cominco — now Teck Resources (TSX: TCK.B; NYSE: TCK) — from 1951 to 1957.
Cordoba hits mineralization at San Matias
VANCOUVER — The first four holes into the San Matias project in Colombia all returned significant copper and gold grades over good lengths for owner Cordoba Minerals (TSXV: CDB).
Newmont leads by example
The last few weeks have been upbeat for Newmont Mining (TSX: NMC; NYSE: NEM). The has brought two of its projects into commercial production on schedule and budget: Akyem in Ghana and Phoenix Copper in Nevada. And Newmont revealed in its…
Reservoir’s success in Serbia
Reservoir Minerals (TSXV: RMC; US-OTC: RVRLF) has been attracting attention as it proves up the Timok copper-gold discovery in the Bor district of eastern Serbia. The latest evidence: Scotiabank Mining analyst Mike Hocking has initiated…
Imperial Metals rises on solid Q3
VANCOUVER — Three months of business as usual meant $14.7 million in net income for Imperial Metals (TSX: III; US-OTC: IMPLF). And investors showed their appreciation, boosting the company’s share price by more than 6%.
Delays force Turquoise Hill into $2.4B rights offering
VANCOUVER — Unresolved ownership issues mean Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) and the Mongolian government will have to spend more time at the negotiating table before resuming underground expansion at the Oyu Tolgoi…
Dynacor’s strategy sets it apart
TUMIPAMPA, PERU — Junior exploration budgets have shrivelled by as much as 39% this year according to a study released in October by SNL Metals Economics Group, but a visit to Dynacor Gold Mines’ (TSX: DNG; US-OTC: DNGDF) operations…
Typhoon Haiyan: The relief after the storm
Typhoon Haiyan swept across the Philippines on Nov. 8, killing nearly 4,000 people, with thousands more missing and feared dead.