Aguila starts to take shape for Duran
Duran Ventures (DRV-V) has a maiden resource estimate in for its Aguila project in Peru.
Copper
Nationalization agendas will take a bite out of industry revenues
Vancouver— Indonesia’s new indigenization legislation aimed at foreign mining companies opens another chapter in a resource-nationalization saga amongst developing countries.
Copper prices to ease but “not massively so,” Wood Mackenzie says
Wood Mackenzie is forecasting global demand growth for copper this year of 3.6%, a copper deficit of about 100,000 tonnes and LME cash prices averaging US$8,700 per tonne or US$3.95 per lb., down from an average of US$8,800 per tonne or US$4.00…
Prophecy Platinum and Ursa Major to merge
Vancouver — Looking to add near-term production potential, Prophecy Platinum (NKL-V) has entered a binding letter of agreement to merge with Ursa Major Minerals (UMJ-T) in an all-share deal.
Legendary minefinder David Lowell’s advice: set aside geological dogma
The Prospectors and Developers Association of Canada kicked off its annual convention in Toronto with a panel discussion tossing around the idea of what makes for a successful discoverer of ore deposits.
‘Rediscoveries’ among featured projects at Roundup 2012
Modern technologies combined with robust metal prices helped generate many of the domestic and international exploration successes featured at Mineral Exploration Roundup hosted by the Association for Mineral Exploration British Columbia (AME…
27,000-page environmental study leaves Pebble critics unimpressed
Facing legal, political and regulatory challenges before the permitting process has even begun, the Hunter Dickinson Group’s Northern Dynasty Minerals (NDM-T, NAK-N, NAK-X) appears to be swimming against the current at its giant Pebble…
Lumina hits more long intersects at Taca Taca
Lumina Copper (LCC-V) reports that the Taca Taca deposit in northwestern Argentina, 90 km east of Escondida, the world’s largest copper mine, has yielded the longest mineralized intercept to date with 813 metres grading 0.60% copper…
Lumwana’s margins below Barrick’s expectations
Half a year in, Barrick Gold’s (ABX-T, ABX-N) newly purchased Lumwana copper mine in Zambia has done little to rebut the critics who denounced Barrick’s contentious and expensive move into copper through its June 2011 takeover of…
Doubled Hassai resource creates buzz for La Mancha
Exposed sulphide mineralization appears at the bottom of 12 out of 16 oxide pits that make up La Mancha Resources’ (LMA-T) Hassai gold-copper mining complex in the remote desert of northern Sudan. And a new resource estimate based on…
Juniors scramble for mainland Southeast Asia’s riches
The mainland of Southeast Asia may not hold much buzz for most Canadian explorers — with island nations in the region getting far more attention — but there are a few intrepid companies finding success in this oft-overlooked part of…
Coro options more copper ground in Chile
Coro Mining (COP-T) has signed an option agreement with a local Chilean company to acquire El Desesperado — a 7-sq.-km property hosting porphyry copper-style mineralization 16 km southwest of Codelco’s Chuquicamata copper mine in…