Lundin says Touro option a no-go
Lundin Mining (LUN-T) has decided to drop its option to buy 80% of Touro because it says the Spanish copper project won’t provide enough bang for its buck.
Copper
Goldquest drops 33% on drill results
Goldquest Mining (GQC-V), which has seen a substantial boost in its share price after discovering the Romero target in late May, slipped 33% on the target’s latest drill results.
Copper Mountain a takeover target, CIBC says
Copper Mountain Mining (CUM-T) and its pure-play copper mine in British Columbia could become a takeover target, Matthew Gibson of CIBC argues in a new research report.
Noront hopes to soar with Eagle’s Nest
Toronto-based Noront Resources (NOT-V) is banking on a newly published feasibility study at its advanced-stage Eagle’s Nest polymetallic nickel-sulphide deposit — which also includes copper, platinum, palladium and gold — to…
Ivanhoe Australia beefs up Osborne
In late February Ivanhoe Australia (IVA-T, IVA-A) started production ahead of schedule and on budget at its Osborne copper-gold project in northwestern Queensland. The initial shipment of copper-gold concentrate to Asian smelters left port in…
Exco Resources fights takeover bid
Just two weeks after the board of Australian junior Exco Resources (ESX-A) rejected a hostile all-cash takeover offer from one of its institutional shareholders, the explorer released an updated resource estimate for its Turpentine copper-gold…
Strathmore diversifies with copper and gold
Strathmore Minerals (STM –T) has gained a bit of diversification.
Alder gets the results that put the shine back on Rosita
The latest assays from Alder Resources’ (ALR-V) Rosita copper-gold-silver project in Nicaragua shows the company could well be on its way towards getting the site back into production.
Turquoise Hill, Rio Tinto push ahead at Oyu Tolgoi
Turquoise Hill Resources (TRQ-T, TRQ-N), formerly known as Ivanhoe Mines, says the first construction phase at its sizeable 66%-held Oyu Tolgoi copper-gold project in Mongolia’s South Gobi desert is wrapping up, with initial production…
Better days ahead for Thompson Creek?
Thompson Creek Metals (TCM-T, TC-N), like many mining companies, has had a tough ride over the last year. Slowing metal demand from China and falling prices have teamed up to tackle the company’s share price. In January 2011 the…
Reservoir, Freeport hit high-grade copper at Timok
Vancouver-based explorer Reservoir Minerals (RMC-V) is seeing its 2012 exploration program at its Timok copper-gold property in Eastern Serbia pay off in a big way, and major producer Freeport-McMoRan Copper & Gold (FCX-N) has taken notice….
Petaquilla soars on Inmet’s takeover offer
Inmet Mining (IMN-T) is offering to buy Petaquilla Minerals (PTQ-T) for $112 million in cash and equity, which operates the Molejon gold mine adjacent to its Cobre Panama copper-gold project in Panama.