Copper

Drillers at work at Inmet Mining's Cobre Panama copper project, 20 km west of Panama City. Photo by Inmet Mining

Inmet’s Cobre Panama clears environmental hurdle

Inmet Mining (IMN-T) shares surged $3.12 apiece, or 4.76%, to close at $68.62 in the new year after the company announced that the Panamanian government  has approved an environmental and social impact assessment for its Cobre Panama…




Drill rigs at HudBay Minerals and VMS Ventures' Reed copper project in Manitoba. Photo by VMS Ventures

HudBay to build Reed copper mine

The board at HudBay Minerals (HBM-T, HBM-N) has agreed to develop the high-grade, near-surface Reed copper deposit in Manitoba into a mine. Production of copper in concentrate is expected to average 17,000 tonnes per year over the five-year…


Lundin completes Semblana resource

Lundin Mining (LUN-T) discovered the Semblana copper deposit adjacent to its Neves-Corvo mine in Southern Portugal in September last year, and describes it on its website as the “first new massive-sulphide deposit discovery at Neves-Corvo in…


Trevali opens the Halfmile mine

Trevali Mining (tv-t) has kicked off the New Year by transitioning from a development-stage company to a producer by starting up the Halfmile polymetallic massive sulphide project near Bathurst, N.B.  


First Quantum to sell its DRC assets

First Quantum Minerals (FM-T, FQM-L) is putting an end to its troubles in the Democratic Republic of the Congo (DRC) by agreeing to sell its DRC assets and drop any related legal claims for US$1.25 billion.


Prophecy Platinum starts winter drill program at Wellgreen

Burwash Landing, Yukon – Fifteen km off the paved Alaska Highway in southwestern Yukon, the Wellgreen nickel-copper-PGM project sits largely as it has since 1973, when Hudson-Yukon Mining abandoned underground mining there after one year of…


Baja Mining updates progress at Boleo

Baja Mining (BAJ-T, BAJFF-O) has tested the first of three 2.5 megawatt power generators at its 70%-owned Boleo copper-cobalt-zinc-manganese project and says all three will be online in early January.


Mine expansion approved at Huckleberry

The board of Huckleberry Mines, in which Imperial Metals (III-T) holds a 50% stake and a consortium of Asian companies (Materials Corp., Marubeni Corp., Dowa Mining Co. and Furukawa Co.) owns the remainder, has approved a plan to extend the…


Inmet’s ESIA approved for Cobre Panama

Shares of Inmet Mining (IMN-T) surged $3.12 apiece or 4.76% to close at $68.62 yesterday after the company announced that Panama has approved the environmental and social impact assessment for its Cobre Panama copper project, including the…


Xstrata works to expand Canadian footprint

After a decade of expansion through mergers and acquisitions, diversified Swiss miner Xstrata (XTA-L) is turning to organic growth to provide its next generation of mines and to increase production through the expansion of others.


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