Crazy Horse moves Taysan ahead with prefeasibility study
VANCOUVER — Philippines-focused Crazy Horse Resources (CZH-V) has outlined a 15-million-tonne-per-year open-pit copper operation at its Taysan project in a prefeasibility study.
Copper
China’s investment in smart grids to benefit copper, aluminum
China plans to increase investment in its power sector by 88% under its 2011–2015 plan, and a significant amount of that will be directed towards smart-grid technology, London-based Barclays analyst Gayle Berry writes in a recent research…
Ivanhoe Australia eyes Mount Elliott’s riches
Ivanhoe Australia’s (IVA-T, IVA-A) acquisition in September 2010 of the Osborne copper-gold processing complex in northwestern Queensland will help transform the company into a significant base metal producer, and much of its mill feed is…
VMS Ventures looking to repeat Reed success
VANCOUVER — Manitoba’s Flin Flon greenstone belt has been yielding high-grade copper and zinc from its volcanogenic massive sulphide ore bodies for almost 85 years, but VMS Ventures (VMS-V) thinks there’s lots of…
Lifton describes copper as the “nerves of civilization”
In a keynote address at Byron Capital Markets’ third annual conference on electric metals in Toronto last week, Jack Lifton warned that the prospect of copper shortages should be of far greater concern than of electric metals such as rare…
Curis plays the role of innovator and educator at Florence
VANCOUVER — When it comes to the mining industry’s grand stage, companies are often required to play a number of different roles. The tale is much the same for Hunter Dickinson-backed Curis Resources (CUV-T) in its gambit to develop…
Boleo cost increase triggers Baja share sell-off
VANCOUVER — Markets have recently demonstrated that when cost optics or feasibilities suddenly shift on an advance-stage mining project, the company in question will inevitably face investor-driven wrath. So the story goes for…
Speculation mounts about Iamgold’s takeover targets
Iamgold (IMG-T, IAG-N) chief executive Steve Letwin says the cash-rich miner plans to spend $400-$500 million on an acquisition in the Americas over the coming months. The mid-tier gold producer has about $1.4 billion in cash and no debt and…
Augusta moves Rosemont forward
Augusta Resource (AZC-T, AZC-X) is slowly but surely pushing its Rosemont project in Arizona towards production by securing the sixth major permit needed to start building the primarily copper project located in Pima County, 50 km southeast of…
Friedland resigns from Ivanhoe Mines
Just a few months after Rio Tinto (RIO-N) took a controlling 51% stake in Ivanhoe Mines (IVN-T, IVN-N, IVN-Q), billionaire founder and chief executive Robert Friedland has resigned from the company, along with five other members of the senior…
Katanga looks to become Africa’s copper king
Katanga Mining (KAT-T) is gearing up to take a big copper project and make it that much bigger.
Freeport stands strong in eye of Indonesia’s nationalisation storm
VANCOUVER — The world’s largest, publicly-traded copper producer, Phoenix-based Freeport-McMoRan Copper & Gold (FCX-N), is standing tough in the face of simmering labour turmoil and nationalisation overtures aimed at its…