Katanga wants to be Africa’s biggest copper producer
Katanga Mining (KAT-T) is gearing up to take a big copper project, and make it that much bigger.
Copper
A ‘win-win’ deal for Kirkland, Queenston
In a move to secure future growth, Kirkland Lake Gold (KGI-T, KGI-L) is buying Queenston Mining’s (QMI-T) 50% stake in seven jointly held properties the two have in Ontario’s Kirkland Lake gold camp for $60 million in cash and a…
Entre Gold continues to bank in-ground copper assets
Vancouver — Entrée Gold (ETG-T, EGI-N) has amassed an impressive collection of copper resources and reserves in Nevada and Mongolia, but getting it out of the ground may be the rub.
Mitsubishi takes stake in Marathon
Mitsubishi Corp. of Japan will invest US$94.9 million for a 25% stake in Stillwater Mining’s (SWC.U-T, SWC-N) Marathon project, a platinum group metals and copper deposit near the north shore of Lake Superior about 10 km north of the town…
First Quantum preps Sentinel for production
First Quantum Minerals (FM-T, FQM-L), which has several copper projects in its development pipeline, has provided a maiden reserve and resource for its Sentinel copper project in Zambia.
Sego set to scale Miner Mountain
If you’ve ever been to Princeton, home to the recently opened Copper Mountain mine, you’ve also seen Sego Resources’ (SGZ-V) Miner Mountain copper property.
Inmet keeps wary eye on smouldering Panama policy debate
Toronto-based Inmet Mining (IMN-T) is on the periphery of a pitched battle between Panamanian President Ricardo Martinelli and indigenous groups protesting the government’s aggressive resource-expansion policies.
Metals commentary: Wood Mackenzie says Copper prices to ease, but ‘not massively so’
Wood Mackenzie is forecasting global demand growth for copper this year of 3.6%, a copper deficit of 100,000 tonnes and London Metal Exchange cash prices averaging US$8,700 per tonne, or US$3.95 per lb., down from an average of US$8,800 per…
Rambler looks to fire-up production at Ming
Vancouver — Hard work appears to be paying off for London-based Rambler Metals and Mining (RAB-V, RMM-L). The company has reported three-month operational highlights, including maiden-gold production details from its Ming gold-copper mine…
Skyline scours the Golden Triangle
Skyline Gold (SK-V) is hunting for high-grade gold in the Golden Triangle in northwest British Columbia at its Iskut property, with hopes of striking it big.
Coro takes a second swing at San Jorge
One week after renegotiating a purchase agreement on its San Jorge copper-gold porphyry project in Argentina’s Mendoza province, Coro Mining (COP-T) will take another shot at getting the government permits it needs to proceed with mine…
Prophecy Platinum and Ursa Major to merge
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.