Eight new mines to open in BC by 2015, but which ones are they?
B.C.’s new premier, Christy Clark, has unveiled a new jobs plan for the province that is long on rhetoric and short on details.
Copper
Timing is everything for Highland Valley union
Ask not what you can do for Teck, but what Teck can do for you.” Such is the motto of United Steelworkers Local 7619, which represents 1,050 of the 1,250 workers at Teck Resources’ (TCK.B-T, TCK-N) Highland Valley copper mine near Kamloops,…
China’s Minmetals strikes again
Minmetals Resources, in which China’s state-owned Minmetals Group holds a majority stake, is flexing its deal-making muscle again with a friendly takeover offer for Anvil Mining (AVM-T, AVM-A), an Australian company with a copper mine in the…
TerraX rises on assay-less Newfoundland drilling update
TerraX Minerals (TXR-V) has released its second assay-less drilling update in less than a month from its Stewart gold-copper project in Newfoundland’s Burin Peninsula. Shares of the company climbed 8¢, or 26%, on the news, closing at…
Paramount wakes up Sleeper mine with new resource
Working to revive the past-producing Sleeper gold mine in Nevada, Paramount Gold and Silver (PZG-T, PZG-X) has released a first estimate as to how much gold could be left in the ground.
Poland’s KGHM seeking new acquisitions in the Americas
With mining stocks falling to cheaper levels on almost a daily basis, it is little wonder that talk of M&A activity has been picking up. Unfortunately for most junior mining companies, much of the talk has remained just that… talk.
The Pyramid Rises
Full Metal Minerals (FMM-V) and Antofagasta Minerals (ANTO-L) say they have a new copper-gold-molybdenum porphyry discovery on there hands and one that is wide open for expansion.
Rumours about Oyu Tolgoi rattle Ivanhoe
Dale Choi, an analyst at Frontier Securities in Ulaanbaatar, Mongolia, is recommending to clients that they buy long-term call options on Ivanhoe Mines (IVN-T, IVN-N) due to the “panic” surrounding rumours of possible revisions to the Oyu…
China’s Minmetals strikes again
Minmetals Resources, in which China’s state-owned Minmetals Group holds a majority stake, is flexing its muscle again with a friendly takeover offer for Anvil Mining (AVM-T), a Canadian company with a copper mine in the Democratic Republic of…
Highland Valley union demands more of everything from Teck
Vancouver – “Ask not what you can do for Teck, but what Teck can do for you.” Such is the current motto of United Steelworkers Local 7619, which represents roughly 1,050 of the 1,250 workers at Teck Resources’ (TCK-T, TCK-N) Highland Valley…
Mongolian MPs post hostile letter about OT
In an open letter to Rio Tinto (RIO-N, RIO-L) published yesterday on Mongolian website medee.nn, a group of twenty parliamentarians in Mongolia reportedly accused the government of breaking the law when it concluded an investment agreement (IA)…
Nevada copper lures Enexco south
Having some money kicking around from the old uranium boom days has its advantages.