Sizing up BC’s next copper kings
With capital costs escalating all around the industry and mine financing not getting any easier, good infrastructure looks to be as crucial as ever to building a successful, major copper mine in B.C.
Copper
Lundin’s NGEx targets copper and gold in Chile
NGEx Resources (NGQ-T) looks to have a promising collection of copper-gold porphyry properties in Chile’s prolific Region III, but considering the company comes under the umbrella of the serially successful Lundin Group of Companies, that…
Lumina hits longest intercept to date
Scotia Capital mining analyst Tom Meyer has lifted his one-year target price on Lumina Copper (LCC-V) shares from $18 to $21 after the company released more positive drill results, including the longest mineralized intercept to date…
Duran’s Aguila project takes shape
Duran Ventures (DRV-V) has received a maiden resource estimate for its Aguila copper-molybdenum porphyry project in Peru’s north-central Ancash district.
Oracle ready for restart
Oracle Mining (OMN-T) has gained some cash, and now it is restarting a copper mine.
Entre Gold adds to copper assets in Nevada, Mongolia
Entrée Gold (ETG-T, EGI-X) has amassed an impressive collection of copper resources and reserves in Nevada and Mongolia, but getting any of it out of the ground is at least a few years away.
Emed locks down financing for Rio Tinto revival
Emed Mining (EMD-T, EMED-L) has closed its second major financing of the year as the company moves towards restarting production at the historic Rio Tinto copper mine located 65 km north of Seville in Andalucia, Spain.
First Quantum preps Sentinel for production
First Quantum Minerals (FM-T) — which has several copper projects in its development pipeline — has a new reserve and resource estimate in hand for its Sentinel copper project in Zambia.
Lundin’s NGEx targets copper-gold in Chile
VANCOUVER — NGEx Resources (NGQ-T) looks to have a promising collection of copper-gold porphyry properties in Chile’s prolific Region III, but considering the company comes under the umbrella of the serially successful Lundin Group…
Update: Ivanhoe to sell SouthGobi stake to Chalco
Ivanhoe Mines (IVN-T, IVN-N, IVN-Q) says it will sell its stake in Mongolian coal producer SouthGobi Resources (SGQ-T) to Aluminum Corp. of China (Chalco) and use the proceeds to fund development of its massive Oyu Tolgoi mine, where it…
B.C.’s next copper kings
VANCOUVER — With capital costs escalating all over the industry and mine financing not getting any easier, infrastructure is looking as crucial as ever for those looking to build a major copper mine in British Columbia while keeping costs…
ICSG: China, Russia boost copper use for 2011
The following is a summary of the International Copper Study Group’s (ICSG) preliminary data for 2011 world copper supply and demand. The full report is included in the ICSG’s March 2012 Copper Bulletin, which can be purchased at…