Themac starts drilling New Mexico copper project
Newly minted copper explorer Themac Resources Group (MAC-V) has started an 18,000-metre drill program at its Copper Flat project, located 50 km southwest of Truth or Consequences, New Mexico.
Copper
Trevali on the path to production
In the last few months Trevali Mining Corp. (tv-t) expanded its resource base, changed its name, closed a $10-million financing, and listed on the Lima Stock Exchange. Now, it’s working to get two mines into production over the next 12 months.
Barclays still bullish on copper
Copper prices could move lower before they go higher, but Barclays Capital says it believes we have not yet seen the highs for this year.
Reko Diq inches closer to a licence
A mining licence dispute for the sizable Reko Diq copper-gold project in Pakistan’s southwest Balochistan province potentially nears its end, after much uncertainty.
Ursa gets in the ring with Forbes & Manhattan
Struggling junior nickel miner Ursa Major Minerals (UMJ-T) has told Stan Bharti’s Forbes & Manhattan group to put up its dukes and prepare for a fight at the company’s annual general meeting of shareholders in Toronto on June 23.
McEwen to merge US Gold, Minera Andes
Rob McEwen, the largest shareholder of both US Gold (UXG-T, UXG-N) and Minera Andes (MAI-T), plans to combine the two companies to create what would be a dynamic, mid-tier silver producer in the Americas….
Capstone adds copper resources at Minto (June 13, 2011)
Capstone Mining (CS-T) has bulked up measured and indicated resources by 219 million lbs. at its wholly owned Minto copper-gold mine in the Yukon. The miner also combined two deposits at the project, which were once thought separate, into what…
Taseko’s Q1 earnings fall short
Taseko Mines (TKO-T, TGB-X) saw higher first-quarter profits compared to last year, but still fell below expectations.
Two workers killed at Vale’s Stobie mine have been identified
The two workers killed late Wednesday night from falling debris at Vale’s (VALE-N) Stobie underground mine in Sudbury, Ontario, have been identified as Jason Chenier, 35, and Jordan Fram, 26.
Peruvian mining stocks plunge after leftist Humala wins elections
Peruvian-focused mining stocks nose dived Monday after left-wing populist candidate Ollanta Humala appeared to have narrowly won Peru’s presidential electoral run-off held on Sunday, June 5. With 88% of the ballots counted, Humala had 51.3% of…
Cayden advances three North American projects
The team behind Ghana-focused Keegan Resources (KGN-T. KGN-X) has set its sights on advancing several North American prospects through relatively new entrant Cayden Resources (CYD-V).
Pan Terra heads to southern Africa in search of gold, copper
From the ashes of a high-flying hydrogen fuel cell promotion and later a construction-site preparation and excavation business, Pan Terra Industries (PNT-V) has re-emerged as a mineral explorer.