Anglo American meets organic growth milestones
Over the last year Anglo American (AAL-L) has commissioned three of its four major growth projects in three different metals: iron ore, nickel and copper.
Copper
South American Silver sizes up Escalones
South American Silver (SAC-T) has released a first resource estimate on its wholly owned Escalones copper-gold-silver project in Central Chile.
HudBay to build Reed copper mine
The board at HudBay Minerals (HBM-T, HBM-N) has agreed to develop the high-grade, near-surface Reed copper deposit in Manitoba into a mine. Production of copper in concentrate is expected to average 17,000 tonnes per year over the five-year…
Lundin completes Semblana resource
Lundin Mining (LUN-T) discovered the Semblana copper deposit adjacent to its Neves-Corvo mine in Southern Portugal in September last year, and describes it on its website as the “first new massive-sulphide deposit discovery at Neves-Corvo in…
Trevali opens the Halfmile mine
Trevali Mining (tv-t) has kicked off the New Year by transitioning from a development-stage company to a producer by starting up the Halfmile polymetallic massive sulphide project near Bathurst, N.B.
First Quantum to sell its DRC assets
First Quantum Minerals (FM-T, FQM-L) is putting an end to its troubles in the Democratic Republic of the Congo (DRC) by agreeing to sell its DRC assets and drop any related legal claims for US$1.25 billion.
Prophecy Platinum starts winter drill program at Wellgreen
Burwash Landing, Yukon – Fifteen km off the paved Alaska Highway in southwestern Yukon, the Wellgreen nickel-copper-PGM project sits largely as it has since 1973, when Hudson-Yukon Mining abandoned underground mining there after one year of…
Baja Mining updates progress at Boleo
Baja Mining (BAJ-T, BAJFF-O) has tested the first of three 2.5 megawatt power generators at its 70%-owned Boleo copper-cobalt-zinc-manganese project and says all three will be online in early January.
Mine expansion approved at Huckleberry
The board of Huckleberry Mines, in which Imperial Metals (III-T) holds a 50% stake and a consortium of Asian companies (Materials Corp., Marubeni Corp., Dowa Mining Co. and Furukawa Co.) owns the remainder, has approved a plan to extend the…
Inmet’s ESIA approved for Cobre Panama
Shares of Inmet Mining (IMN-T) surged $3.12 apiece or 4.76% to close at $68.62 yesterday after the company announced that Panama has approved the environmental and social impact assessment for its Cobre Panama copper project, including the…
Xstrata works to expand Canadian footprint
After a decade of expansion through mergers and acquisitions, diversified Swiss miner Xstrata (XTA-L) is turning to organic growth to provide its next generation of mines and to increase production through the expansion of others.
Regulus and Pachamama soar on Argentine drill results
A newly discovered high-grade zone sent Regulus Resources (REG-V) and Pachamama Resources (PMA-V) shares flying in December.