Copper

HudBay and VMS find high grade copper in Manitoba

HudBay Minerals (HBM-T, HBM-N) and VMS Ventures (VMS-V) have a high grade copper project on their hands right in the safe confines of Manitoba. The companies released a resource estimate at the Reed Lake polymetallic deposit near Snow Lake that…




Milling and housing facilities Sociedad Minera Corona's Yauricocha silver-copper-lead-zinc mine in Peru. Photo by Dia Bras Exploration

Lima connections help Dia Bras acquire Yauricocha mine

Using the contacts of director Alberto Arias, a former Goldman Sachs (GS-N) analyst turned resource investor with a well-connected mining family in Peru, Dia Bras Exploration (DIB-V) has penned a US$310.2-million deal to acquire Sociedad Minera…



Zambian smelting capacity a concern, Lundin says

When Phil Wright lashed out against Equinox Minerals’ (EQN-T, EQN-A) hostile takeover bid for Lundin Mining (LUN-T) in a conference call earlier this week, the chief executive cited the shortage of Zambian smelting capacity as yet another…


Tirex roars to life on Albanian mining deal (March 24, 2011)

Vancouver – Tirex resources (TXX-V) has taken a big step towards production at its polymetallic Merdita project in Albania after signing a memorandum of understanding with a private Turkish firm to finance development in exchange for a stake…


Sandspring makes plans for Guyana gold-copper mine

Vancouver – Sandspring Resources (ssp-v) envisions annual production from its Toroparu project in Guyana of 310,000 oz. gold and 29 million lbs. copper in the first four years of operations, provided it can first raise the $617 million needed…


Underground at Quadra FNX Mining's Morrison copper deposit, part of the Levack complex in Sudbury, Ont. Photo by Quadra FNX Mining

Quadra FNX posts record earnings in 2010 (March 21, 2011)

Quadra Mining successfully completed its merger with FNX Mining in May 2010 and judging by the combined company’s earnings last year, the blend into Quadra FNX Mining (QUX-T) has been a success so far, with a little help from surging copper…





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