Regulus and Pachamama soar on Argentina drill results
A newly discovered high grade zone sent Regulus Resources (REG-V) and Pachamama Resources (PMA-V) shares flying on Thursday.
Copper
Tigray drills Terakimti prospect
Assay results from three drill holes at Tigray Resources (TIG-V) 70%-owned copper-gold-silver-zinc deposit in northern Ethiopia returned an intercept of 73.85 metres grading 3.77% copper, 1.31 grams gold per tonne, 14 grams silver per tonne and…
Lumina Copper moves higher on drill results
Shares of Lumina Copper (LCC-V) advanced 3.03% or 35¢ to close at $11.90 apiece yesterday following news of more drill results from its Taca Taca copper porphyry in Argentina.
Rambler delivers on Ming
Nearly seven years after Rambler Metals & Mining (RAB-V, RMM-L) took control of the past-producing Ming copper-gold mine on Newfoundland and Labrador’s Baie Verte Peninsula, the company has poured its first gold doré bar and shipped…
Afghanistan’s push to develop its mineral resources
As Western powers prepare to fully withdraw their troops from Afghanistan by the end of 2014, Afghanistan’s Minister of Mines, His Excellency Wahidullah Shahrani, is preparing for a very different kind of deployment.
Rio wins filing, Ivanhoe stock falls
While being on the hook for half of a roughly US$6 billion mine construction is hardly small potatoes it is a bargain compared to shouldering the entire cost load alone.
U.K. fraud office looks into Eurasian Natural Resources
London, U.K. – The Serious Fraud Office (SFO), an independent department of the British government that investigates and prosecutes serious or complex financial fraud and corruption, is looking into allegations of unlawful activity at Eurasian…
Mudslide helps Colombian Mines
A mudslide proved a blessing for Colombian Mines (CMJ-V) at its El Dovio polymetallic project in Colombia.
KGHM starts the bidding on Quadra FNX
Three billion dollars may sound like a tidy sum – but when it’s the price tag on a global copper producer with a stable of enviable development projects, it may not be enough.
Newmont suspends Conga construction
Newmont Mining (NMC-T, NEM-N) has indefinitely halted construction activities in agreement with the government of Peru at its 51%-owned Conga gold-copper project in the northern region of Cajamarca, following weeks of protests over the proposed…
Teck options into Strait’s Alicia
Vancouver – Teck Resources (TCK.B-T, TCK-N) has given Peruvian-focused junior Strait Gold (SRD-V) a boost by optioning into its Alicia copper project.
Taca Taca gets bigger and better
After a brief stop around midnight to refuel in Panama, Ross Beaty pulls out a sleeping bag from his carry-on and spreads it in the aisle of the luxurious Gulfstream III jet he has chartered to fly a group of mining analysts to Lumina Copper’s…