Optimism gathers around Dynacor in Peru
Dynacor Gold Mines (DNG-T) has been steadily adding to its market cap over the last few months and word that the drills have started turning at a key exploration project in Peru furthered its advance.
Copper
Baja finally gets to build Boleo mine (February 17, 2011)
Vancouver – After a false start in 2008, Baja Mining (BAJ-T) now has funding fully secured and is moving ahead with construction of its 70%-owned Boleo copper-cobalt-zinc project in Mexico’s Baja State.
Taseko to add capacity at Gibraltar mine
Taseko Mines (TKO-T, TGB-X) wants to take advantage of robust copper prices and expand capacity at its 75%-owned Gibraltar mine in the Cariboo region of British Columbia and Williams Lake.
Northgate Minerals updates resource at Kemess
Northgate Minerals (NGX-T, NXG-N) has boosted its indicated resource tonnes by 18% and its contained gold and copper by 10% and 9% respectively at its Kemess underground project in north-central British Columbia.
EMED revives Rio Tinto mine in Spain
In six years, Cyprus-based EMED Mining (EMD-T, EMED-L) has grown from being little more than a concept to a company with very real plans to restart copper production this year from the historic Rio Tinto open-pit copper mine in southwestern…
Entree Gold is “sitting pretty”
Entrée Gold (ETG-T, EGI-X) is “strongly undervalued” given the potential for it to sell its Mongolian assets to Ivanhoe Mines (IVN-T, IVN-N) or Rio Tinto (RTP-N, RIO-L), Christopher Ecclestone of Hallgarten & Co. argues in a…
Entre Gold gets off to good start at Ann Mason
Entrée Gold’s (ETG-T, EGI-X) first diamond drill hole at its 100%-owned Ann Mason porphyry copper-molybdenum deposit in western Nevada’s Yerington district returned 988 metres of copper mineralization in what Greg Crowe, the…
Roundup: We need more discoveries, part II (February 07, 2011)
Last week, we presented the Canadian exploration projects highlighted at the Mineral Exploration Roundup presented by the Association for Mineral Exploration British Columbia (AME BC). This week, we turn to the international scene.
African Copperbelt: still risky after all these years
The African Copperbelt running through Zambia and the Democratic Republic of the Congo (DRC) hosts some of the world’s richest copper and copper-cobalt deposits, and has attracted dozens of junior companies over the years. But like moths to a…
Nautilus secures deep-sea mining lease (February 07, 2011)
A pioneering deep-sea mining operation is a big step closer to reality after the Papua New Guinea (PNG) government granted a mining lease to Nautilus Minerals (NUS-T, NUS-L) for its Solwara 1 copper-gold project in the Bismarck Sea.
First Quantum to expand Kansanshi
Already one of the largest copper-producing companies, First Quantum Minerals’ (FM-T, FQM-L) plan to expand production capacity in Zambia at its Kansanshi copper-gold mine by 60% to about 400,000 tonnes of copper per year by 2015 and advance…
Aldridge likes what it sees at PNG discovery
When Aldridge Minerals (AGM-V) acquired a 450-sq.-km licence in Papua New Guinea (PNG) in February 2009, it fielded three requests from majors to joint-venture the property even before any samples were taken.