Copper

Ursa Major hits milestones

Since resuming mining a year ago from the West pit at its Shakespeare nickel-copper-platinum group metals (PGM) mine in Ontario, which was closed in 2008 due to weak metal prices, Ursa Major Minerals (UMJ-T) has regained its momentum.


Western Copper's Casino gold-copper-molybdenum project in the Yukon. Photo by The Northern Miner

Western Copper updates Casino study

Western Copper (WRN-T, WRN-X) has released an updated prefeasibility study for its sizable but remote Casino gold-copper-molybdenum project in the Yukon, three years and a commodity-price rollercoaster ride after the first.


Ross Beaty closes in on 10 for 10

Of the 10 copper projects acquired by Ross Beaty’s Lumina Copper (LCC-V) in 2003 near the end of a five-year downturn for the resource sector and a dramatic fall in metal prices, it has kept just one, Taca Taca, in Argentina. The rest it sold -…



Teck doubles adjusted profit in Q1

Vancouver – Teck Resources (TCK.B-T, TCK-N) has more than doubled first quarterly adjusted earnings compared with last year on strong copper and coal prices.



Early Canaco investor buys large stake in Silvore Fox

Vancouver – A Chinese group which invested heavily in Tanzania-focused gold explorer Canaco Resources (CAN-V) just before its discovery of the Handeni gold deposit has recently added to its large interest in Nova Scotia base-metal explorer…


NSGold enters Mexico property deal

Vancouver – Launching only last autumn as a Nova Scotia-focused gold play, NSGold (NSX-V) has now entered into a definitive option agreement for 100% of the Dios Padre silver property in Mexico’s Sonora State.


EMED clears major permitting hurdle

Vancouver – After years of struggling through a bureaucratic, political and legal quagmire, Cyprus-based EMED Mining (EMD-T, EMED-L) finally looks to have production at its Spanish copper project within sight.



Ursa Major Minerals hits milestones

Since resuming mining a year ago from the West pit at its Shakespeare nickel-copper-PGM mine, which was closed in 2008 due to weak metal prices, Ursa Major Minerals (UMJ-T) has regained its momentum.


Mercator to buy Creston Moly for $195 million

Vancouver – Mercator Minerals (ML-T) has entered an agreement to buy Creston Moly (CMS-V) in a friendly merger with significant potential for synergies that values Creston at $195 million.


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