New Loz Azules PEA lifts Minera Andes
Vancouver – Metal prices can make or break a project, and in the case of Minera Andes’ (MAI-T) Los Azules project a stronger copper price has dramatically increased the potential mine’s value.
Copper
Creston boosts NPV at El Creston (December 17, 2010)
Vancouver – A year of drilling and metallurgical work has given Creston Moly (CMS-V) a big bump in the net present value for its El Creston molybdenum deposit in Mexico.
Long copper-gold hit at Taysan for Crazy Horse (December 14, 2010)
Vancouver – Crazy Horse Resources (CZH-V) has intersected almost half a kilometer of mineralization in just its second hole at the Taysan copper-gold project in the Philippines.
Oyu Tolgoi back on track with Ivanhoe-Rio deal (December 09, 2010)
Vancouver – Ending a potentially nasty arbitration proceeding and ensuring full financing to complete development of one of the largest mines in the world, the Oyu Tolgoi partners have signed a deal that gives Ivanhoe Mines (IVN-T) access to as…
Ratel Gold looking to be a King-King maker
Vancouver – For the second time this year, the people behind CGA Mining (CGA-T, CGX-A) are spinning off African assets to concentrate on the Philippines.
Estrella strikes strategic exploration alliance with Cliffs Natural Resources
Estrella Gold (est-v) is partnering up with Cliffs Natural Resources (clf-n) to explore for iron-oxide copper-gold targets in southern Peru. The pair has struck a two-year strategic alliance agreement, under which Cliffs has agreed to fund…
Castle Resources finds more copper below mined-out ore bodies at Granduc
Toronto-based junior Castle Resources (CRI-V) wants to redevelop the past-producing Granduc copper mine near Stewart, British Columbia, which produced 420 million pounds of copper plus gold and silver credits between 1971 and 1984.
Explorator probes copper-gold mantos at El Espino (November 26, 2010)
Vancouver – Explorator Resources’ (EXO-V) 23,000-metre drill program at its joint-ventured El Espino project in Chile is showing that the historic mines scattered across the property may have only scratched the surface of its copper-gold…
Puma hits copper in New Brunswick (November 24, 2010)
Early results from Puma Exploration (PUM-V) Turgeon project in New Brunswick look promising, even though the market didn’t react with initial enthusiasm.
Vale outlines some of its net benefit to Canada
Vale (VALE-N) says it will close its smelting and refining operations in Manitoba by 2015 because “mineral reserves in Thompson have not been sufficient to operate the smelter and refinery at full capacity for some time.”
Imperial updates Red Chris feasibility study (November 18, 2010)
Vancouver – An updated feasibility study for Imperial Metals’ (III-T) Red Chris project in northwest British Columbia says a $443-million investment would build a mine able to produce 74 million lbs. copper and 47,000 oz. gold annually for 28…
Silvore Fox Minerals inks strategic agreement with Chinese
A private placement earlier this year, in which Sino Minerals Corp., formerly China Nonferrous Metals Exploration, took a 35.09% equity stake in Nova Scotia-based Silvore Fox Minerals (SFX-V), is starting to pay dividends.