Southern Copper plays white knight to Frontera Copper
Less than two months after the board of Frontera Copper Corp. (FCC-T, FRCPF-O) urged shareholders to reject an unso…
Copper
Sanu proves up VMS resource in Eritrea
Vancouver – After ten years in Eritrea Sanu Resources (SNU-V) has defined its first resource in the West African co…
Exeter releases Caspiche and Cerro Moro gold assays
Exeter Resource (XRC-V, XRA-X) has reported drilling results from its Caspiche gold-copper project and Cerro Moro…
Gold Hawk restructures debt
Shares of Gold Hawk Resources (CGK-V) bounced 75% today on news the junior had restructured its debt in the nick of…
$250M Loan Puts Katanga In Glencore’s Thrall
Faced with the mounting financial distress of Katanga Mining (KAT-T, KATFF-O), the company’s shareholders have agreed to let the world’s largest commodity trader step in.
African Copper Shuts Down Mowana
African Copper (ACU-T, ACU-L) is closing the doors on its Mowana copper mine in Botswana.
Anvil Rises On New Mining Contracts In DRC
VANCOUVER–The biggest copper producer in the Democratic Republic of the Congo (DRC) has finalized mining contract renegotiations for two of its three mining operations. After more than a year of disc…
El Nino Falls On Results From New DRC Project
VANCOUVER–The first full set of drill results from El Nino Ventures’ (ELN-V, ELNOF-O) Kasala copper discovery in the Democratic Republic of the Congo (DRC) left investors unimpressed: El Nino’s share…
Augusta Updates Rosemont Feasibility
An updated bankable feasibility study on the Rosemont copper-molybdenum project in Pima Cty., Ariz., has found that the proposed mine would have an after-tax net present value of 5%, or US$1.28 billio…
OSC Ruling Could Stymie HudBay-Lundin Deal
With one ruling from the Ontario Securities Commission (OSC), the futures of both HudBay Minerals (HBM-T, HBMFF-O) and Lundin Mining (LUN-T, LMC-N) have been drastically altered.
Hana Mining Hits Copper-Silver In Botswana
VANCOUVER–New results from the Ghanzi copper-silver project in Botswana show promising grades for owner Hana Mining (HMG-V).
Chilean Miner Buys Majority Stake In Explorator Chile
VANCOUVER — Explorator Resources (EXO-V, EXRAF-O) is selling a 51% stake in its Chilean subsidiary, Explorator Chile, to intermediate copper miner Sociedad Punta del Cobre (Pucobre) for a US$17-milli…