Korean group partners with Baja to cover swelling costs at El Boleo
A South Korean group has agreed to kick in US$435 million to help develop Baja Mining’s (BAJ-T) El Boleo copper pro…
Copper
Ignore equipment manufacturers at your peril
Since the last commodity boom 20 years ago, underinvestment in mining equipment in countries such as the United Sta…
Coro moves ahead with San Jorge despite anti-acid law
Vancouver – Coro Mining (COP-T) is not letting a law banning the use of sulphuric acid impede progress at the compa…
European Minerals to merge with Lero Gold
In a stock transaction valued at about C$60 million, cash-poor European Minerals (EPM-T, EUM-L) is acquiring Lero G…
Murgor boasts 25.6 grams gold over 7 metres
Strong gold grades drove Murgor Resources (MGR-V) shares 48% higher today after the company released results from i…
Griffin Mining to take over Yukon Zinc
Vancouver – A Barbados-based company is taking over Yukon Zinc (YZC-V) to get its hands on the silver-rich polymeta…
First Quantum hopes to acquire Scandinavian Minerals
First Quantum Minerals (FM-T, FQM-L) plans to pick up Scandinavian Minerals (SGL-T) and its giant nickel deposit in…
Perseverance pays for Equinox at Lumwana
SITE VISIT Solwezi, Zambia — At Equinox Minerals’ (EQN-T, EQMIF-o) Lumwana copper project in northwestern Zambia, it’s all about scale and perseverance. “This is an earth-moving operation, more than a…
Hunter Dickinson, Goldbrook, team up
The Raglan district’s largest landholder, Goldbrook Ventures (GBK-V, GBKVF-O), is set to share its sizable swath of territory in northern Quebec with mining stalwart Hunter Dickinson.
Teck Cominco to buy Global Copper
Vancouver — In a deal valued at $425 million, Teck Cominco (TCK. B-T, TCK-n) is buying out Global Copper (GLQ-T, GOCPF-o) to get its hands on the Relincho project — an Andean porphyry-style copper-m…
Rockcliff drills copper-zinc at Rail property
Rockcliff Resources (RCR-V) has completed the first phase of drilling at the Rail base metal property, part of its Snow Lake project in central Manitoba. A total of 5,870 metres in 27 holes have been …
GobiMin posts 2007 results; dividends up 150%
It was a big year in China for Gobi- Min (GMN-V). The Canadian junior’s two operating nickel sulphide mines in northwestern Xinjiang province, which borders Tibet, drove revenues up nearly 100%.