Antofagasta plc

A worker handles drill rods at Duluth Metals and Antofagasta's Twin Metals copper-nickel-PGM project in Minnesota. Credit: Duluth Metals

Price tag for Duluth’s Twin Metals nears US$3B

The release of a prefeasibility study estimating that its Twin Metals copper-nickel-platinum group metals joint-venture project would cost US$2.8 billion to build sent Duluth Metals (TSX: DM; USOTC: DULMF) shares tumbling by more than 25%.



Duluth Metals senior vice-president of exploration Dean Peterson at the Twin Metals polymetallic project in Minnesota. Credit: Duluth Metals

Duluth sees nickel upside at Twin Metals

VANCOUVER — It’s been a long road for junior Duluth Metals (TSX: DM; US-OTC: DULMF) on the northern edge of Minnesota’s prolific Iron Range, but it looks like development at the company’s Twin Metals joint venture…



From left: Eurasian Minerals geologist Stefano Gialli, general manager of exploration Eric Jensen, logistics coordinator Anders Norrbck and project marketing manager Chris Greenhoot at the Gumsberg copper-gold project in Sweden. Photo by Gwen Preston.

Eurasian seeks IOCG in Sweden

KIRUNA, SWEDEN — Eurasian Minerals (TSXV: EMX; NYSE-MKT: EMXX) is a prospect generator. The company takes its prime assets — deep geological expertise and skill navigating difficult socio-political settings  — to…


Geologist Edwin Mayta (right) at Panoro Minerals' Cotabambas copper project, 50 km west of Cuzco. Credit: Panoro Minerals

Panoro looks forward to ‘transformational year’

Luquman Shaheen, the CEO of Panoro Minerals (TSXV: PML; US-OTC: POROF), remains upbeat and optimistic about the prospects of the company’s Cotabambas copper–gold–silver–molybdenum project and Antilla…


At Eurasian Minerals' Alankoy gold-copper project in Turkey, from left: geologist Halil Aydincak, geologist Alper Ozbek, director of investor relations Scott Close and general manager of exploration Eric Jensen. Photo by Salma Tarikh.

Eurasian pushes ahead in Turkey

ISTANBUL, TURKEY — Eurasian Minerals (TSXV: EMX; NYSE-MKT: EMXX) started exploring Turkey’s Western Anatolia and Eastern Pontides mineral belts for gold and silver, as well as porphyry copper targets, more than a decade ago,…


BHP Billiton's majority-owned Escondida copper mine in northern Chile's Atacama desert. Source: BHP Billiton

Chile’s mining challenges

VANCOUVER — As the world’s largest copper producer and a top-five producer of molybdenum and silver, Chile is a mining powerhouse. And with more than $70 billion in mining investment expected to lift copper production by 45% over…


Partners prove up copper potential at Pyramid project

VANCOUVER — It took less than three years and only 30 holes for Full Metal Minerals (FMM-V) and Antofagasta (ANTO-L) to define a resource at their Pyramid project in Alaska that contains more than 1.3 billion lb. copper, as well as…


All smiles at Panoro Minerals' Cotabambas copper project in Peru, from left: Yves Barsimantov, vice-president of operations; a local employee; David Huber, CFO; Luquman Shaheen, CEO; and Adriana Luque, community relations manager. Photo by Matthew Keevil

Panoro on track at Cotabambas

CUSCO, PERU — With a large copper-gold-silver resource in its pocket at the Cotabambas project in the Peruvian Andes, Vancouver-based explorer Panoro Minerals (PML-V) is viewing 2013 as a turning point that could see the company…


Duluth, Antofagasta go big on the South Kawishiwi

Toronto-based Duluth Metals (DM-T) and 40% joint-venture partner Antofagasta (ANTO-L) can claim to hold one of the largest pollymetallic sulphide deposits following a resource update on the Twin Metals project near Ely, Minn. Duluth announced…


McEwen doubles resource at Los Azules

Indicated resources have more than doubled to 4.6 billion pounds of copper at McEwen Mining’s (MUX-T, MUX-N) Los Azules project in Argentina, while inferred resources have jumped 4% to 10.8 billion pounds of copper.


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