Copper Company News Directory

Ivanhoe Mines Will Meet With DRC Government to Discuss Zijin Deal

Reuters reported that Ivanhoe Mines (TSX:IVN) intends to meet with the government of the Democratic Republic of Congo (DRC) to speak about the sale of 49.5 percent of its Kamoa copper project to China's Zijin Mining. The deal was announced Tuesday, but the government has said it was unaware of the transaction.

Nevada Copper Feasibility Study for Pumpkin Hollow: 15.5% IRR After-tax, 4.9 Year Payback

Nevada Copper Corp. (TSX:NCU) released its National Instrument 43-101 Technical Report Integrated Feasibility Study for its Pumpkin Hollow Copper Project near Yerington, Nevada. The Study indicates a mine life of 23 years; significant LOM metal production of 4.5 billion pounds of copper, 512,000 ounces of gold and 15.6 million ounces of silver in a quality copper concentrate; and an initial capital cost estimated at $1.07 billion.

Anfield Resources Clarifies Disclosure

Anfield Resources (TSXV:ARY,OTCQB:ANLDF,FWB:0AD) clarified disclosure of a Mineral Resource Estimate for its Velvet-Wood mineral property. Anfield failed to disclose the measured and indicated classes separately as required by NI 43-101 and omitted the tonnage. In its news releases, Anfield also reported historical mineral resource estimates for the Frank M mineral property and tailings estimates that did not include information and cautionary language required by NI 43-101.