Mitsubishi Materials Corp. declared that it will join Copper Mountain Mining Corp. of Canada in redeveloping a Similco copper mine in western Canada. For full story, click here
Continue reading "DJ Mitsubishi Materials will join Canada Copper Mining Project"
Monday, June 8, 2009
OZ Minerals declared that it has rejected a $1.2 billion recapitalization plan prepared by RFC Group, Royal Bank of Canada and other institutions and aims to sell assets to China Minmetals Group. For full story, click here
Continue reading "Oz Minerals have rejected refinancing proposal"
Friday, May 15, 2009
Canada’s Anvil Mining Ltd. swung to a quarterly loss as the copper and silver producer declared a 98 percent drop in revenue due to lower output, one-off charges and suspension of operations at some mines. For full story, click here
Continue reading "Anvil Mining posted Q1 loss as revenue sinks"
Monday, May 11, 2009
Canada’s First Quantum Minerals has planned to restart copper output at its closed Bwana Mkubwa processing plant once it receives the go-ahead to open a new mine in central Zambia. For full story, click here
Continue reading "First Quantum Minerals has planned to revive Zambian Copper plant"
Friday, May 8, 2009
Canada’s Northgate Minerals Corp. has declared a better-than-expected quarterly profit, driven by higher production of copper and gold. For full story, click here
Continue reading "Canada's Northgate Minerals Q1 profit better than expected"
Monday, April 27, 2009
Indian mining giant Vedanta Resources Plc. announced that it has taken a stake of nearly 10 percent in Canada’s HudBay Minerals Inc. For full story, click here
Continue reading "Lakomasko takes over 10 percent stake in Hudbay"
Tuesday, January 20, 2009
Xstrata Plc said it will continue the shutdown of its Falcondo ferronickel operations in the Dominican Republic. For full story, click here
Continue reading "Xstrata Plc's plans for its Dominican Republic operations"
Friday, October 17, 2008
Probe Mines Limited has begun sampling of their remaining peridotite found on the McFaulds West property. The preliminary assay results for the McFauld’s West core samples are very encouraging and suggest that the peridotite on the McFauld’s West property has the potential to host PGE mineralization in addition to other metals, such as nickel [...]
Continue reading "Probe Mines Exploration Update"
Friday, October 17, 2008
Alexis Minerals Corporation has discovered copper-rich massive sulphide zones in the Louvicourt Mine in Val D’Or, Quebec. The massive sulphide horizon sits directly above a substantial 54.0 metre-wide, alteration and copper-rich stringer sulphide zone in a classical association that characterizes many Volcanogenic Massive Sulphide (VMS) Deposits in the region. Find the complete article here. [...]
Continue reading "Alexis Discovers Copper-Rich Zones"
Thursday, October 16, 2008
International Millenium Mining Corp had disappointing drill results from their Cobalt, Ontario property. While good copper mineralization was found near the surface mineralization levels were not at a level worthy of extended drilling. What encouragement there was, came in the form of sphalerite present in most of holes in the southern part of the grid [...]
Continue reading "Disappointing Drill Results in Ontario"
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Sunday, August 2, 2009