BHP turns to mediation to avoid strike at Escondida
BHP (ASX: BHP; LSE: BHP; NYSE: BHP) plans to request the Chilean government mediate in talks with union leaders at Escondida to avert a strike at the operation, the world’s…
Copper
Gold Fields buys into Torq’s copper project in Chile
Gold Fields (NYSE: GFI; JSE: GFI) may invest US$48 million to advance Torq Resources’ (TSXV: TORQ; OTC: TRBMF) early-stage Santa Cecilia copper-gold project in Chile, according to a preliminary joint venture agreement. …
Capstone Copper balances higher value, costs in updated Santo Domingo study
Capstone Copper (TSX: CS; ASX: CSC) increased the net present value of its fully-permitted Santo Domingo copper-iron-gold project in Chile by nearly a third while capital costs rose by more…
Video: Tough markets leading some juniors to pad project potential, Doug Silver warns
The quality of disclosures in junior mining – a sector that in the past was rife with shady stock promoters – has improved over the past four decades, says Douglas…
Site visit: Permit builds buyout promise at huge KSM gold-copper project, Seabridge says
Seabridge Gold (TSX: SEA; NYSE: SAKSM) has long been seen as a juicy takeover candidate for its huge KSM gold-copper deposit, but its remote, mountainous location in British Columbia, US$6.4-billion…
As majors thirst for copper, Filo bid premium seems awfully low
You might have seen the news: BHP (NYSE: BHP; LSE: BHP; ASX: BHP) has just made its next major copper grab. This time, it’s for the prized Filo del Sol…
Silvercorp drops objection to Adventus deal in wake of Ecuador court ruling
Silvercorp Metals (TSX: SVM; NYSE-AM: SVM) says it will proceed with its $200-million deal to acquire Adventus Mining (TSXV: ADZN), after a court challenge to the junior’s 75%-owned El Domo-Curipamba…
Video: Sandstorm Gold’s output set to double in five years, CEO says
Sandstorm Gold Royalties (TSX: SAND; NYSE: SAND) expects to double production to around 160,000 oz. gold yearly over the next five years, co-founder and CEO Nolan Watson said in an…
Rio Tinto open to major acquisitions to meet copper goals
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) said on Wednesday it would contemplate a significant copper acquisition if it added exceptional value, but noted that buying quality assets in…
BHP, Lundin grab Filo in US$3B South American copper deal
Mining giant BHP (NYSE: BHP; LSE: BHP; ASX: BHP) and Canada’s Lundin Mining (TSX: LUN) have teamed up to acquire South America-focused Filo Corp. (TSX: FIL), in a US$3-billion ($4.1…
Video: Mining faces cash crunch following decades of neglect, Grosskopf says
Undervaluation remains a persistent issue for mining companies, particularly juniors, compared to other sectors like technology and biotech, SCP Resource Finance chairman Peter Grosskopf said in an interview this month….
Eldorado inks deal to earn 80% of Newfoundland project
Eldorado Gold (TSX: ELD; NYSE: EGO) has inked an option deal with TRU Precious Metals (TSX: TRU) to acquire a major stake in the junior’s Golden Rose gold-copper project, in…