Xstrata takes Tintaya
Swiss-based miner Xstrata (XSRAF-O, XTA-L) has agreed to buy the Tintaya copper mine in central Peru from Anglo-Aus…
Copper
Goldcorp triples Q1 net earnings despite lower production from Red Lake
Vancouver – Robust metal prices and the strong performance of the Alumbrera gold-copper mine allowed Goldcorp (G-T…
Mongolia drops a bombshell with new mining tax
Vancouver – From left field and late on a Friday night, Mongolia’s Parliament shocked western mineral explorers by …
PGM Ventures to reopen Spanish zinc-copper mine (May 15, 2006)
With a full feasibility study completed, new management appointed, most of the financing and permits getting lined up, and copper and zinc prices soaring, the key pieces are now falling into place for…
Goldman Sachs boosts stake in Frontera Copper
Vancouver — Goldman Sachs Group has issued another “early warning” report related to its increased ownership of Frontera Copper (FCC-T, FRCPF-O), an emerging copper producer developing the Piedras Ve…
Downside protection trims upside for Phelps Dodge
Vancouver — Taking the position that copper prices are currently in “uncharted territory,” Phelps Dodge (PD-N) defended a previous decision to put in place copper collars and put options that shaved…
Andacollo’s sulphides look profitable to Aur (May 15, 2006)
It’s been a long time coming, but a new bankable feasibility study of the underlying copper-sulphide mineralization at Aur Resources’ (AUR-T, AURRF-O) 9-year-old Andacollo copper-gold mine in Chile is…
Antofagasta gets Tethyan (May 15, 2006)
Shareholders of Tethyan Copper (TYCFF-O, TYC-A) have tendered about 96% of their shares to a takeover offer from Antofagasta (ANFGY-O, ANTO-L) that closed Friday….
On-site exploration yields high-grade zones for Imperial
Vancouver — A spring drilling campaign by Imperial Metals (III-T, IPMLF-O) has returned encouraging results from several zones near existing pits at the wholly owned Mount Polley copper-gold mine sit…
Bema sees losses up despite higher gold output
Vancouver – Record quarterly revenues and gold production was not enough to quell the red ink for Bema Gold (BGO-T,…
HudBay’s earnings soar
Significantly higher prices for its bread-and-butter metals saw HudBay Minerals (HBM-T, HBMFF-O) more than octuple …
Agnico-Eagle’s Q1 and LaRonde II
Agnico-Eagle Mines (AEM-T, AEM-N) continues to build on its impressive assets by confirming it will go ahead with i…