Volume 97 Number 50 Jan 30 - Feb 5, 2012

A bucket-wheel extractor at BHP Billiton's Spence copper mine in Chile. Photo by BHP Billiton

BHP boosts copper resources at Spence

Resources at BHP Billiton’s (BHP-N) Spence copper mine in northern Chile has grown by nearly 700%, following a four-year, US$30-million brownfield exploration program.

Facilities at Iamgold's Niobec niobium mine in 25 km northwest of Saguenay, Quebec. Photo by Iamgold

Iamgold sees capex rising

Iamgold (IMG-T, IAG-N) has reported production of 253,000 attributable gold oz. in the fourth quarter of 2011, the company’s best quarter of the year. Full-year production, including the company’s production from discontinued businesses, was…

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