Turkish delight continues for Pilot Gold
VANCOUVER – A high-grade gold zone is emerging at the north end of Pilot Gold’s (PLG-V) TV Tower project in Turkey, complete with drill intervals that regularly contain visible gold.
Europe
EMED perseveres at Rio Tinto in Spain
The Rio Tinto copper mine in southwest Spain has been mined for thousands of years, and modernizing it might be a challenge.
EMED perseveres at Rio Tinto
Mining has been going on at the Rio Tinto copper mine in Spain for thousands of years, but that doesn’t mean molding it into its most modern incarnation is an easy task.
First Quantum offers $5.1B in sweetened bid for Inmet
First Quantum Minerals (FM-T, FQM-L) has stepped up its game for Inmet Mining (IMN-T) with a hostile $5.1-billion takeover offer in hopes of winning over Inmet shareholders after failing twice to entice the company’s board in recent…
Lundin slips on three-year output guidance
Toronto-based Lundin Mining (LUN-T) dropped slightly after publishing its three-year production outlook for 2013 to 2015, as it lowered its estimates for copper, zinc and nickel from its previous guidance, but managed to keep them above 2012…
Astur gets positive EIS in Spain
Shares of Astur Gold (AST-V) jumped 50% to $1.08 on news that the Asturian government had issued a positive environmental impact statement (EIS) on its 100%-owned Salave gold project in Spain, which the junior describes as one of the largest…
First Quantum produces first nickel at Kevitsa
First Quantum Minerals (FM-T, FQM-L) has started commercial production at its Kevitsa open-pit, nickel-copper mine in northern Finland. The wholly owned project is the company’s second major foray into nickel, following the 2011 relaunch…
Turkish assays delight Pilot Gold
Drill results from Pilot Gold’s (PLG-T) early stage joint-venture project with a Turkish subsidiary of Teck Resources (TCK.A-T, TCK.B-T, TCK-N) sent the junior explorer’s shares up 3.4% to $1.87 with 1.8 million…
Astur surges on EIS
Shares of Astur Gold (AST-V) jumped 50% to $1.08 on news that authorities in Spain had issued a positive Environmental Impact Statement on its 100%-owned Salave gold project, which the junior describes as one of the largest and highest grade…
[Update] Inmet rejects First Quantum’s takeover bid
Shares of Inmet Mining (IMN-T) are still climbing after it made two separate announcements yesterday, indicating it has turned down a second takeover bid from First Quantum Minerals (FM-T) and has adopted a shareholder…
Tirex scores mining licences at Mirdita VMS project in Albania
Vancouver-based explorer Tirex Resources (TXX-V) is making mining history in Albania. On Oct. 29, Tirex acquired 25-year mining licences that encompass six past-producing deposits in the Mirdita volcanogenic massive sulphide (VMS) district…
Slater talks early-mover status in Kazakhstan
VANCOUVER — Business partners Ian Slater and Robert Bell have had their sights set on potential mining plays in Kazakhstan since the country declared independence from the Soviet Union in the early 1990s. Roughly twenty years later, it…