A $10 million private placement that closed on Nov. 1 gives strategic metals junior Largo Resources (LGO-V) the juice it needs to purchase the remaining 10% of the Maracas vanadium project in Brazil that it doesn’t already own.
Teck Resources (TCK-T, TCK-N) produced a record 99,000 tonnes of copper in the third quarter, up 29% year-on-year, but lower commodity prices and sale volumes for its steelmaking coal sent the miner’s adjusted net earnings down to $349…
Amerigo Resources (ARG-T), which continues to produce copper and molybdenum from the tailings of Codelco’s 108-year-old El Teniente mine in Chile, saw its shares rise after solid third-quarter production results.
Barrick Gold (ABX-T, ABX-N) has unveiled another disappointing quarter, where it continues to wrestle rising costs, project delays and shrinking profits, prompting investors that expected a better third quarter to drive down the stock.
Magellan Minerals (MNM-V) has completed a preliminary economic assessment (PEA) on its Coringa gold deposit in Brazil’s Tapajos province, suggesting strong economics to move the project to the feasibility stage, with a construction…
It’s been a busy second half of the financial season for Luna Gold (LGC-T).
Eldorado Gold (ELD-T, EGO-N) forecasts gold production this year from its operating mines in China, Turkey, Greece and Brazil will reach 660,000 ounces at cash operating costs of US$465 per oz.
Brazilian metals and energy tycoon Eike Batista has had his sights set on Colombia’s red-hot California gold district for well over a year. In February 2011, Batista’s EBX Group — through Canadian subsidiaries AUX — paid…
Toronto-based MBAC Fertilizer (MBC-T, MBCFF-O) has carved out a near-surface and high-grade rare earth oxide deposit that includes niobium and phosphate in the municipality of Araxa in Brazil’s Minas Gerais state and plans to complete a…
Malaga (MLG-T) shares lost a third of their value after the company suspended production at its Pasto Bueno tungsten plant in Peru, as it wrestles to keep costs down following a recent power outage at its underground operation.
Red Eagle Mining (RD-V) now has some deep pocketed investors believing in its ability to fast track its Santa Rosa gold project in Colombia into production.
VANCOUVER — Brazil’s metals and energy tycoon Eike Batista has had his sights set on Colombia’s red-hot California gold district for well over a year. Batista’s EBX Group — through Canadian subsidiaries AUX Acquisition…
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