Analysts see quiet copper market in 2014
VANCOUVER – Increasing mine supply, limited demand increase, and concentrate stockpiles in China have analysts predicting a subdued year for copper in 2014.
Canadian Mining Journal Staff
Posts by Canadian Mining Journal Staff:
SILVER: Fourth deposit found at Homestake Ridge
BRITISH COLUMBIA – Homestake Resource Corp. of Vancouver has wrapped up the season's drilling at its Homestake Ridge silver project 32 km southeast of Stewart with the discovery of a fourth mineralized zone. The latest bonanza silver...
COPPER-GOLD: Turquoise Hill makes $2.4B rights offering
VANCOUVER – Turquoise Hill Resources has filed the final prospectus in the relevant jurisdictions for a US$2.4 billion rights offering. The net proceeds will repay the outstanding amounts of the company's interim funding facility and its...
TIRES: Immersive Technologies mining customers report 10.4% boost to tire life
AUSTRALIA - Tires represent a significant expense in a mining operation and are a powerful area for cost containment. Maximizing tire life increases machine availability and proactively addresses issues like global tire shortages. Immersive...
Prophecy Platinum reports half-mile of continuous mineralization
Picture seven football fields in a row of continuous mineralization and that's the width of platinum group metal mineralization intercepted in a single drill hole at Prophecy Platinum's (TSXV: NKL; US-OTC: PNIKF) Wellgreen PGM-nickel-copper...
OIL SANDS: Suncor puts 2014 capex at $7.8 billion
CALGARY – Suncor Energy has announced $7.80 billion in capital spending for 2014 to boost production to 610,000 bbl of oil equivalent from 565,000 bbl. The money earmarked for the oil sands will increase production 14% to offset the sale...
TITANIUM: Argex orders long lead time items for Valleyfield plant
QUEBEC – Argex Titanium of Montreal has begun preliminary engineering work with vendors for the longest lead time items for its commercial sized titanium dioxide facility in Valleyfield.
ZINC-LEAD: Trevali presses ahead at Halfmile, Stratmat properties
NEW BRUNSWICK – Vancouver-based Trevali Mining Corp. is working on several programs at its Halfmile and Stratmat polymetallic deposits in the Bathurst mining camp. It is drilling, conducting environmental studies, working on an...
GOLD: Alexandria expands Akasaba West zone
QUEBEC – Alexandria Minerals Corp. of Toronto has extended the West zone at its Akasaba project near Val d'Or by 100 metres below the current resource based on step-out drilling. Hole IAX-13-238 returned 112.80 metres grading 0.37 g/t Au...
Atico becomes a producer in Colombia
Atico Mining Corp. (TSXV: ATY; US-OTC: ATCMF) officially made the leap from explorer to producer today after completing its option agreement to acquire 90% of the El Roble mine – the only copper mine in production in Colombia.
COMMENT: Cliffs abandons Ring of Fire
Cliffs Natural Resources, the American miner that was so hot to gain control of chromite deposits in Ontario's Ring of Fire, is packing up and going home.
NICKEL-COPPER-PGM: Noront reaffirms commitment to Ring of Fire
ONTARIO – Toronto-based Noront Resources has quietly reaffirmed its plans for the Eagle's Nest nickel-copper-platinum group metals mine in the Ring of Fire. The company remains on track to deliver its environmental assessment by the end...
Artemis advances Blackwater mine with start of ore milling
Artemis Gold (TSXV: ARTG) announced that commissioning of the grinding circuit at the Blackwater Mine has advanced and the company has commenced milling […]