Canadian Mining Journal


Copper


  • News

    BASE METALS: Anglo pulls support from Nautilus’ Solwara 1 project

    May 7, 2018 by Canadian Mining Journal

    PAPUA NEW GUINEA – A day before its May 8 annual meeting, Anglo American said it is pulling out of the Solwara 1 deep ocean mining project run by Nautilus Minerals of Toronto. Nautilus has held exploration licences for polymetallic

  • News

    NICKEL: Vale to lay off 169 in Thompson

    April 26, 2018 by Canadian Mining Journal

    MANITOBA – As the summer shut down of its Manitoba smelting and refining operations looms, Vale has announced the layoff of 169 employees in Thompson, 650 km north of Winnipeg. The public has known of plans to cease operations on

  • COAL-COPPER-ZINC: Teck Q1 profit up sharply to $753M

    April 25, 2018 by Canadian Mining Journal

    VANCOUVER – Strong commodity prices lifted Teck Resources first quarter revenues to $3.09 billion, compared to $2.85 billion in Q1  2017. The company recorded an adjusted profit for Q1 2018 of $753 million or $1.31 per share. Compare that to

  • News

    NICKEL-COPPER-PGM: Nickel Creek presses on with mini-pilot tests of Nickel Shaw samples

    April 25, 2018 by Canadian Mining Journal

    YUKON – Toronto-based Nickel Creek Platinum (formerly Wellgreen Platinum) is moving into phase 2 of its metallurgical testing program on samples from the Nickel Shaw nickel-platinum group metals project 317 km northwest of Whitehorse. The second phase involves the use

  • GOLD: Barrick reports Q1 net earnings of $170M

    April 24, 2018 by Canadian Mining Journal

    TORONTO – Barrick Gold has reported first quarter adjusted net earnings of $170 million (all U.S. dollars) on revenues of $1.8 billion for the period. The company’s operating cash flow was $507 million and free cash flow was $181 million.

  • News

    PLATINUM GROUP: Shaft 1 at Ivanhoe’s Platreef reaches 750 metres

    April 23, 2018 by Ivanhoe, Platreef

    SOUTH AFRICA – Vancouver-based Ivanhoe Mines says the fist shaft at its Platreef PGM-nickel-copper mine 280 km northeast of Johannesburg has reached the 750 metre level. A station is to be built at this level to provide access for initial

  • News

    NICKEL-COPPER: Garibaldi raises $10M for E&L exploration

    April 17, 2018 by Canadian Mining Journal

    BRITISH COLUMBIA – Garibaldi Resources of Vancouver is raising a little bit more than $10 million through a non-brokered private placement of flow-through shares. The company will issue 3 million shares at a price of $3.35 per share. Proceeds from

  • News

    Global Copper Snapshot: Firms exploring, developing the next generation of copper assets

    April 17, 2018 by Canadian Mining Journal

    While gold draws the lion’s share of attention amongst the world’s mineral explorers and developers, the steady rise in copper prices has helped the junior copper subsector blossom, ranging from grassroots explorers to intermediate miners. Below are examples of eight

  • News

    Nevsun completes prefeasibility at Timok

    April 16, 2018 by Canadian Mining Journal

    Nevsun Resources (TSX: NSU; NYSE-AM: NSU) has a busy year ahead. In early April, the mid-tier base metals company released a prefeasibility study for the Cukaru Peki Upper Zone, part of its 213 sq. km Timok copper-gold project near Bor, Serbia.

  • News

    Trilogy notches PFS milestone on journey to develop Ambler mining district

    April 11, 2018 by Canadian Mining Journal

    Trilogy Metals Inc. (TSX/NYSE American: TMQ) has tabled results from a positive pre-feasibility study (PFS) for its polymetallic Arctic deposit, which is part of its larger land holdings in the Ambler Mining District in northwestern Alaska. A proposed mine at Arctic

  • News

    SolGold steps up drilling campaign in Ecuador

    April 10, 2018 by Canadian Mining Journal

      With about US$90 million in the bank and plenty of ground still to explore, Brisbane-based SolGold (TSX: SOLG; US-OTC: SLGGF) has embarked on a 120,000 metre, 12-drill program at its Cascabel copper-gold project in northern Ecuador. The main purpose of the

  • News

    COBALT-GOLD-BISMUTH: Tlicho all-season road given approval

    April 4, 2018 by Canadian Mining Journal

    NORTHWEST TERRITORIES – Fortune Minerals of London, Ont., says the Mackenzie Valley Environmental Impact Review Board has recommended that the Tlicho all-season road be approved, subject to certain conditions. The road will stretch 97 km between the town of Whati