As it works toward a resource update at the Red Chris mine, Newcrest Mining (TSX: NCM, ASX: NCM) has begun construction of the box cut for a new exploration decline at the copper-gold project, 80 km south of Dease Lake,…
New drill results from Newcrest Mining and Imperial Metals‘ Red Chris joint venture in British Columbia continue to confirm high-grade copper-gold mineralization in the East zone, which project operator Newcrest is evaluating as a potential underground block cave mining opportunity.…
Management moves announced this week include: Pamela White has been appointed corporate secretary of Bell Copper. Tony Barresi will become president and a director of Colorado Resources at the beginning of August. Barresi was previously president and a director of…
Exploration drilling has confirmed the continuity of high-grade mineralization at the Red Chris copper-gold mine in northwest British Columbia, 80 km south of Dease Lake and 1,700 km from Vancouver. The mine is a joint venture between Imperial Metals (TSX: III) and…
BRITISH COLUMBIA – Imperial Metals has released new results from drilling at the deep East zone at the Red Chris mine, 80 km south of Dease Lake, where it and 70% joint-venture partner Newcrest Mining are gathering data to support…
Imperial Metals’ sale of a 70% interest in the Red Chris copper-gold mine in B.C. has officially closed, with Australia’s Newcrest Mining now the operator of the asset. Newcrest paid US$804 million for its majority interest. The deal was first…
Australian gold producer St Barbara (ASX: SBM) is acquiring 100% of Canadian gold producer Atlantic Gold (TSXV: AGB) in a deal valued at $802 million. St Barbara’s offer represents a 41.1% premium to Atlantic’s closing share price on May 14 and a 40.8% premium…
BHP says it is stepping up its work to create an international and independent body to oversee integrity in the construction and operation of all tailings storage facilities across the industry. The Australian company is also calling for greater transparency…
Every mine and mill operator’s worst nightmare is the failure of a tailings dam. Vancouver’s Imperial Metals faced this catastrophe in 2014 at its Mount Polley copper-gold mine in British Columbia. Fortunately no one died. The company remediated the problem…
BRITISH COLUMBIA – Vancouver-based Imperial Metals Corp. says the low price of copper is responsible for its decision to suspend mining at its Mount Polley copper-gold project 55 km northeast of Williams Lake. Processing of low grade stockpiles will continue…
VANCOUVER – Imperial Metals (TSX: III) recorded a net loss in the third quarter of $28.6 million compared to a net loss of $1.6 million in the same quarter a year ago, with the increase primarily due to reduced income from…
Vice-president ‘Lyn Anglin speaks about the aftermath of the Mount Polley tailings spill