The Vancouver-based company plans to complete 6,000 metres of additional drilling at Filo del Sol, its flagship project.
Copper Mining News
Auryn Resources will use the C$41 million for 55,000m of exploration drilling across six gold-copper-silver projects in Canada and Peru this year.
Any re-instatement of sanctions will, if at all, pose minimal additional hurdles to new investors, BMI Research says.
It was an up and down year for commodities, but things ultimately finished in the black.
In a final report, the agency acknowledges that concentrations of some metals at the Animas river following the spill were higher than historical mine drainage.
The Swiss firm already has a 69% stake in the DRC mine, which jointly owns with Israeli mining tycoon Dan Gertler.
With only a couple of exceptions, metal and mineral prices rallied in 2016 – see at a glance how far the industry has come.
Congress has now the power to kill in one fell swoop dozens of regulations and executive orders recently issued by President Barack Obama.
Australian researchers say acacia trees and termites that thrive in arid climate conditions can guide explorers towards rich gold deposits.
The global mining industry rebounded from multi-year lows in 2016 – MINING.com's most popular posts of the year tell the story.
The EMR Capital private equity firm run by Owen Hegarty has agreed to buy the Golden Grove copper and zinc mine in Western Australia from MMG for $US210 million ($291m), giving Mr Hegarty control of the mine for a second time.
Freeport-McMorRan (NYSE:FCX) has divested another portion of its substantial oil and gas assets as the number one publicly-held copper producer continues on a path of debt reduction.
The US stock markets spectacularly defied the odds in 2016, soaring after both the UK’s Brexit vote and US presidential election.
One of Russia's largest mining companies has dropped a stash of roubles on copper concentrate that dates back to the Cold War.
Mickey shares what indicators he uses to guide the health of the economy and what those indicators are conveying.
Aurico Metals (TSX:AMI) has added to its royalty portfolio and flagship B.C. asset through the acquisition of Kiska Metals Corporation (TSXV:KSK).
Northern Dynasty Minerals Ltd. expects the U.S. Environmental Protection Agency to announce in the first quarter of 2017 that it will let the application process proceed for the controversial project.
Turnaround in GDP expansion in world's top commodity consumer over the past few months "almost as sharp as in 2009" says new study.
“ Canada is looked to as a leader in mineral exploration and development,”
Congolese security forces accused of shooting civilians in the southern city of Lubumbashi.
When a mineral processing plant runs out of ore near by, its days are numbered. The capital equipment often becomes nothing more than a tax write-off. The businesses and people that depend on servicing the plant suffer. The continent is littered with ghost towns from booms that went bust.
Commodity price recovery; King Coal on the way out; mining tech on the way in — among the most covered issues this year.
Gold Reserve says initial $300m payment from Venezuela government under $770m copper-gold project seizure settlement "expected in the next few days."
This as the creature lays its eggs on the dead stalks of sponges, attached to rocky crusts, which are rich in metals like manganese.
Profit-takers push copper price down more than 3%.