Molybdenum
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The curious case of the missing Chinese mining billionaire
Chairman of mining group Hanlong, Liu Han's disappearance also highlights the dangers faced by Western firms trying to do business with Chinese tycoons.
Avanti fights back after Nisga’a look to halt mine restart
Move could impede the Kitsault molybdenum mine.
Thompson Creek writes down $530m of Endako mine
Company posts fourth quarter loss.
BC environmental assessment process raises questions
In September 2011, British Columbia Premier Christy Clark laid out an agenda to spur job creation in the province. As part of her plan, she promised 17 new or expanded mines in BC by 2015. However, a recent decision to …
VIDEO: Gold, silver producers take advantage of soft market to rework contracts and drive down costs
"There is a loyalty improvement, which is great for the industry."
Codelco's profit jumped 27% thanks to deal with Anglo
Chilean state-own Codelco, the world's largest copper producer, said Thursday its January-September profits climbed 27% compared to the same period last year, thanks mainly to the settlement of a heated legal dispute over a copper mine with diversified miner Anglo American (LON:ALL).
Canada’s Teck Resources knocked down by global economic grief
Teck Resources Ltd. (TSX:TCK.B and TCK.A),(NYSE:TCK) said Wednesday it is deferring about $1.5-billion in capital it had expected to spend this year and in 2013, adding its third quarter profit dropped by more than half.
Lumina Copper not ready for a takeover this year
Canadian Lumina Copper Corp. (CVE:LCC) fell 8.5% Tuesday after the company hinted its expected sale will have to wait as it plans to carry a study at its Taca Taca massive copper/gold/molybdenum deposit in Argentina.
Augusta Resources off to the races after environment permit granted for massive Tucson copper mine
Augusta Resource jumped more than 10% on Monday after announcing it has received an air quality permit for its Rosemont mine in Arizona which could by itself account for about 10% of annual US copper output once in production in 2015.
Teck Resources down 5% after profits more than halve
The diversified miner suffered lower realized prices across the board with copper down 14% to $3.57 a pound, its realized coal price was 26% below Q2 2011 at $202 a tonne. Zinc (-15%), silver (-24%), lead (-22%) and molybdenum (-18%) prices all declined.
WTO probe ratchets up rare earth tensions with China
The World Trade Organization will investigate China's quotas and tariffs on rare earth minerals following prompting from the US, EU and Japan, who allege the export restrictions are in contravention of international trade regulations.
Pebble mine: 'If God were testing us, he couldn't have found a more challenging place'
Arguably the richest prize in mining, the Pebble project pits a watershed where up to 40 million salmon spawn each year against copper and gold reserves worth as much as $500 billion according to a new documentary.
Chile’s largest open pit copper mine goes underground
Chile’s largest open pit copper mine, Chuquicamata, has officially started its conversion towards underground mining. The project will cost Codelco over $2 billion in the preliminary phase but will substantially increase production and extend the mine's lifespan.
Cooling equipment to help companies be more profitable and environmentally friendly
Ontario-based MFS Systems (2007) Inc. said its cooling equipment could help large companies such as Chile’s copper producer Codelco and molybdenum processor Molymet increase their profits while maintaining high environmental standards.
Chile’s Codelco to invest $400 million in molybdenum plant
Chile-owned copper giant Codelco plans to invest $400 million in a molybdenum processing plant and to maximize its market value amid a legal dispute with global miner Anglo American.
Rio Tinto invests $600 million to extend life of Utah copper mine
Rio Tinto Copper's Chief Executive, Andrew Harding, said the investment will secure low cost copper, gold and molybdenum production for the company in next two decades.
Lumina Copper discovers two new copper mineralized zones at Taca Taca
Already with massive copper, gold and molybdenum deposit in Argentina, Lumina Copper now has two new copper mineralized zones.
Northern Dynasty comments at public hearings on the EPA's draft Bristol Bay Watershed Assessment Report
My name is Sean Magee, and I'm here today on behalf of Northern Dynasty Minerals – a 50% owner of the Pebble Project.
OZ Minerals inks $90 million deal for copper-moly mine in Chile
Australian copper producer OZ Minerals has struck a deal with Canada's International PBX Ventures for a 90% interest in the Copaquire copper-molybdenum property in Chile.
BC mining industry earned extra $2 billion in 2011 on strength of coal, silver
The mining industry in British Columbia produced some healthy numbers in 2011, buoyed by high commodity prices and continued growth in mineral exploration, according to PwC’s annual BC Mining Survey.
Northern Dynasty confirms $107 million work program to prepare Pebble Project for permitting in 2012
Northern Dynasty Minerals Ltd. ("Northern Dynasty" or the "Company") (TSX: NDM; NYSE Amex: NAK) announces that the Board of Directors of Pebble Mines Corp., the general partner of the Pebble Limited Partnership (the "Pebble Partnership" or "PLP") has approved a budget of approximately US $107 million to advance the Pebble Project in 2012, with the objective of readying PLP to initiate permitting under the National Environmental Policy Act (NEPA) toward the end of the year.
Canadian Inmet set to kick off construction at Cobre Panama
Inmet Mining Corporation (TSX:IMN) has launched a $1 billion senior unsecured notes offering as part of a total finance plan for the $6.18 billion copper/gold/molybdenum project Cobre Panama.
Teck files environmental assessment for Chilean project
Teck Resources' epic $5.6 billion Quebrada Blanca copper-molybdenum mine expansion has taken another step ahead.
Record revenues for Teck despite lower metals prices
Teck Resources fought against lower metals prices to post record revenues for the first quarter.
Avanti pops 20% after securing $640 million loan for moly mine
Avanti shares rose 20% Thursday after the Vancouver company secured $640 million in financing for its Kitsault molybdenum mine.
Thompson Creek Announces Completion of the Endako Mill Expansion Project and Preliminary First Quarter 2012 Production and Cash Cost Results
Thompson Creek Metals Company Inc. (the "Company" or "Thompson Creek"), a growing, diversified, North American mining company, today announced the completion of the mill expansion project at the Endako mine.
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