Molybedenum

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Pebble Mine gets referendum results on Tuesday

Michael Allan McCrae | October 2, 2011
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Northern Dynasty's proposed Pebble Mine hears from local residents on Tuesday when the results of a referendum will be announced.

Residents in southwest Alaska, the Lake and Peninsula Borough, are being asked to ban the granting of mine permits that could significantly impact salmon streams. While a successful referendum would be a set back to Pebble mine, the referendum results are not the last word. It is one of many decision points that the mine has to face. Regulatory bodies, the judiciary and other levels of government still have to weigh in.

  • Lumina Copper up 23 cents after announcing copper intersects at Taca Taca

    Michael Allan McCrae | September 11, 2011
    Argentina, map with flag,

    Lumina Copper (CVE:LCC) announced on Thursday intersects of 646 meters grading of .93% copper equivalent at the Taca Taca copper-gold-molybedenum project in Argentina. Lumina also reported drilling results of 2.69% copper equivalent in 50 meters of grading.

    Lumina was up 23 cents to 7.08 on Thursday. At the end of the week, was back down $6.71.

  • Government of Panama confirms commitment to Cobre Panama project

    Marketwire | March 24, 2011
    cobre_panama_inmet

    Inmet Mining Corporation (TSX:IMN) (Inmet) announced today that its wholly-owned subsidiary Minera Panama, S.A. (MPSA) has received a letter from His Excellency, the Minister of Industry and Commerce, Roberto Henriquez, that clarifies the Government of Panama's position on the recent repeal of Law 8 of 2011, making it clear that such repeal will not impact the development of mining projects in Panama, such as the Cobre Panama project, that currently have a contract law in place in respect of their concessions.

  • Hudbay raises Augusta Resource Corp stake to 14%

    Mineweb | March 22, 2011
    finance pen stocks mining

    Canadian base metals miner HudBay Minerals Inc raised its stake in Augusta Resource Corp to 14.3 percent by buying 5.4 million more shares in the company for C$21.3 million.

    HudBay now holds 20.2 million shares of Augusta Resource, up from about 14.8 million earlier, the company said on Monday.

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