June 17, 2011 HudBay Minerals Intersects 2.4% Copper Equivalent Over 120 Meters at Constancia’s Pampacancha Deposit HudBay Minerals Inc. ("HudBay", the "company") (TSX:HBM)(NYSE:HBM) today announced exploration results from the Pampacancha zone at the company's Constancia project in Peru. Hole PO-11-072 intersected two main intervals of mineralization,…
June 17, 2011 Lumina Copper Corp. and Lumina Royalty Corp. Announce Closing of Arrangement Lumina Copper and Lumina Royalty announced that they have closed their previously announced arrangement. Under the terms of a statutory plan of arrangement which received shareholder approval on June 7,…
June 17, 2011 Belgium’s Nyrstar makes friendly C$619mn all-cash bid for Canada’s Breakwater After talks began last September and no other offers materialized, Canadian zinc miner Breakwater Resources (TSX: BWR) announced early Wednesday that it had accepted Belgium based metals producer Nyrstar NV…
June 17, 2011 Tax issues at Konkola Copper Mines, First Quantum – Zambian Finance Minister Zambia's finance minister said on Thursday that audits had highlighted tax "issues" with Konkola Copper Mines (KCM), owned by London-listed Vedanta Resources (VED.L:Quote), and Canada's First Quantum Minerals (FM.TO: Quote)…
June 17, 2011 Baja says Boleo project on schedule Mining Weekly reported that Baja Mining’s (TSE:BAJ) copper/cobalt/zinc project in Mexico is progressing on schedule. The market news is quoted as saying: “The Boleo project is currently meeting its scheduled…
June 17, 2011 Fjordland: Drilling at Woodjam South yields 349.3 m grading 0.36% copper, 0.05 g/t gold and 0.006% molybdenum Fjordland Exploration Inc. (TSX VENTURE:FEX) and Cariboo Rose Resources Ltd. (TSX VENTURE:CRB), 60%-40% partners in the Woodjam Joint Venture ("WJV"), report that Gold Fields Limited's (NYSE:GFI) exploration company, Gold Fields…
June 17, 2011 Demand destruction looms to hit gold and base metals in H2 2011 After an unrivalled rally, commodity prices are likely to soften during the second half of the year, according to Bank of America Merrill Lynch. At a seminar in London on…
June 16, 2011 Gold Mining in Eritrea Gold miners are expanding their focus in Africa to the northeast of the continent, a region that in the past, was largely bypassed by gold explorers. Northeast Africa already has…
June 16, 2011 Heatherdale closes $9.3 million financing Heatherdale Resources announced that it has closed the previously announced non-brokered private placement of 11,314,255 units of its capital at a price of $0.83 per unit for gross cash proceeds…
June 16, 2011 Peru miners want proposed tax based on profits Top miners in Peru expect to have to pay a new tax on windfall profits proposed by President-elect Ollanta Humala, but on Wednesday urged the incoming government to refrain from…
Gabon to audit mining deals as reforms start amid IMF talks As part of discussions with the multilateral lender, President Brice Oligui Nguema “has demanded the full publication of all mining agreements". December 19, 2025 | 10:51 am