August 7, 2012 Xstrata to create world’s biggest zinc mine Xstrata has approved a $360 million expansion for its McArthur River mine in Australia’s Northern Territory which will make the project the largest producer of zinc in the world.
August 7, 2012 Baja Mining signs second standstill agreement with lenders Among other requirements to keep the standstill from terminating, the Korean Consortium must acquire an additional 21% interest in MMB (for a total 51% interest) and control of MMB's board…
August 7, 2012 Kincora Copper intersects significant high grade copper at Bronze Fox and gold at Tourmaline Hills Results from the project, located 140 km northeast of Oyu Tolgoi, show an average copper grade across 180m of 0.5% Cu and 0.1 g/t Au.
August 7, 2012 Nautilus receives final proceeds from first tranche of private placement The 555,556 shares issued today completes the first tranche of a $34 million capital raise involving the issue of approximately 37.7 million shares at a share price of $0.90.
August 7, 2012 Anconia Resources begins drilling at its MARCE occurrence in Nunavut Territory The company has commenced a drilling program of up to 1500 meters, on the MARCE occurrence. The planned drill program will test the extent of the MARCE occurrence and conductor…
August 6, 2012 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…
August 6, 2012 Fatal clash over $80 a month mining wage strains Zambia China relations A Chinese supervisor died on Saturday after being hit by a trolley pushed at him at the Collum mine in Zambia during a dispute over minimum wages.
August 6, 2012 Commodities speculators lift wagers in longest streak on record Speculators increased wagers on commodities for an eighth consecutive week, the longest streak on record, just before a report on U.S. job growth sparked the biggest price rally in a…
August 6, 2012 HKEx’s LME takeover may boost China’s copper warehousing A number of questions remain, including whether the change in ownership will affect prices, particularly for copper, and whether HKEx overpaid for the 135-year-old bourse.
August 6, 2012 After burning fingers in Congo, First Quantum is going big in Zambia The Vancouver-based miner inked a deal with a Zambian firm for a new mine on Monday adding to its already ambitious expansion plans totalling $3.7 billion which includes building one…
Argentina’s cradle of Malbec wine is warming up to copper mining The San Jorge copper-gold project, controlled by Zug-based Zonda Metals, would be a first for Mendoza. December 18, 2025 | 10:49 am