Posts Tagged ‘copper’

Shares in Nevun Resources Ltd. fell off the cliff this morning after the company issued a press release saying its 2012 production estimate from its Bisha copper-gold mine in Eritrea is half of what the mine produced in 2011. Full story

Unidentified gunmen have killed a police officer near the U.S. Full story

Hint of significant gold and copper deposits have been found in Rajasthan, Karnataka and Uttar Pradesh, with the gold reserves believed to be world class. Full story

Reuters reported that production of all main metals fell in Peru in 2011 from the previous year as depleted reserves and lower ore grades hit the major global producer. The mining ministry said that Peru yielded 1.2 million tonnes of the red metal in... Full story

Joe Mazumdar talks about why he sees mergers and acquisitions as key catalysts for a rebound in the junior gold space in 2012. Gold Report interview. Full story

CALGARY, Feb. 3, 2012 /CNW/ – Boxxer Gold Corp. (TSXV: BXX)(OTC: BXX) (Other-BXXRF) (“ Boxxer or the Company “) is pleased to provide an update on corporate activities on its now 100% owned Buena Vista copper-gold project in north central Nevada. Full story

VANCOUVER, BRITISH COLUMBIA–(Marketwire – Feb. 1, 2012) - NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR RELEASE TO U.S. NEWSWIRE SERVICES Brixton Metals Corporation (TSX VENTURE:BBB) (the “ Company ” or “ Brixton “) is pleased to announce that it has entered into an agreement to complete a brokered private placement financing (the “ Private Placement “), on a “best efforts” agency basis, ... Full story

MELBOURNE, AUSTRALIA–(Marketwire – Jan. 30, 2012) -  Robert Friedland, Chairman, and Peter Reeve, Chief Executive Officer of Ivanhoe Australia Limited (TSX:IVA)(ASX:IVA), are pleased to announce the appointment of UBS Investment Bank to assist the company in inviting and evaluating proposals from potential strategic partners in its Cloncurry project portfolio Full story

The native group opposing the Prosperity Mine in northern British Columbia has little faith in the just-launched federal environmental review of the project, CTV News reports. Chief Joe Alphonse, leader of the Tsilqhot’in National Government, told CTV the approval of Prosperity is “a foregone conclusion,” given the Harper government’s attitude towards hearings currently underway on the Northern Gateway oilsands pipeline: “We feel the writing’s ... Full story

Tiny Oman, the Sultanate perched on the southeast tip of the Arabian peninsula, is setting up for a quantum leap in mining, the Oman Daily Observer reports in a lengthy article published Saturday. Excerpts from the article: Oman’s 700km long and nearly 150km wide mountains contain the best exposed ophiolite suite of rocks, which are favourable for copper, gold, silver, chromite, lead and zinc. ... Full story