MINING.COM

Balmoral announces nickel-copper-PGE discovery at Grasset, Detour Gold Trend Project, Quebec

Balmoral Resources Ltd. (TSX VENTURE:BAR)(OTCQX:BALMF) ("Balmoral" or the "Company") today reported a new discovery of nickel-copper-platinum group metal mineralization on the Company's wholly owned Grasset Property.

Marketwire | May 25, 2012 | 5:42 am

Chinese consumption surprise sees copper price come roaring back

Goldman Sachs came out with a report showing Chinese copper usage in April came in at the second highest run rate on record.

Frik Els | May 25, 2012 | 12:31 am

Alaska mines and mineral prospects mapped

Alaska Dispatch has published an interactive map plotting Alaska's operating mines, active prospects and abandoned prospects.

MINING.com Editor | May 24, 2012 | 9:17 pm

Xstrata weighs political risk in Argentina before deciding on its $5.5 billion copper projects

Xstrata Plc (LON:XTA), the fourth largest copper producer in the world, said it is analyzing political risks in Argentina, where the company has two major copper projects on the go with an estimated investment of $5.5 billion.

Cecilia Jamasmie | May 24, 2012 | 2:40 pm

Codelco confident of reaching 2012 target despite Q1 drop

The world's top copper producer, Chile's Codelco, said on Wednesday its output fell 10 percent in the first quarter from a year earlier to 373,000 tonnes, but said it was on target to produce 1.708 million tonnes this year.

Mineweb | May 24, 2012 | 11:25 am

Newmont applies substantial cuts to investment in controversial $4.8 billion Conga project in Peru

World number two gold producer, Newmont Mining Corp. (NYSE:NEM), will spend $440 million on the controversial Conga mine project in Peru over the next 18 months, about two-thirds less than the $1.5 billion initially budgeted.

Cecilia Jamasmie | May 24, 2012 | 7:39 am

Asian Mineral Resources says no to Norilsk Nickel’s $22 million offer

Asian Mineral Resources' board is recommending that the shareholders turn down Norilsk Nickel's $22.3 million offer or 11 cents a share.

Michael Allan McCrae | May 23, 2012 | 10:10 pm

Copper ETFs: The horror! The horror!

A letter from US wire manufacturers to the SEC states this type of investment vehicle in copper would “grossly and artificially inflate prices” and “wreak havoc on the US and global economy”.

Frik Els | May 23, 2012 | 10:08 pm

GoldQuest reports drilling results from the Dominican Republic hole LTP 90: 231 metres grading 2.4 g/t gold including 160.3 metres grading 2.9 g/t gold and 0.62% copper

GoldQuest Mining Corp. (TSX VENTURE:GQC)(FRANKFURT:M1W)(BERLIN:M1W) is pleased to announce results from a 15 hole drill program at its 100-percent-owned Las Tres Palmas project, summarized in this release's Table 1.

Marketwire - Mining and Metals | May 23, 2012 | 8:15 pm

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Thor grows resource at flagship Australian project

OceanaGold cuts output targets for 2019 on Philippines mine halt

Chile’s Codelco says considering closure of coastal copper smelter

Newcrest greenlights first expansion phase of Cadia gold mine

Workers at Teck Resources’ Chile mine to go on strike

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