Stuhini tables resource estimate for Ruby Creek molybdenum deposit in BC

The investment will increase the mine's copper output by 45 percent by 2020, with the value of production exceeding $2 billion annually.

MINING.com discusses the state of private equity investment in mining with Michael Scherb founder of Appian Capital.

Province’s contribution to a clean energy future at risk unless changes are made.

The project joins two mines - one belonging to Goldcorp and the other to Teck Resources.

Healthy demand for molybdenum rich stainless steel, especially from the oil and gas industry, plus sluggish supply growth are expected to keep the price of this minor metal riding high.

Results from 11 of the 12 drilling rigs at its 85%-owned Cascabel copper-gold project, suggest there is much more intense mineralization in the property than thought earlier, the company said.

Environmental assessments already underway will continue under the current process.

The U.S. Army Corps of Engineers has accepted Pebble Limited Partnership’s wetlands-fill permit.

This is the second deal the Chilean miner signs with Vancouver-based Evrim Resource.