Freeport shares drop after quarterly profit misses expectations

Lions Gate Metals Inc. (TSX VENTURE:LGM) (“LGM” or the “Company”) is pleased to announce that, further to its press release of March […]

Northern Dynasty said on Wednesday that Wardrop completed a positive preliminary assessment report for the Pebble copper-gold-molybdenum project in Southwestern Alaska. "For the Pebble Project, the 45-year Reference Case yields a 14.2% pre-tax IRR, a 6.2-year payback on initial capital investment of $4.7 billion and a $6.1 billion pre-tax NPV at a 7% discount rate and long-term metal prices. At current prevailing metal prices, the 45-year Reference Case yields a 23.2% pre-tax IRR, a 3.2-year payback on initial capital investment and a $15.7 billion pre-tax NPV at a 7% discount rate."

Phoenix-based Southern Copper, a subsidiary of Mexican conglomerate Grupo Mexico, Wednesday reported increased molybdenum production in 2010, while copper, zinc, and silver […]

Moly Mines Ltd. announced on Sunday that it received a commitment letter from the China Development Bank for US$250 million to be […]

Phoenix-based Freeport-McMoRan has reported reserves of 120.5 billion pounds of copper, 35.3 million ounces of gold, and 3.39 billion pounds of moly.

Afghanistan has significant deposits of copper, iron ore, niobium, cobalt, gold, molybdenum, silver and aluminum.