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Rosemont copper project, US Restricted

Augusta Resource Corporation has been granted a key environment permit for the Rosemont copper project.
18th May 2012
 
MANGANESE

Artillery Peak mine proves 'economically attractive', to cost $477m

TSX-V-listed American Manganese on Thursday reported that a preliminary feasibility study for the fully owned Artillery Peak manganese project in Mohave county, Arizona, had revealed an “economically attractive” financial model. The project...
17th May 2012
 
BASE METALS

Mercator Minerals posts $1.5m profit, Mineral Park improves

Base metals miner Mercator Minerals on Monday reported adjusted first-quarter earnings of $1.5-million, or nil a share, which was largely in line with analyst expectations of a loss of 1c a share. The TSX-listed copper, molybdenum and silver...
15th May 2012
 
RARE EARTH

Molycorp lifts Q1 adjusted profit, revenue triples

US-based rare-earth miner Molycorp on Thursday posted a 221% increase in adjusted earnings at $18.3-million or 18c a share, while it took a net loss of $3.47-million or 7c a share. The loss was the result of a one-time noncash expense of...
11th May 2012
 
COPPER

Mercator cuts 2012 output forecast on lower ore grades

Canada's Mercator Minerals lowered its full-year production forecast for its flagship Mineral Park mine in Arizona, as it mined lower ore grades and mill throughput was impacted by the processing of the harder ore.
4th May 2012
 
COPPER

Curis secures $40m loan

Canadian copper junior Curis Resources has struck a deal with Red Kite to borrow $40-million to fund the first phase of its in-situ leaching project in Arizona, the TSX-listed company said on Thursday. Curis also agreed to provide Red Kite with...
6th April 2012
 
MESA Exploration Corp

Company Announcement: Mesa Exploration Drilling Confirms Uranium Zone at Moonshine Springs Project PDF Available

Mesa Exploration Corp. is pleased to announce that six rotary drill holes have recently been completed at the 100% owned Moonshine Springs uranium project in northwestern Arizona.
27th March 2012
 
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Pinto Valley mine restart project, US Restricted

The Pinto mine is expected to restart operations after being placed under care and maintenance.
23rd March 2012
 
COPPER

Oracle enters $70m loan agreement with Credit Suisse

TSX-quoted Oracle Mining has entered into a nonbinding agreement with Credit Suisse to borrow up to $70-million to assist in reopening a copper mine in Arizona, the company said on Monday. The Oracle Ridge mine, located 24 km north-east of...
12th March 2012
 
PDAC

Integrated mine planning gets a boost

For more than 40 years, global software and service provider Mintec has pioneered mining software while opening a worldwide network of offices to serve the industry.
24th February 2012
 
Australian‐American Mining Corporation Limited

Company Announcement: AusAmerican Mining signs financial agreement to develop La Paz Rare Earths Project, Arizona PDF Available

The investment will be provided by The Australian Special Opportunity Fund, LP, an institutional investment fund managed by The Lind Partners LLC; a New York City based, alternative asset management company. The facility will provide a maximum of...
3rd February 2012
 
AREVA

Company Announcement: TEP Selects AREVA Solar as Technology Partner for Innovative CSP Booster Project PDF Available

Tucson to gain jobs; project to advance U.S. solar hybrid power plant market TUCSON, Arizona and MOUNTAIN VIEW, Calif., Jan. 31, 2012 – Tucson Electric Power (TEP) is partnering with AREVA Solar on an innovative concentrated solar power (CSP)...
1st February 2012
 
 
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