First Quantum eyes 2012 production decision for Peru copper project

Vancouver-based First Quantum Minerals, which announced on Monday it will buy Canadian junior Antares Minerals for the company's Haquira copper project in Peru, could be ready to approve construction of the mine in 2012, said president Clive...

First Quantum still in negotiations with DRC over contract, profit drops

TSX- and LSE-listed First Quantum Minerals has recorded a 16% drop in third-quarter profits, while announcing that it continued to seek a “negotiated solution” with regard to its Kolwezi contract, in the Democratic Republic of Congo (DRC)....

Mobile Crusher wins design excellence award

Manufacturer of crushing, screening and washing equipment for the mining and quarrying industries, Pilot Crushtec, has received an award from the Design Institute of South Africa's Design Excellence Awards 2007 for its TwisterTrac AC 210...

Under pressure, Adastra moves on DRC-project finance

TSX- and AIM-listed junior Adastra Minerals said yesterday that it had awarded mandates to the IDC of South AFrica and Invest Bank, to coarrange a South AFrican export-credit tranche of project finance for its Kolwezi tailings project, in the...

Canadian group acquires DRC tailings project

Canadian-based resources group Adastra Minerals yesterday announced that it has acquired the Kolwezi tailings deposits, in the Democratic Republic of Congo (DRC), positioning the company to become a major player in the global mining industry.