Sierra Gorda copper/molybdenum project, Chile

Sierra Gorda is the first big mining project in Chile to be approved under the new environment regulations.

Quadra FNX gets approval for Chile project

Quadra FNX Mining will start site preparation at its Sierra Gorda copper/molybdenum project in northern Chile, after receiving environmental-impact assessment approval, the company said on Wednesday. The firm has been placing orders for major...

Quadra FNX plans $500m notes sale to help fund Chile project

Canadian copper miner Quadra FNX Mining plans to sell $500-million of senior notes, to help fund its share of the Sierra Gorda copper/molybdenum project in Chile, the firm said on Monday. Shares in the company edged up 0.36% on Monday morning, to...

Minotaur sets up to 4bn ton exploration target for Mutooroo

ASX-listed Minotaur Exploration has set an initial iron-ore exploration target of between 2,4-billion and four-billion tons at a new magnetite project, on the border of South Australia and New South Wales. The target estimate was the first...

Quadra FNX rises on Sumitomo JV pact

Shares in Canadian copper miner Quadra FNX Mining rose 5,8% on Monday, after the company announced a day earlier it has signed up Japan's Sumitomo Metal Mining and Sumitomo Corp to help fund its big copper/molybdenum project in Chile. The two...

Quadra FNX unveils Sumitomo as partner on Chile copper/moly project

Canada's Quadra FNX Mining has agreed to sell 45% in its Sierra Gorda copper/molybdenum project in Chile to Sumitomo Metal Mining and Sumitomo Corporation, the group announced on Sunday. Quadra FNX also gave details on a recently completed...

Demand for copper looks set to outstrip supply

The global demand for copper could exceed available supply next year. This is the view of Pan Pacific Copper marketing department GM Hidenori Kamoo. Speaking to the Bloomberg News Agency, he said that “supplies won’t catch up with demand next...

Taganito project, the Philippines

Taganito is planned as a large-scale hydro-metallurgical project that will apply a high-pressure acid leaching process to produce 30 000 t of nickel/cobalt mixed sulphide a year.

Teck finds buyer for Turkish gold assets

Canada's Teck Resources and Fronteer Development Group have signed a memorandum of understanding with Alamos Gold, for the sale of two gold projects in Turkey for $40-million in cash and four-million shares. Teck owns 60% of the Agi Dagi and...

Teck agrees to sell Mexico gold asset

Vancouver-based Teck Resources has agreed to sell its 78,8% holding the Morelos gold project, in Mexico, to junior Gleichen Resources, for $150-million in cash plus shares representing 4,9% of Gleichen. The transaction is expected to close in the...

Teck closes sale of Pogo stake

Vancouver-based Teck Resources has completed the sale of its interest in the Pogo gold mine, in Alaska, for $245-million, the firm reported on Wednesday. The group, which has been selling noncore assets for cash to repay debt, announced in April...

Teck will get $245m for Pogo stake

Vancouver-based Teck Resources has agreed to sell its 40% share of the Pogo gold mine, in Alaska, to Sumitomo Metal Mining, which, with Sumitomo Corp, owns the balance of the asset, for $245-million. Teck has been selling off noncore assets -...