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Miner KGHM extends negotiations with union at Chilean copper mine

Miner KGHM will extend negotiations with a union at its Chilean copper mine Sierra Gorda, averting a strike, a union representative said on Tuesday.The company had until the end of Tuesday to request government mediation to help reach a deal with the union of 520 workers.(By Fabian Cambero and Cassandra Garrison; Editing by Sandra Maler)

Kinross takes 9.7% stake in Wolfden Resources

Wolfden Resources' (CVE: WLF) stock was up nearly 6% on Tuesday, after Kinross Gold (TSE: K) acquired 12.5 million shares at $0.20 a share -a $2.5 million investment - for a 9.7% stake in the junior exploration company.The two companies will form of a committee to explore Wolfden's 100%-owned Pickett Mountain volcanogenic massive sulphide...

Codelco copper smelter restart delayed - Chile mining minister

The reactivation of a smelter belonging to Chile's state-owned Codelco, the world's largest copper producer, will take more time than expected, the country's mining minister Baldo Prokurica said on Tuesday.The smelter, halted in December to undergo changes to bring it up to new emissions standards, has had its restart delayed because of i...

Company Press Releases

Prophecy Announces Ulaan Ovoo Mine Start and Coal Sales in Mongolia

VANCOUVER, BC / ACCESSWIRE / March 18, 2019 / Prophecy Development Corp. ("Prophecy" or the "Company") (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2N) announces Mongolian Ulaan Ovoo Mine start up in March and approximately 21,000 tonnes of coal production and sales. Multiple local and international consumers have expres...

SAVE THE DATE: NOVAGOLD First Quarter 2019 Results Release, Conference Call and Webcast

VANCOUVER, British Columbia, March 18, 2019 (GLOBE NEWSWIRE) -- NOVAGOLD RESOURCES INC. (TSX, NYSE American: NG) will release its first quarter financial results after market close on April 2, 2019. The conference call and webcast to discuss these results will take place April 3, 2019 at 8:00 am PT (11:00 am ET). The webcast and confer...

Northern Dynasty Announces Closing Of US$11.5 Million Bought Deal

VANCOUVER, March 18, 2019 /CNW/ - Northern Dynasty Minerals Ltd. (TSX: NDM; NYSE American: NAK) ("Northern Dynasty" or the "Company") is pleased to report that it has closed its previously announced bought deal offering, including the exercise in full of the over-allotment option (the "Offering"). A to...

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Copper mining news

Montana mine begins removing copper from toxic water

(AP) - A western Montana mining project has begun treating the site's

'Radical' Foes, Red Tape Hinder Ecuador's Quest to Become a Mining ...

s Mirador copper mine, in Chinchipe province. The mine has reserves of 30.2 million tons of copper and would be churning out 344,000 tons of

Antofagasta expects copper deficit of up to 300000 tonnes this year

Chilean miner Antofagasta Plc. (LON:ANTO) expects the anticipated global copper deficit to hit between 100,000 and 300,000 tonnes this year

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Mining's Tesla moment: DeepGreen harvests clean metals from the seafloor

A first look at DeepGreen Resources, a seafloor mining startup partnered with Glencore, Maersk, and Fiore Group to disrupt the metals industry and defend the environment. Growing up on his family's dairy farm in Queensland, Australia, Gerard Barron developed a work ethic that has helped him realize success in diverse industries. Barron has built and sold successful ventures in the finance, publishing, international distribution, and telecommunications sectors.He co-founded and was CEO for more than 10 years at AdStream, one of the world's leading advertising technology software-as-a-service companies. AdStream's annual revenues are now over $100 million.A self-described "active investor", Barron backed geologist and friend David Heydon's vision for a pioneering underwater mining company,...

Timeline: The adventures of Robert Friedland

Entrepreneur, financier and company-maker Robert Friedland will be recognized with the Lifetime Achievement Award at The Northern Miners Canadian Mining Symposium at the Canada House in London, U.K., on May 9, 2017. In honour of that achievement, we have put together an interactive timeline of his major achievements and milestones since he graduated with a Bachelor of Arts degree in political science from Reed College in Portland, Oregon, in 1974.Also included is a selection of historic articles from The Northern Miner archives dating back to 1987.

INVESTIGATION: Is tiny zinc stock poised for massive gains?

Fortunes can be made when a new mine is found, or lost in the pursuit of one.Mines are by definition a finite resource, constantly in depletion.Large mining companies often outsource the risk-and reward of finding new mines to smaller, riskier ventures.When a new economic deposit is found the majors will often gobble up the juniors at astounding premiums.Take Diamond Fields International, a penny stock mining startup first financed in 1994 at $0.10 per share. The stock went to $196 within 2 years after discovering a rich nickel mine in Eastern Canada.For every Diamond Fields, there are scores of failures.High-risk exploration ventures don't have cash-flow, and rely on the equity markets and support from larger companies to finance their efforts.The key for these junior miners is to keep th...

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