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Lundin Mining Profit Jumps 36%

The second quarter earnings of Lundin Mining Corporation have shown an increase of 36% from the corresponding period last year. However this was less than what the company expected. The lower earnings were a result of poor ore grades at their Portugal and Sweden based mines.

From Lundin Mining Corporation 1 Aug 2011

Eastmain Mine Proclaims Current Drilling at its Quebec Property

Eastmain Mines is currently performing a 15,000 m drilling campaign at the Eastmain Mine property, which is situated in James Bay, Québec.

1 Aug 2011

Santa Fe Metals Conducts Work Program at Don Indio Claims

Santa Fe Metals is currently conducting work at the Don Indio claims silver-copper-lead-zinc property, which is situated in Coahuila, Mexico.

29 Jul 2011

Cadillac Ventures Reports Drilling Results from K1-1 Deposit at Thierry Project

Cadillac Ventures has reported the results of four holes, which were drilled at the K1-1 deposit.

29 Jul 2011

Compania de Minas Buenaventura Approves Full Funding for Conga Project in Peru

Buenaventura is Peru’s largest publically traded precious metals mining company. Known as Compania de Minas Buenaventura S.A.A. it recently announced that its Board of Directors had approved full funding for the Conga Project located in Peru.

From Compania de Minas Buenaventura 28 Jul 2011

Escondida Strike Driving Copper Prices Up

With the strike at BHP Billiton’s giant Escondida copper mine in the Atacama Desert, Chile continuing with no signs of abating the prices for copper continued to rise in London. Worldwide speculation over supply shortages are fueling prices right now rather than actual demand.

From BHP Billiton Plc 27 Jul 2011