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Latest Escondida Stories

2009-08-20 10:04:00

TSX : CUM VANCOUVER, Aug. 20 /PRNewswire-FirstCall/ - Copper Mountain Mining Corporation ("CMMC" or the "Company") reports that Mitsubishi Materials Corporation ("Mitsubishi") have now closed the purchase whereby Mitsubishi acquired a 25% interest in the Copper Mountain Project ("Project"), located near Princeton, BC. The Project is an open pit porphyry copper mine that operated from 1972 to 1996 and over its life produced 1.74 billion pounds of copper, 730 thousand ounces of gold and 9.1...

2009-07-30 10:00:00

TSX : CUM VANCOUVER, July 30 /PRNewswire-FirstCall/ - Copper Mountain Mining Corporation ("CMMC" or the "Company") reports that the Company and Mitsubishi Materials Corporation ("Mitsubishi") have signed definitive agreements, namely Shareholders' Agreement, Share Subscription Agreement, Concentrates Sales and Purchase Agreement, and Secondment Agreement whereby Mitsubishi will acquire a 25% interest in the Copper Mountain Project ("Project"), located near Princeton, BC. In addition to...

2009-07-27 13:19:00

VANCOUVER, July 27 /PRNewswire-FirstCall/ - Luna Gold Corp. (TSXV-LGC) ("Luna" or the "Company") is pleased to announce that Dr. J. David Lowell and Mr. Geoff Loudon have agreed to join the Company as advisors. Dr. Lowell, one of the world's most successful exploration geologists with a career of over 50 years, has been involved in the discovery of over 12 gold or copper deposits and participated in the development of seven large mines. Dr. Lowell received a BS degree in mining and geological...

2008-12-01 07:30:00

TSX: CUM VANCOUVER, Dec. 1 /PRNewswire-FirstCall/ - Copper Mountain Mining Corporation ("CMMC" or the "Company") is pleased to announce that Mitsubishi Materials Corporation ("Mitsubishi") has agreed to advance up to Cdn$28.75 Million by way of a bridge-loan to Similco Mines Ltd. ("Similco"), a wholly-owned subsidiary of the Company. Similco holds the assets of the former Similco mine, which the Company plans to re-develop into a producing mine (the "Project"). The funds will be used for...

2008-10-31 12:00:23

VANCOUVER, Oct. 31 /PRNewswire-FirstCall/ -- Copper Mountain Mining Corporation ("CMMC" or the "Company") is pleased to announce that the Company's Board of Directors have authorized management to proceed with the development of the Copper Mountain Project ("Project") subject to the Company finalizing its financing arrangements as well as obtaining the required operating permit amendments for the Project. The Company has ordered long lead major equipment items. Site work has progressed well...

2008-10-30 09:00:28

Researched by Industrial Info Resources (Sugar Land, Texas) -- Mining major BHP Billiton (NYSE:BHP) (Melbourne, Australia) is awaiting environmental approval to move forward with the construction of a second desalinization plant to supply water to its Escondida copper operation in Chile. The project, called "Supplementary Desalinated Water Supply for Minera Escondida," entails the construction of a seawater desalinization plant to be built at the company's facility in Puerto Coloso. For...

2008-10-01 09:00:32

VANCOUVER, Oct. 1 /PRNewswire-FirstCall/ -- Copper Mountain Mining Corporation ("CMMC" or the "Company") is pleased to announce that Mitsubishi Materials Corporation ("MMC") will join the Company in developing the Copper Mountain Project ("Project") located near Princeton, BC. Effective September 30, 2008, the Company and MMC have signed a Memorandum of Understanding ("MOU"). Under the terms of the MOU, subject to several conditions, including approval of the board of directors of MMC, MMC...

2008-09-25 15:00:41

SPOKANE, WA, Sept. 25 /PRNewswire-FirstCall/ -- Minera Andes Inc. (TSX: MAI and US OTC: MNEAF) is pleased to announce the receipt of excellent results from the metallurgical testing program completed as part of the Los Azules Project 43-101 Preliminary Assessment (scoping study) planned for completion by yearend. The test results show that the Los Azules ore material is amenable to conventional flotation recovery methods and that the overall metal recoveries and the copper concentrate grades...

2008-09-24 12:00:00

TORONTO, ONTARIO--(Marketwire - Sept. 24, 2008) - Polar Star Mining Corporation (TSX VENTURE:POS) ("Polar Star" or the "Company") announces an exploration update on its Montezuma copper porphyry and Chepica Copper-Gold Mine projects. Highlights: Montezuma - Old workings, geological and geochemical surveys define a highly prospective belt 2-5 km wide by 30 km long centred on the West Fissure Fault System. - A large I.P. Chargeability/Resistivity anomaly 1 to 1.6 kilometres wide, 12...

2008-09-23 12:00:38

Zoro Mining Corp. (OTCBB: ZORO) is pleased to announce that it has entered into an agreement with Michael H. Kobler for potential project joint venture participation by Kobler in Zoro's Escondida precious metals project located south of the port city of Caldera, approximately 60 km from Copiapo in Chile Region III. The agreement grants Kobler an exclusive 3 month period during which to conduct due diligence at the project, at his expense, the first phase of which is estimated to be in the...


Word of the Day
omadhaun
  • A fool; a simpleton: a term of abuse common in Ireland and to a less extent in the Gaelic-speaking parts of Scotland.
This word is partly Irish in origin.