Articles Tagged "Antofagasta"

Lawrence Roulston: Why Smart Investors Are Putting Money Into Junior Miners

At PDAC, Lawrence Roulston of Quintana Resources Capital and Resource Opportunities shared an interesting take on the state of the junior mining industry. While there's been plenty of negativity surrounding the space lately, Roulston argued that things are not as bad as many may think, going so far as to state that investors should be "feeling euphoria" about the opportunities ahead.

Nevsun Reports Huge Increase in Resources at Eritrea Mine

Copper – On Tuesday, Nevsun Resources updated the mineral resource estimates for its Bisha and Harena deposits, both of which are located at its Bisha mine in Eritrea. Though the company's mineral reserve estimates for the deposits are still forthcoming, the resources at Harena saw substantial increases, while resources at Bisha grew as well.

Antofagasta Takes Top Spot as Biggest Exploration Spender Worldwide

Copper – Juniors are usually responsible for discoveries and early stage exploration, but 2014 has seen bigger miners spend their fair share. According to a recent report from SNL Metals and Mining, 39 large miners will account for 40 percent of global exploration spending in 2014, with Antofagasta being the biggest spender of them all.

Antofagasta Holds to Copper Guidance

Copper – Mining.com reported today that Chile's Antofagasta Minerals (LSE:ANTO) said that it is staying on track to meet its target guidance this year. Despite admitting that short term markets are challenging, the major miner plans to produce 700,000 tonnes of the red metal this year, according to Mining.com.