Index

Arizona Sonoran Copper (TSX: ASCU) stock closed 10% higher in Toronto Thursday after the company signed a deal that could make a Rio Tinto (LSE: RIO; ASX: RIO) subsidiary a partner and de-risk the Cactus project.

South America-focused rare earths developer Aclara Resources (TSX: ARA) announced Tuesday an inaugural resource for its Carina Module regolith-hosted ion adsorption clay deposit in the State of Goiás, central Brazil.

Canadian mining mogul Rob McEwen is upping his stake in Goliath Resources (TSXV: GOT; US-OTC: GOTRF), a junior that’s advancing gold projects in northwestern British Columbia.

Iamgold (TSX: IMG; NYSE: IAG) is acquiring Quebec-focused gold explorer Vanstar Mining Resources (TSXV: VSR; US-OTC: VMNGF) in an all-share, friendly deal in order to consolidate its interest in the prospective Nelligan deposit.

Torex Gold Resources (TSX: TXG) has struck a rich vein at Media Luna West, pointing to mine life extension and added mill feed at the Morelos complex in Guerrero, Mexico, from 2028.

Rio Tinto (LSE: RIO; ASX: RIO) is reshuffling its interests in two Canadian projects as it seeks to focus on green energy metals such as copper.

American West Metals (ASX: AW1; US-OTC: AWMLF) on Monday reported bonanza-grade copper and zinc grab samples at the Tempest prospect of the Storm project in Nunavut.

Lundin Group copper and gold explorer NGEx Minerals (TSXV: NGEX) said Friday it has restarted and increased the drill rig count at the Lunahuasi project in Argentina to four following a recent $85.7 million financing.

Chile’s Codelco, the world’s top copper producer, plans to invest an additional US$720 million ($985.6 million) revamping its century-old Chuquicamata copper mine, in an effort to stop the company’s overall production decline.

Li-FT Power (TSXV: LIFT; US-OTC: LIFFF) has closed its recently announced overnight marketed public offering of flow-through shares priced at $8.65 each. About 1.44 million shares were sold.

Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK) is selling its coal assets to Glencore (LSE: GLEN) and two Asian steelmakers for US$8.9 billion, Teck said on Nov. 14.

Hudbay Minerals (TSX: HBM; NYSE: HB) plans to publish a new technical report and mine plan for its recently acquired Copper Mountain mine in B.C. that will pull back overly optimistic plans drawn up by the operation’s previous owner.