Podcast: Mickey Fulp explains what’s weighing down commodities
Mickey Fulp, the Mercenary Geologist, dissects the recent movements in the Venture market, the greenback and two metals he follows closely — gold and uranium.
Articles by Northern Miner Staff
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, September 30, 2014Precious MetalsPrice…
Rising GDP drives consumer gold demand
The following is an edited summary from the U.K.-based World Gold Council about its report entitled: The growth dividend: How rising GDP lifts gold consumer demand. The full report can be found at www.gold.org.
Hudbay opens two mines
Hudbay Minerals’ Lalor and Reed mines officially opened on Sept. 16 in Manitoba.
Agnico has room to grow in Quebec
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) has grown over the past two decades from a single asset producer to a mid-tier gold miner, with mines spread across Quebec, Nunavut, Finland and Mexico. But its four gold mines strung out along a 50 km…
Editorial: Iron ore prices – grim and grimmer
If you thought around mid-year that the iron-ore market couldn’t get any worse, September was a bit of a shocker.
TSX Venture loses more ground, Sept. 22-26
The S&P/TSX Venture Composite had another rough week during the trading period after it lost 4.43%, or 42.30 points, en route to a 912.76-point close. Commodity futures struggled, while markets responded to reports out of China that…
TSX declines, Sept. 22-26
The S&P/TSX Composite Index lost 238.58 points during the trading week to end at 15,026.77. The S&P/TSX Global Gold Index stayed relatively flat at 170.72 points, while the spot price for gold added US$3.20 per oz. to US$1,219.40. The…
U.S. markets under pressure, Sept. 22-26
U.S. markets ended in negative territory during the trading week, with the Dow Jones Industrial Average falling 166.59 points, or 0.96% to 17,113.15, and the S&P 500 Index sliding 27.55 points, or 1.37%, to 1,982.85. The Philadelphia Gold…
Stornoway advances Quebec’s first diamond mine
Junior explorer turned developer Stornoway Diamond (TSX: SWY; US-OTC: SWYDF) is building Quebec’s first diamond mine, set to start commercial production in 2017, after having raised $946 million for its Renard diamond project in July.
Hecla boosts gold exposure with Quebec plays
VANCOUVER — Gold production is playing a growing role in U.S.-based silver miner Hecla Mining’s (NYSE: HL) precious metals portfolio, and most of the company’s new exposure to the yellow metal is in Eastern Canada.
Sean Roosen brings golden touch to Falco
The co-founder of Osisko Mining — who brought the $1-billion Canadian Malartic mine into production, and oversaw the sale of the company earlier this year to Agnico Eagle Mines (TSX: AEM; NYSE: AEM) and Yamana Gold (TSX: YRI; NYSE: AUY)…