Editorial: Pot-ashen in Saskatchewan
December started off in a rather sombre way for Canadian mining, with former Prairie golden child Potash Corp. of Saskatchewan announcing deep and immediate cuts at its Canadian, U.S., and Trinidadian operations.
Articles by Northern Miner Staff
Japanese nuclear re-start is the key for higher uranium prices
With spot uranium oxide prices in the third quarter averaging US$35.95 per lb. — down from US$66.50 per lb. before the Fukushima Daiichi nuclear power-plant disaster in March 2011 — it is no surprise that uranium producers in Russia…
Highland Copper to acquire White Pine
Highland Copper (TSXV: HI; US-OTC: HDRSF) is expanding its footprint in northern Michigan with the acquisition of the White Pine copper project, 100 km southwest of its Keweenaw copper project.
Juniors weather storm in rough markets: PwC
It’s been a rough two years for junior mining companies globally, with a steep drop in commodity prices accompanying an uneven recovery in the world’s industrial economies, and a serious drop in investor confidence. Canadian miners…
US markets, Nov. 25-29
The Dow Jones Industrial Average and the S&P 500 marked their eighth straight week of gains, with the Dow climbing 21.64 points, or 0.14% to 16,086.41, and the S&P 500 up 1.05 points, or 0.10% to 1,805.81. The eight-week streak for the…
Castle Mountain completes maiden resource
Research analysts Joe Mazumdar and Scott McLean of Canaccord Genuity in Vancouver have raised their target price on Castle Mountain Mining (TSXV: CMM) to $1 per share and added the company to the Canaccord Genuity Focus List, after the…
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, December 3, 2013Precious MetalsPrice…
TSX Venture Exchange, Nov. 25-29
The S&P/TSX Venture Composite Index finished in the green for the first time in nearly a month during the trading period, as it rose 2.74 points en route to a 934.89-point close. Markets were bolstered late in the week by rising metal…
Platinum, palladium markets to remain in deficit: Johnson Matthey
The markets for platinum and palladium will likely be in a deficit in 2014, according to a report by London-based Johnson Matthey.
Augusta shares whipsawed on EPA commentary
Shareholders of junior outfit Augusta Resource (TSX: AZC; NYSE-MKT) got a little skittish after the release of a letter from the U.S. Environmental Protection Agency (EPA) by non-government organization Save the Scenic Santa Ritas (SSSR), a…
Kinross sees earnings decline despite strong production
VANCOUVER — Toronto-based producer Kinross Gold (TSX: K; NYSE: KGC) is trying its best to adjust to precious-metal markets, but lower-than-anticipated gold prices keep cutting into the company’s earnings. Kinross has, however, taken…
PotashCorp cuts workforce by 18%
Potash Corp. of Saskatchewan (TSX: POT; NYSE: POT) is reducing its workforce by 18% amid soft crop-nutrient demand from developing markets.