Metals, mining, stocks and money markets
Spot pricesCourtesy of ScotiabankTuesday, October 30, 2012Precious MetalsPrice…
Articles by Northern Miner Staff
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Gold Canyon gains ounces, loses grade at Springpole
Gold Canyon Resources (GCU-V) boosted total ounces in its latest resource update, but it did so at the cost of grade.
Amerigo happy to live in Codelco’s shadow
Amerigo Resources (ARG-T), which continues to produce copper and molybdenum from the tailings of Codelco’s 108-year-old El Teniente mine in Chile, saw its shares rise after solid third-quarter production results.
Platinum Group thinking big on the Bushveld
With first-phase construction well underway at Vancouver-based Platinum Group Metals’ (PTM-T, PLG-X) Western Bushveld joint-venture project 1 (WBJV 1), the company is turning its attention to its Waterberg discovery on the North Limb…
Sega looking good to Amara in Burkina
West Africa-focused gold producer Amara Mining (AMZ-T, AMA-L), formerly Cluff Gold, is hoping get a little more life out of its 78%-owned Kalsaka gold operation in Burkina Fasom, 150 km northwest of the capital Ouagadougou.
Earnings miss for Cliffs Natural Resources
A severe 36% year-on-year drop in prices for seaborne iron ore during the third quarter torpedoed earnings for Cliffs Natural Resources (CLF-N). The iron ore and metallurgical coal producer’s consolidated revenues fell 26% to US$1.5…
Frontier Rare Earths inks new deal with Kores
A little under a year ago, South Korean government-owned mining and natural resources investment company Korea Resources Corp. (Kores) signed a deal with Frontier Rare Earths (FRO-T) to take a 10% interest and get the rights to an equal…
Queensland lifts ban on uranium mining
It has taken 23 years, but the state government of Queensland has finally overturned a ban on uranium mining. The prohibition on uranium processing and waste storage, however, remains in place.
Commentary: The uses and abuses of temporary foreignworkers in BC
The following is an open letter from Mark Olsen, president of the Bargaining Council of B.C. Building Trade Unions, to Canadian Prime Minister Stephen Harper and B.C. Premier Cristy Clark.
Editorial: Anglo CEO presses ‘eject’ button
Late October was notable for the sudden and unexpected resignation of Cynthia Carroll as CEO of London-based mega-miner Anglo American, widely seen as a giving in to strong shareholder pressure to step down. It brings to an end this particular…
Teck wobbles in third quarter
Teck Resources (TCK-T, TCK-N) produced a record 99,000 tonnes of copper in the third quarter, up 29% year-on-year, but lower commodity prices and sale volumes for its steelmaking coal sent the miner’s adjusted net earnings down to $349…