Spot prices
Tuesday, Apr 24, 2012
Articles by Northern Miner Staff
Market news
Toronto Stock Exchange
China’s investment in smart grids to benefit copper, aluminum
China plans to increase investment in its power sector by 88% under its 2011–2015 plan, and a significant amount of that will be directed towards smart-grid technology, London-based Barclays analyst Gayle Berry writes in a recent research…
Correction
The article “Augusta moves Rosemont forward” (TNM, April 23–29/12) incorrectly stated that Goldman Sachs owns 9.28% of Augusta. In fact, Goodman and Company owns 9% of the company.
Planetary Resources’ plan to mine asteroids
A start-up company with high-profile supporters has set out to boldly go where no miner has gone before — to extract the resource riches of outer space.
Commentary: Engage NGOs to reduce risk
What happens to companies that try to operate where they have few friends? It all depends on their approach. But one thing is certain — corporate engagement with non-governmental organizations (NGOs) and local stakeholders is now a…
Commentary: South African mine safety practices face scrutiny
Mine safety is a matter of continuing concern worldwide, there being a wide spectrum of legislation and the manner in which it is administered and enforced. Recent attempts by the South African government provide a case study illustrating the…
Editorial: Argentina YPF shocker frazzles foreign miners
When 10,000 British troops tried for a second time in 1807 to invade Buenos Aires after having taken it and lost it the previous year, they were met not only by Spanish troops and irregulars, but also by women throwing roof tiles and pouring…
Pretium sees greater high-grade potential at Brucejack
Pretium Resources (PVG-T, PVG-N) has added almost 9 million oz. gold to its high-grade Brucejack resource without any extra information.
Tin and silver: The new electric metals
Historic high prices for tin and silver are in the cards between now and 2018 as demand for the two metals in solder used in the electronics industry continues to climb and supply fails to keep pace, Jon Hykawy, head of global research at Byron…
Argentina seizure rattles investors
Argentina’s renationaliztion of 51% of oil company YPF (YPF-N) from the Spanish firm Repsol has spooked some mining investors in the country, though analysts say there is little chance of further nationalization.
First Nickel aims to use revived Lockerby mine as a launching pad
It’s been a long haul for Toronto-based developer First Nickel (FNI-T) as it strives to revive commercial production at its Lockerby nickel-copper mine outside of Sudbury, Ont.