London Silver Fix sees revamp
CME Group and Thomson Reuters have been chosen to deliver a new silver price mechanism to replace the London Silver Fix — a system that has been in place for over a century to set the daily benchmark price for silver.
Commodities Markets
McEwen and Turk talk gold
The Northern Miner invited James Turk, the London-based gold analyst and founder of GoldMoney, and mining legend Rob McEwen of McEwen Mining (TSX: MUX; NYSE: MUX), to discuss their views on a number of issues ranging from the value of money,…
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, July 8 2014Precious MetalsPrice…
Parliamentary committee sees ‘strategic opportunity’ in Canada’s REEs
VANCOUVER — Canada’s federal House of Commons Standing Committee on Natural Resources has wrapped up a seven-month study on Canada’s rare earth elements (REE) potential, drawing on extensive consultation with a who’s who…
Commentary: Canada’s first finding of aboriginal title – Tsilhqot’in Nation v. BC
On June 26, 2014, the Supreme Court of Canada (SCC) granted the appeal of the Tsilhqot’in Nation, confirming their aboriginal title over tracts of Crown land in B.C.
LBMA works to replace London silver fix
It looks like the vacuum that would be left by the coming demise of the venerable London Silver Fix on August 14 will be quickly filled.
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, June 24 2014 Precious MetalsPrice…
Canadian diamond exploration perks up
For years it seemed that juniors were fleeing from diamond exploration — and for good reason.
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, June 17 2014 Precious MetalsPrice…
Chinese copper collateral probe hurts ailing copper price
VANCOUVER – News that some copper stocks at the port of Qingdao were being used as collateral for multiple loans has further damaged a copper price that was already failing to thrive in 2014.
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, June 10 2014Precious MetalsPrice…
Annual mining profits tumble 72% to lowest point in a decade
VANCOUVER — It’s no secret that 2013 was a rough year in the mining business, but PwC’s eleventh annual global trends analysis — entitled Mine 2014: Realigning Expectations — shed some light how just how grim…