State-owned Codelco struggles to maintain output
In October, the wheels started turning on one of the world’s largest conveyor systems. Once in full operation, 14 km of belts will bring 140,000 tonnes of ore a day…
News
Trade war pause brightens copper outlook
U.S. President Donald Trump signed off on a phase-one trade deal with China on Dec. 13 to avert a planned round of tariffs on US$160 billion of consumer goods. The…
Snapshot 2020: Eight companies making waves in the year ahead
The past year was a time of growth and transformation for many mining and exploration companies. Here’s a list of eight companies with milestones to hit next year. Barrick Gold…
Ontario, Saskatchewan and New Brunswick sign MOU on SMRs
The governments of Ontario, Saskatchewan and New Brunswick have signed a memorandum of understanding (MOU) committing their provinces to the development and deployment of a new type of nuclear technology…
Poor market conditions derail Triple Flag IPO
Royalty and streaming company Triple Flag Precious Metals has cancelled a planned initial public offering (IPO) due to poor market conditions. “While the company has been encouraged by investor interest…
Teranga buys Barrick’s Massawa in Senegal
Barrick Gold (TSX: ABX; NYSE: GOLD) is selling its 90% stake in the Massawa gold project in Senegal to Teranga Gold (TSX: TGZ; US-OTC: TGCDF) for US$300 million in cash,…
Anglo American cuts output targets for coal, iron ore and diamonds
Anglo American (LON: AAL) has cut its production forecasts for coal, iron ore and diamonds for the next two years, but is bullish on the outlook for copper and palladium,…
The Northern Miner Podcast – episode 164: Building the digital mine of the future, ft Campeau, de Jong, Miller, Abdur-Rahman, Bilborough, Siggelkow
This episode features the Big Data and Automation panel from The Northern Miner’s 2019 Progressive Mine Forum in Toronto. The event took place on Oct. 16 at the MaRS Discovery…
Metals Commentary: 5G technology should boost demand for gallium, cobalt
During the World Radiocommunication Conference (WRC) in Egypt in November, thousands of delegates from more than 100 countries adopted a treaty that moves the world closer to fifth-generation (5G) technology,…
Rare earth miner Lynas picks Kalgoorlie for processing plant
Australian rare earths miner Lynas (ASX: LYC) has selected the city of Kalgoorlie to build its new cracking and leaching plant to extract low-level radioactivity from the ore mined at…
Cleveland-Cliffs to acquire AK Steel in US$1.1B all-share deal
US iron ore producer Cleveland-Cliffs (NYSE: CLF) is acquiring AK Steel (NYSE: AKS) in an all-share transaction valued at US$1.1 billion. Cliffs, North America’s largest producer of iron ore pellets,…
Metals Commentary: Electric car sales are tanking, but metal use spikes
The global auto industry will produce 88.8 million cars and light trucks this year in an almost 6% drop from a year ago, according to researcher IHS Markit, quoted by…