Mine disruptions escalate as virus rips around globe
On a global scale, work is grinding to a halt and operations at mines are being temporarily suspended as majors and minors move to enact measures to protect against the…
Copper
Coronavirus threatens Codelco’s status as top copper miner
Chile’s copper miner Codelco may not regain its position as the world’s top producer of the red metal this year, as delays in upgrades and expansion projects caused by measures…
The Northern Miner Podcast – episode 179: Superbugs, alternative energy and mining, ft Robert Friedland at PDAC, part 2
This episode features the second part of a keynote speech by mining mogul and financier Robert Friedland at the Prospectors and Developers Association of Canada (PDAC) conference in Toronto. Friedland discusses how…
Unigold reports high-grade assays from Candelones in Dominican Republic
Unigold (TSX: UGD) has reported intercepts of 10.18 grams gold per tonne over 19 metres and 12.94 grams gold over 11 metres at its Candelones Extension deposit, 200 km northwest…
US markets tank, March 16-20: Sandstorm, Alamos Gold, Rio Tinto
The Dow Jones Industrial Average fell 17.30% (4,011.64 points) to 19,173.98 and the S&P 500 dropped 14.98%(4,061.1 points) to 2,304.92 during the Mar. 16-20 trading week. Spot gold fell US$31.10…
TSX falls 14%, March 16-20: Kirkland Lake, Teck, Altius Minerals
The S&P/TSX Composite Index plunged 13.59% (1,864.5 points) to finish the March 16-20 trading week at 11,851.80. The S&P/TSX Global Mining Index fell 3.42% to 57.12, while the S&P/TSX Global…
Nevada Copper looks to strengthen balance sheet
As its Pumpkin Hollow underground mine ramps up to commercial production, Nevada Copper (TSX: NCU) has entered into non-binding arrangements for a balance sheet strengthening package. The company is working to reach binding…
Copper price meltdown sinks mining stocks
The decline in the copper price accelerated on Wednesday, as pandemic fears grip global markets and mining companies announce a wave of production halts and project construction suspensions. Copper trading…
BTU hits more VMS-style mineralization at Dixie Halo
Drilling at BTU Metals’ (TSXV: BTU) 197-sq.-km Dixie Halo project in Ontario’s Red Lake district returned continuous volcanogenic massive sulphide-style mineralization over 300 metres, starting at surface, with metal grades increasing…
Copper price sinks as China faces first GDP drop since 1976
Copper prices continued to slide on Tuesday after China released economic data showing the deepest declines on record for industrial production and fixed asset investment. Copper trading in New York…
Dunnedin Ventures to become Kodiak Copper
Publicly traded Kodiak Copper (TSXV: KDK), a portfolio company of the Discovery Group that was formerly Dunnedin Ventures (TSXV: DVI), will focus on copper porphyry exploration in Canada and the United States. The…
Lundin Mining puts zinc expansion on hold to prevent spread of coronavirus
Lundin Mining (TSX: LUN) has put the brakes on zinc expansion activities at its Neves-Corvo operation in Portugal, joining the rising number of companies taking precautionary steps in the face…