Wall Street rises, Nov. 21–25
U.S. equities ended holiday-shortened trading in positive territory. The S&P 500 Index rose 1.4% to 2,213.35, while the Dow Jones Industrial Average advanced 1.5% to 19,152.14. The Nasdaq Composite Index…
Copper
Editorial: Welcome back, copper
Metal price prognosticators came out almost as badly as the pollsters in the wake of the U.S. presidential election, with most metal analysts predicting a post-election rise in gold prices,…
Abitibi Snapshot: Five companies to watch
The renewed strength in gold prices this year has reinvigorated the historic mining camps throughout the Abitibi region of Ontario and Quebec. Here’s a look at what a few Canadian…
Lundin to sell Tenke stake to Chinese PE firm for US$1.1B
Six months after Freeport-McMoRan (NYSE: FCX) agreed to sell its 56% stake in the Tenke Fungurume copper-cobalt mine in the Democratic Republic of the Congo (DRC) to China Molybdenum, joint-venture…
TSX rises, Nov. 7-11
The S&P/TSX Venture Composite Index dove 34.07 points, or 4.5%, to a 727.91-point close in the aftermath of the U.S. presidential election. Spot gold prices dropped US$77.42 to US$1,227.64 per…
Prairie snapshots: Eight companies to watch
The compelling geology, excellent infrastructure and mining friendly business environment of Canada’s Prairie provinces have helped a lively mining scene flourish, with companies large and small on the hunt for…
Hudbay reopens Constancia after brief suspension
Hudbay Minerals (TSX: HBM; NYSE: HBM) announced on Nov. 8 that it had suspended operations at its Constancia copper mine in Peru for safety reasons after trespassers entered the open-pit…
TSX Venture retreats, Oct. 31-Nov. 4
The S&P/TSX Venture Composite Index shed 13.89 points, or 1.8%, to a 761.98-point close despite strengthening commodity prices. Spot gold prices surged US$29.59 to US$1,305.06 per oz., ahead of the…
Atalaya revives iconic Rio Tinto mine in Spain
Atalaya Mining’s (TSX: AYM; LSE: ATYM) Proyecto Riotinto copper mine in the Andalucia region of Spain is on the verge of producing 90 million lb. copper (42,000 tonnes copper) in…
The Northern Miner podcast – episode 37: The Hadean eon and Precipitate Gold CEO
We’re back in action with Lesley and Matt in a Geology Corner feature that digs deep into the Hadean geologic eon and veneer theory — we’re going all the way back to the…
TSX falls, Oct. 31-Nov. 4
News that Canada’s gross domestic product expanded 0.2% in August after a 0.4% increase in July, and unease about the outcome of the U.S. presidential race, sent the S&P/TSX Composite…
Sandspring drills Sona Hill anomaly near Toroparu
A year ago, Sandspring Resources (TSXV: SSP; US-OTC: SSPXF) “couldn’t beg, buy or steal money,” CEO Richard Munson says, “and there was a period of time when I was lending…