Bank of America reinforces US$3,000 per oz. gold target
In mid-April, Bank of America Global Research increased its 18-month price target on gold from US$2,000 per oz. to US$3,000 per oz. and forecast an…
Iron Ore
Chinese funding may resurrect Rio Tinto’s troubled Simandou project in Guinea
Rio Tinto (ASX, LON, NYSE: RIO) is once again discussing the development of the controversial large-scale Simandou iron ore project in Guinea, as half-year earnings…
Top 10 US-based mining companies
Mining in the United States has been ongoing for centuries and has played a role in the country’s development over the years. The Northern Miner…
Top 10 US-based mid-tiers to juniors, excluding coal and precious metals
The Northern Miner presents the top-10, U.S.-based mid-tier to junior companies, excluding coal and precious metals, by market capitalization, as of July 24, 2020. 1. Compass Minerals…
Baffinland Iron Mines and Inuit association strike landmark agreement
A new multimillion-dollar agreement between Baffinland Iron Mines and the Qikiqtani Inuit Association (QIA) that includes a substantial royalty increase, Inuit oversight of environmental monitoring…
US markets fall, June 22-26
A surge in coronavirus cases in parts of the United States undermined market sentiment. The Dow Jones Industrial Average fell 3.31% to 25,015.55 and the…
ArcelorMittal considers sale of Canadian assets
ArcelorMittal (NYSE: MT), the world’s biggest steelmaker, is evaluating the potential sale of its infrastructure assets in Canada, where it has the largest and most…
PwC report points to rising ESG focus in BC mining
While the current business outlook remains uncertain, PwC Canada, in its new B.C. mines report, says the British Columbia mining industry is in a good…
Vale to resume operations at Voisey’s Bay
Vale (NYSE: VALE), the world’s top producer of nickel and iron ore, is fine-tuning details to reopen its Voisey’s Bay open pit nickel mine and…
US markets tank, June 8-12: AngloGold Ashanti, Rio Tinto, Kinross Gold
Coronavirus cases in the U.S. topped 2 million and fears of a rise in infections pummelled the stock market. The Dow Jones Industrial Average Index…
BHP to revise mine expansion through 40 sacred sites
BHP (NYSE: BHP; LSE: BHP) will place on hold part of its expansion plans for its South Flank iron ore project in Western Australia (WA),…
US markets advance, May 25-May 29: Vale, Cleveland Cliffs, Fortuna Silver, Barrick
The Dow Jones Industrial Average rose 3.75% to 25,383.11, and the S&P 500 increased 3.01% to 3,044.31. Spot gold fell US$4.00 per oz., or 0.23%,…