The Northern Miner put together the largest global gold reserves at operating mines in 2016, using the Intelligence Mine database from sister company Infomine. The list excludes combined reserves at…
KHABAROVSK, FAR EAST RUSSIA — IG Copper (IGC), a privately held U.S. company, is making headway at its 51% held Malmyzh copper-gold porphyry project in Far East Russia, near the…
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…
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…
U.S. equities rose after a brighter outlook for commodities and positive corporate earnings in a number of sectors. The Dow Jones Industrial Average climbed 1% to 18,145.71, and the S&P…
VANCOUVER — It’s been a busy year for Nevsun Resources (TSX: NSU; NYSE-MKT: NSU) headlined by the US$440-million cash-and-share purchase of junior Reservoir Minerals and its stake in the emerging…
David Cole, president and CEO of Eurasian Minerals (TSX: EMX; NYSE-MKT: EMXX), took some time during a visit to Toronto to chat with The Northern Miner about the company’s business…
VANCOUVER — Freeport-McMoRan (NYSE: FCX) has been working to reduce its sky-high debt loads, and on May 9 it made the deepest cut to date. The company has agreed to sell…
The S&P 500 Index and the Dow Jones Industrial Average posted their best performances since November. The S&P 500 rose 2.8% to 1,917.78, and the Dow advanced 2.6% to 16,391.99. The Nasdaq climbed 3.8% to 4,504.43, in its largest weekly…
The opening week of 2016 marked the worst first week in history for Wall Street stocks, as oil prices fell to their lowest level in more than a decade and concerns about slowing growth in China spooked global markets. Manufacturing data in…
VANCOUVER — As traditional forms of equity and debt finance become harder to obtain for mining companies, there’s been a rise in stream agreements, which offer miners access to cash for a percent of future by-product metal…
As we all know, mining is a cyclical business, and by all appearances we are into the stage of the commodities cycle where many of the biggest, highest-quality major mining companies, especially base metal miners, are trimming and even…
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