BHP scraps US$2.5B Olympic Dam expansion plan
Mining giant BHP (NYSE: BHP; LSE: BHP) has shelved a planned US$2.5 billion expansion of its Olympic Dam copper, gold and uranium mine in South Australia, after studies of the…
News
David Rosenberg to present 2021 outlook at Global Mining Symposium in November
The Northern Miner is profoundly honored to be joined by one of the world’s foremost and respected economists, David Rosenberg, at its third virtual event of 2020, the Global Mining…
Kirkland Lake Gold reports ‘exceptional’ grades at Macassa
The latest drill results from Kirkland Lake Gold’s (TSX: KL; NYSE: KL) Macassa mine in Ontario include ‘exceptional’ gold grades and suggest potential for resource and reserve additions in three…
Copper snapshot: Eight companies with promising assets
With rising prices, a favourable supply-demand outlook and few new mines in development, investors are paying close attention to copper. Here are eight companies developing the next generation of projects….
Lundin Mining to halt Candelaria after union talks fail
Lundin Mining (TSX: LUN) will suspend operations at its Candelaria copper mine in Chile after failing to reach a deal with a second union, representing about 550 workers, which will…
Kinross Gold mulls sale of Americas mines
Canadian miner Kinross Gold (TSX: K; NYSE: KGC) is said to be studying a sale of its gold mines in North and South America and moving its primary stock listing…
TSX Venture falls, Oct. 12-16
The S&P/TSX Venture Composite Index fell 0.95%, or 6.94 points, to finish the Oct. 12-16 trading week at 725.31. Spot gold dropped US$30.90 per oz., or 1.60%, to US$1,899.70 per…
US markets climb, Oct. 12-16
The Dow Jones Industrial Average rose 0.07% to finish the week at 28,606.31, and the S&P 500 climbed 0.19% to 3,483.81. Spot gold dropped US$30.90 per oz., or 1.60%, to…
TSX down, Oct. 12-16
The S&P/TSX Composite Index fell 0.75% to 16,438.75 during the Oct. 12-16 trading week. The S&P/TSX Global Mining Index declined by 1.61% to 96.52, and the S&P/TSX Global Base Metals…
Gold price range-bound near US$1900 per oz.
Gold prices steadied in a tight range around the US$1,900 level on Friday, but fading chances of a stimulus agreement before the U.S. presidential election kept bullion on track for…
Glencore talks nickel with car, battery makers
Global miner and commodities trader Glencore (LSE: GLEN) is close to securing nickel supply deals with automakers and battery producers amid a looming squeeze in the market and Tesla CEO…
Diamond market shows signs of revival
After being virtually shut down since March, the diamond market has slowly come back to life. This fall, De Beers, the world’s largest diamond producer by value, has reported a…