Editorial: J. Pat Sheridan (1933-2015)
We mark the passing of legendary Bay Street mining entrepreneur J. Pat Sheridan on Jan. 10 in Toronto at age 81.
Articles by Northern Miner Staff
TSX Venture on the decline, Jan. 5-9
The S&P/TSX Venture Composite Index lost ground during the trading sessions, as it dropped 2.8%, or 19.6 points, en route to a 687.21-point weekly close. On the economic front, the U.S. Federal Reserve stated it expects the drop in oil…
Rio Tinto’s legal battle with Quebec Innu intensifies
VANCOUVER — Mega-miner Rio Tinto (NYSE: RIO; LSE: RIO) is staring down the barrel of a potentially costly legal battle with a pair of First Nation groups whose traditional Nitassinan territory covers a large part of northeastern Quebec…
Commentary: It’s time to embrace Indigenous land stewardship
Plunging oil prices have cast a gloom over the Canadian economy and added uncertainty to pipeline battles and how to best work with Canada’s indigenous peoples on resource extraction projects of all kinds.
Rio Tinto’s legal battle with Quebec Innu intensifies
VANCOUVER — Mega miner Rio Tinto (NYSE: RIO; LON: RIO) is staring down the barrel of a potentially costly legal battle with a pair of First Nation groups whose traditional Nitassinan territory covers a large part of northeastern Quebec…
Short Position Report
Short positions outstanding at Dec. 31/14 (with changes from Dec. 15/14).
TSX starts 2015 strong, Dec. 29-Jan. 2
Canada’s benchmark index exited the trading week in positive territory, helped by higher gold prices and mining stocks. The S&P/TSX Composite Index jumped 144.40 points to 14,753.65. It ended 2014 up 7.4% for the year, slightly below…
Suppliers news: Sandvik, IronPlanet-Cat, Dumas, Blutip
Oyster Night in Toronto
Silver Wheaton extends silver stream on Pascua-Lama
Given the unchanged prospects at Barrick Gold’s (TSX: ABX; NYSE: ABX) suspended Pascua-Lama gold-silver project in Chile and Argentina, Silver Wheaton (TSX: SLW; NYSE: SLW) has again amended its silver-stream agreement on the asset.
Editorial: Oil dips below US$50 per barrel
Further sharp declines in oil prices to start 2015 are signalling that oil prices will be a major theme this year for miners.
U.S. equities drift lower, Dec. 29-Jan. 2
The Dow Jones Industrial Average and the S&P 500 Index climbed 1.4% and 0.9%, but the major indexes edged lower in the last trading week of the year, falling 1.2% and 1.5% in the following trading session. The Dow finished the week at…
Commentary: China’s declining coal dependence
The latest energy-market numbers from the Chinese government show an acceleration of a remarkable phenomenon that emerged from 2012 to 2014. The bottom line today is that the traditional nexus between real gross domestic product (GDP) growth,…