ICSG forecasts copper surplus in 2015
After five years in a row of deficits, the copper market should show a production surplus in 2015, according to The International Copper Study Group.
Articles by Northern Miner Staff
Lonmin doubles down on Wallbridge JVs in Sudbury
VANCOUVER — U.K.-based platinum group metals (PGM) outfit Lonmin (LSE: LMI; US-OTC: LNMIY) remains bullish on the Sudbury basin and its expansive joint venture with junior Wallbridge Mining (TSX: WM; US-OTC: WLBMF). On Sept. 20…
Clarification
The story “Probe Mines brings ex-Barrick CEO on board” (T.N.M., Sept. 29-Oct. 5/14), included analysis of Probe Mines’ (TSXV:PRB)Borden gold project by Mike Hocking, a mining analyst at Scotia Capital. The story…
Ivanhoe says most locals support Platreef
Should Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) cranks out its estimated 785,000 oz. platinum, palladium, rhodium and gold from the Platreef project in South Africa, the underground operation 280 km northeast of Johannesburg would be…
Editorial: Miners smile at falling oil prices
Mining companies struggling to cut cash costs have caught a welcome break in September and October, as global oil prices have fallen sharply to two-year lows.
Orbis Gold spurns Semafo’s advances
A day after the board of directors of Orbis Gold (ASX: OBS) rejected an unsolicited all-cash takeover offer made on the Thanksgiving holiday weekend from Montreal-based Semafo (TSX: SMF; US-OTC: SEMFF), the Australian mining company released an…
RB Energy halts production
Instead of heading toward full production in early 2015 at its Quebec Lithium mine, 60 km north of Val-d’Or, Que., RB Energy (TSX: RBI; US-OTC: RBEIF) is headed for a restructuring.
US markets struggle, Oct. 6-10
The S&P 500 Index posted its biggest weekly decline since March 2012, as anxiety about weak global economic growth in Europe and China and concerns about the winding down of the U.S. Federal Reserve’s bond-purchasing program drove…
TSX sinks on global economic fears, Oct. 6-10
Canada’s main stock index posted its biggest loss in more than a year as investors fretted about the state of the global economy, despite robust employment data.
Mega Precious Metals’ emerging gold-tungsten camp at Monument Bay
VANCOUVER — It’s been a bountiful year of drilling for explorer Mega Precious Metals (TSXV: MGP) at its wholly owned Monument Bay project, 340 km southeast of Thompson, Man. The company was hoping an infill drill campaign on its…
A leaner Coeur Mining boosts returns
Coeur Mining (TSX: CDM; NYSE: CDE) is steadily turning the corporate ship back towards profitability. The largest U.S.-based primary silver producer has spent nearly three years in transition — navigating choppy metal prices and financial…
Silver miners under pressure to trim costs
A 24% year-on-year drop in the average annual silver price in 2013 to US$23.79 per oz. and an average price for the precious metal of US$19.71 per oz. in the third quarter of this year continues to put pressure on silver producers.