BMO looks for leverage to soaring zinc price
With several major zinc mines slated to close in the next few years, zinc prices have responded accordingly — climbing 12% year-to-date and 24% over the last 12 months.
Articles by Northern Miner Staff
RB Energy shares tank on production delay, financing needs
Shares in RB Energy (TSX: RBI; US-OTC: RBEIF) tumbled by 28% on news that technical issues would delay production at its Quebec Lithium project, and that the company needs another cash infusion just two months after closing a $22-million…
Donner Metals acquires Preissac nickel-copper-PGM property
If you want to find nickel mineralization in Quebec, probably one good place to start is near the past-producing Marbridge nickel mine — the only mine to have produced nickel in the Abitibi region and the first nickel sulphide…
Indonesia threatens Newmont’s licence for Batu Hijau
VANCOUVER — The Indonesian government is threatening to terminate the Batu Hijau copper–gold mine contract if owner Newmont Mining (TSX: NMC; NYSE: NEM) does not withdraw a legal challenge to the country’s new export taxes.
Constantine starts season at Palmer with nice hit
VANCOUVER — The second hole of the season at Constantine Metal Resources’ (TSXV: CEM; US-OTC: CNSNF) Palmer project in southeast Alaska has returned a high-grade copper–zinc intercept from 150 metres below the defined…
TSX Venture back in the green, July 21-25
The S&P/TSX Venture Composite Index registered a modest 5.2-point gain en route to a 1,017.44-point close. Markets were buoyed by an increase in base metal and energy futures, though analysts noted light mid-year trading volumes.
TSX climbs, July 21-25
The S&P/TSX Composite Index gained 188.47 points to close the trading week at 15,455.04. The S&P/TSX Capped Diversified Metals & Mining Index advanced 32.39 points to 924.02, while the S&P/TSX Global Gold Index stayed relatively…
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, July 29, 2014 Precious MetalsPrice…
Low coal prices cut into Teck’s profits
VANCOUVER — Teck Resources’ (TSX: TCK.B; NYSE: TCK) second quarter profit fell to $72 million, down more than 70% compared to the same quarter last year because of low metallurgical coal prices.
Fipke’s Northern Uranium thinks outside the basin
VANCOUVER — Conventional thinking amongst Canadian uranium explorers has been shifting over the past few years, and Northern Uranium (TSXV: UNO; US-OTC: NOURF) is hoping to be the next outfit to make a world-class discovery outside…
U.S. markets unsettled, July 21-25
The gold price faltered despite rising geopolitical tension across Europe, and down with it went the Dow Jones Industrial Average, which lost 139.61 points over the week to close at 16,960.57. The S&P 500 fared better, closing almost even…
Bradford Cooke aims to repeat Endeavour success at Santa Fe
VANCOUVER — Bradford Cooke and Endeavour Silver (TSX: EDR; NYSE: EXK) have revitalized a number of historic Mexican silver districts, and the team is now looking to take that model into the U.S. with a deal between…