London Silver Fix sees revamp
CME Group and Thomson Reuters have been chosen to deliver a new silver price mechanism to replace the London Silver Fix — a system that has been in place for over a century to set the daily benchmark price for silver.
Articles by Northern Miner Staff
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, July 15 2014Precious MetalsPrice…
Victory enters frac sand fray with Seven Persons plant
MEDICINE HAT, ALTA — When it comes to open-pit mining, having more than 100 million tonnes of overburden sitting on top of your deposit is typically a situation best avoided, but for junior Victory Nickel (TSX: NI; US-OTC: VNCKF)…
Frac sand 101: The grains explained
VANCOUVER — Horizontal drilling and fracturing technology have unlocked vast reservoirs of oil and gas from shale basins across North America. The continent hosts 67 billion barrels of technically recoverable shale oil and 1,238 trillion…
US stocks drop, July 7-11
The S&P 500 Index dropped 18 points to 1,967.57, marking its worst week since April, as European economic uncertainty continued. The Dow Jones Industrial Average fell 124 points to 16,943.81, while the Nasdaq Composite Index gave back 70…
Aboriginal title ruling reignites fights over resources in BC
VANCOUVER — In the two weeks after the Supreme Court of Canada’s landmark granting of aboriginal title over a broad swath of land in central B.C. to the Tsilhqot’in Nation, several new court cases and a re-energized battle…
Primero gets to work on Black Fox underground
VANCOUVER — After snapping up Brigus Gold and its Black Fox mine for $220 million in late 2013, Primero Mining (TSX: P; NYSE: PPP) pledged it would turn operations around and realize the project’s dormant underground potential….
The skies open for Rainmaker
In the last six months, Rainmaker Resources (TSXV: RMG) has acquired frac sand assets in both Canada and the U.S. that are close to key infrastructure and existing frac sand operations.
Dundee initiates coverage of Athabasca Minerals
Production at Athabasca Minerals’ (TSXV: ABM; US-OTC: ABCAF) Firebag silica sand project in northern Alberta could ramp up in late 2016 and early 2017 — perfect timing to capitalize on growing frac sand demand in North…
Nova Scotia fracking study urges caution
Nova Scotia’s deputy chief medical officer Frank Atherton is recommending that the provincial government take a cautious approach to hydraulic fracturing, or fracking, and argues in a new discussion paper that the relevant authorities…
Tsilhqot’in decision fuels uncertainty in Ontario
The Supreme Court of Canada’s Tsilhqot’in decision will have a ripple effect across Canada and could deter resource investment in the country, according to Neal Smitheman, a partner at law firm Fasken Martineau.
Fipke sells Ekati stakes to Dominion
VANCOUVER — More than two decades after his prospecting efforts kicked off a diamond rush in Canada’s Northwest Territories, Chuck Fipke is cashing in his chips.