SEC approves first copper-backed ETF
VANCOUVER – After a two-year regulatory battle, JP Morgan has won approval from the Securities and Exchange Commission (SEC) to launch an investment vehicle that tracks the price of copper.
Articles by Northern Miner Staff
Canaccord reflects on juniors
In its last issue of the year, Canaccord Genuity’s Junior Mining Weekly takes a look back at 2012 and offers predictions for what lies ahead in 2013.
Short Position Report
Short positions outstanding on Dec. 15/12 (with changes from Nov. 30/12).
Belo Sun’s Volta Grande on M&A radar
Belo Sun Mining’s (BSX-T) Volta Grande could become a potential acquisition target as the Toronto-based firm continues to expand and de-risk the large gold project in Brazil, analysts say.
Semafo back on track after soggy summer
Semafo (SMF-T) is bouncing back from a tough third quarter, which saw production dip at its key mine in West Africa.
Berlin takes U3O8’s breath away
Revenue from by-products phosphate, vanadium and yttrium will more than pay for the mining and extraction of uranium oxide at U3O8 Corp.’s (UWE-T, UWEFF-O) Berlin project in Colombia, according to a preliminary economic assessment (PEA).
First Quantum adds heft to two Zambian projects
Proving that it’s got more going on than a potential merger with Inmet Mining (IMN-T), First Quantum Minerals (FM-T) has delivered some serious tonnage from two of its projects in Zambia.
Market news: Toronto Stock Exchange
The S&P/TSX Composite Index rose 84 points to 12,296.72 for the period, as stronger-than-anticipated manufacturing numbers out of China outweighed fears over the looming fiscal cliff south of the border.
Market news: TSX Venture Exchange
The second week of December was a sideways one for the S&P/TSX Venture Composite Index, as it alternated between small gains and small losses to end the session up just 0.66 point at 1,183.62. Trading volumes were average, ranging between…
Duluth, Antofagasta go big on the South Kawishiwi
Toronto-based Duluth Metals (DM-T) and 40% joint-venture partner Antofagasta (ANTO-L) can claim to hold one of the largest pollymetallic sulphide deposits following a resource update on the Twin Metals project near Ely, Minn. Duluth announced…
Market news: U.S. Markets
Pessimism about negotiations to avert the fiscal cliff drove U.S. equity markets down, with the Dow Jones Industrial Average slipping 0.32%, or 4.49 points, to close at 1,413.58, while the S&P 500 Index lost 0.15%, or 20.12 points, to…
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, December 18, 2012Precious MetalsPrice…