Editorial: Mali-ce aforethought
Another year, another coup in Africa. This past week it was Mali’s turn to see rebel troops running through the streets of the capital and taking over the presidential palace.
Articles by Northern Miner Staff
ICSG: China, Russia boost copper use for 2011
The following is a summary of the International Copper Study Group’s (ICSG) preliminary data for 2011 world copper supply and demand. The full report is included in the ICSG’s March 2012 Copper Bulletin, which can be purchased at…
Nationalization to bite into miners’ revenues
Indonesia’s new indigenization legislation aimed at foreign mining companies opens another chapter in a resource-nationalization saga amongst developing countries.
Market news
Toronto Stock Exchange
Mali unrest puts gold miners on edge
Businesses operating in Mali should expect a hike in mining taxes and an increase in terrorism risk in the wake of a coup attempt in the West African nation, warns Exclusive Analysis, a London-based specialist intelligence company that…
Australia imposes 30% mining tax
The Australian Parliament has passed a bill for a 30% mining tax on iron ore and coal mine profits in the country, leaving some miners and state governments threatening to fight back.
Victory Gold hits the spot at Gold Pike
In the gold mining game some juniors search for the next big elephant in far-flung places that have seen nary a drill collar, while others take a more conservative approach.
Spot prices
Tuesday, Mar 27, 2012
LME warehouse levels
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, March 26, 2012 (change from March 19 in brackets):
Producer and dealer prices
Antimony: Mid-mkt US$12,950.00/t
It’s high noon for Anglo and Codelco at Los Bronces
Vancouver — A dispute between Anglo American (AAUKY-Q, AAL-L) and Chilean state-owned copper miner Codelco over the Los Bronces copper mine in Chile has devolved into a public spat in the Chilean courts and international press.
Katanga wants to be Africa’s biggest copper producer
Katanga Mining (KAT-T) is gearing up to take a big copper project, and make it that much bigger.