TSX Venture declines, Sept. 13-17
The S&P/TSX Venture Composite Index fell 16.52 points points or 1.83% to finish the September 13-17 trading week at 886.83. Spot gold fell US$33.00 per oz. or 1.85% to US$1,753.80…
News
Rising spot uranium prices buoy explorers, developers and producers
Raymond James has raised its target prices on Cameco (TSX: CCO; NYSE: CCJ), Denison Mines (TSX: DML; NYSE-AM: DNN) and NexGen Energy (TSX: NXE) as spot uranium prices have jumped…
Australia approves Whitehaven’s controversial coal mine expansion
Whitehaven Coal (ASX: WHC) has been granted the green light to expand its Vickery project in New South Wales despite a global push to lower carbon emissions and a historic court ruling on authorities’ obligation to children to consider environmental harm before…
Indonesia mulls new export tax on nickel
In a move to enrich local processing, the Indonesian government may impose an export tax on products containing less than 70% nickel, Reuters reports, citing comments from the country’s Investment…
Global passenger EV registrations more than double in a year – Adamas report
New registrations of global passenger electric vehicles (EVs) surged by 109% year-on-year during the first six months of 2021, Adamas Intelligence has found in a new report. In its report…
American Pacific shares surge on ‘bonanza’ grabs from an expanded Tuscarora
The equity of exploration and development company American Pacific Mining (CSE: USGD; US-OTC: USGDF) surged as much as 18.4% this morning after the company announced late yesterday that it had…
Sibanye-Stillwater buys 50% stake in Nevada lithium project for US$490M
South African precious metal miner Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) has taken a 50% stake in ioneer Ltd’s (ASX: INR) lithium-boron project in Nevada for US$490 million. The deal is…
Rio Tinto hit with fresh tax bill in Australia
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has been hit with a A$379 million (US$277.7 million) bill as part of an ongoing dispute with the Australian Taxation Office (ATO) dating…
Mining must attract more women – report
Women are leaving the mining industry due to few growth opportunities.
MINExpo panel highlights ongoing digital transformation of mining, need to recruit young talent
After a year-long delay, MINExpo 2021 – the mining industry’s first big in-person event since the start of the Covid-19 pandemic – kicked off yesterday in Las Vegas. The massive…
Prairie Snapshot: Eight companies with potential in the heart of Canada
The Canadian Prairies may soon be known as much for their diverse mineral wealth including uranium, nickel, copper and zinc, as for their potash endowment and rolling hectares of grain….
The Northern Miner Podcast – episode 256: CPM Group’s Jeffrey Christian on macroeconomic complexity, central bank gold buying and EV adoption
In this week’s episode, we check in with CPM Group managing partner Jeffrey Christian, who gives us his latest take on the global economy, interest rates, the U.S. dollar, metal…