TSX Venture in the black, Dec. 27-29
The S&P/TSX Venture Composite Index gained 40.42 points to a 850.72-point close, as spot gold prices gained US$28.64 to US$1,302.8 per oz. gold on a weakening U.S. dollar. Comex copper…
Coal
BMO’s Hamilton on industrial and commodity outlook
VANCOUVER — Colin Hamilton is the managing director of commodities research at BMO Capital Markets based in London, England. He was previously head of commodities research at Macquarie Group in Australia,…
The Northern Miner podcast – episode 85: Happy Holidays commodity special ft. BMO & Major Drilling
Subscribe, rate and follow us on SoundCloud, iTunes, YouTube, Google Play, Stitcher or RSS Feed! Happy Holidays from The Northern Miner! We’re capping off a banner year with a bang in the Northern Miner podcast’s final episode of…
Glencore optimistic on industrials, electric vehicles
VANCOUVER — Commodity giant Glencore (LON: GLEN) has been the proverbial elephant in the room during the current zinc rally, with the market pondering a scenario involving up to 500,000…
US markets move higher, Nov. 27 to Dec. 1
The Dow Jones Industrial Average posted its largest weekly gain since December 2016, buoyed by optimistic expectations that U.S. lawmakers were making progress on tax-cut legislation. The Dow climbed 2.9%…
US markets post marginal gains, Oct. 30-Nov. 3
The unemployment rate in the U.S. fell to 4.1% to a new 17-year low over the reporting period. Spot gold ended the week at US$1,269.40 per oz., down 0.30%, or…
US markets falter, Oct. 16-20
Gold closed at US$1,280 per oz., down US$23.30 per ounce. The Philadelphia Gold and Silver Index dropped 2.61% to 85.01, while the Dow Jones Industrial Average stayed strong, rising 2%…
SEC charges Rio Tinto with fraud
The U.S. Securities and Exchange Commission (SEC) has charged Rio Tinto (NYSE: RIO; LON: RIO) and two of its former executives with fraud for inflating the value of coal assets…
TSX breaks 15,000 level, Aug. 21-25
The S&P/TSX Composite Index broke the 15,000 level, finishing 0.69% higher at 15,055.99. Base metal prices — copper climbed above US$3 per lb. for the first time since 2011, while…
East Coast Snapshot: Eight juniors on the hunt in Atlantic Canada
Although many of the mineral deposits in Atlantic Canada are on the smaller side, the region is nonetheless home to dozens of junior explorers and developers with active programs in…
US markets down, June 26-30
Real gross domestic product in the U.S. increased at an annual rate of 1.4% in the first quarter of 2017, down from 2.1% in the fourth quarter of 2016. Consumer…
China ‘holds the key’ to thermal coal price stability
The Northern Miner recently spoke with Andy Roberts, Wood Mackenzie’s research director of global thermal coal markets, to get an overview of the sector. Based in Austin, Texas, Roberts analyzes…