Raymond James raises gold, copper forecasts, lowers uranium
Brian MacArthur of Raymond James is increasing his price forecasts for gold, copper, zinc and coking call and lowering his estimate for uranium. The mining analyst has revised his average…
Coal
US markets post slight gains: Vale, Cleveland Cliffs, Buenaventura, Franco-Nevada, Peabody Energy
The Dow Jones Industrial Average posted a marginal 0.17% gain to 25,106.33, while the S&P 500 Index ended 0.05% higher at 2,707.88. Despite a rising dollar, spot gold held above…
US Markets mixed, Nov. 12-16
Gold rose 0.9% to close the trading week at US$1,221.10. The Philadelphia Gold and Silver Index rose 2.9% to 66.08, while the Dow Jones Industrial Average fell 2.2% to 25,413.22….
US markets end in positive territory, Oct. 15-19
The Dow Jones Industrial Average rose 0.41% to 25,444.34, while the S&P 500 Index rose 0.02% to 2,767.78. Spot gold rose 0.74% to US$1,226.50 per oz. gold. Coal producers in…
Rio Tinto announces share buy-back program
Rio Tinto (LON: RIO) says it plans to buy back shares worth about US$3.2 billion. The funds were generated from the sale of coal assets and a smelter. Rio has…
US Markets rise slightly, Aug. 20-24
U.S. markets swung upward, as gold gained 1.7% to end the trading week at US$1,205.30. The Philadelphia Gold and Silver Index rose 2.6% to 67.68 and the Dow Jones Industrial…
BC’s highest NPV exploration projects
Using the database of our sister company Mining Intelligence, The Northern Miner compiled the following list of British Columbia’s four exploration projects with the highest net present values (NPVs), as…
Top 10 Canadian-based mining companies
The Northern Miner presents the top 10 Canadian-headquartered mining companies by market capitalization, as of early July 2018. NUTRIEN: $46 billion market cap Nutrien (TSX: NTR; NYSE: NTR) is a new…
US markets dip, May 14-18
Gold closed at US$1,291.9, down 2% over the previous trading week, as U.S. markets slipped. The Philadelphia Gold and Silver Index fell 2.14% to 82.06, and the Dow Jones Industrial…
Editorial: Former Massey Energy CEO, ex-con Blankenship attempts comeback in US Senate
It’s hard to figure out what the lessons are here, but the audacity and sheer political spectacle can’t go unremarked: the disgraced former CEO of Massey Energy, Don Blankenship, is…
US equities dip slightly, April 30-May 4
Uncertainty about the future of the central bank’s monetary policy and concern about a U.S.-China trade war kept a lid on U.S. equities. The Dow Jones Industrial Average fell 48.68…
TSX posts modest gains, March 5-9
Canada’s benchmark index rose 1.25% to 5,577.81 during a largely stagnant trading week. The S&P/TSX Global Mining Index fell 0.35% to 70.33 and the S&P/TSX Global Gold Index fell 0.75%…