Rio Tinto to sell Aussie coal assets for US$2.4B
An agreement to sell Rio Tinto’s (NYSE: RIO; LSE: RIO) Hunter Valley thermal coal assets in Australia to Yancoal Australia (ASX: YAL; US-OTC: YACAF) may come as no surprise to…
Coal
When the east pushed back: The geology and metal districts of BC and Yukon
VANCOUVER — In 1971, two geologists from the Geological Survey of Canada, Jim Monger and Charlie Rouse, proposed an idea that helped radically shape how we view the geological history…
The Northern Miner podcast – episode 42: New Year edition ft. 2017 outlook, Donald Trump and Cordoba Minerals
The Northern Miner returns with a post-holiday edition wherein Western Editor Matthew Keevil digs into a variety of the macroeconomic and political themes heading into 2017. We discuss financial outlooks…
Editorial: Canadian government moves to quash thermal coal miners
In November the Canadian government announced sweeping plans to phase out coal-fired power generation across Canada by 2030. Coal miners and electricity consumers across Canada can only be left wondering…
Base metal and bulk commodity forecasts improve heading into 2017
VANCOUVER — It’s been a tough run the past few years for people involved with base metals and industrial commodities. Recessions among leading global economies combined with oversupply concerns to…
Wall Street rises, Nov. 21–25
U.S. equities ended holiday-shortened trading in positive territory. The S&P 500 Index rose 1.4% to 2,213.35, while the Dow Jones Industrial Average advanced 1.5% to 19,152.14. The Nasdaq Composite Index…
Editorial: What a Trump presidency means for US miners
Mining’s contribution to the recent U.S. presidential election was nicely captured in the interactions of the two leading candidates with coal miners in the Appalachians. In March 2016, Democratic Party…
The Northern Miner podcast – episode 37: The Hadean eon and Precipitate Gold CEO
We’re back in action with Lesley and Matt in a Geology Corner feature that digs deep into the Hadean geologic eon and veneer theory — we’re going all the way back to the…
TSX dips as oil drops, Oct. 24-28
The S&P/TSX Composite Index lost ground over the week, retreating 1.3% to 14,785.29, as the price of oil weakened. The S&P/TSX Global Mining Index stayed relatively flat at 63.46, while…
US markets post mixed results, Oct. 24-28
Real gross domestic product in the third quarter increased at a 2.9% annual rate, according to an advance estimate by the U.S. Bureau of Economic Analysis. Real GDP in the…
The Northern Miner podcast – episode 32: Quebec rocks and gold mergers
Matt and Lesley are back with another edition of The Geology Corner. This week we’re focusing on Quebec gold deposits, with discussion ranging from Agnico Eagle Mines’ (TSX: AEM; NYSE:…
Teck seeks more cuts despite ‘cost reduction fatigue’
Teck Resources’ (TSX: TCK.B; NYSE: TCK) chief financial officer Ron Millos said the company intends to lower debt and improve operating costs, despite the fact that it is getting harder…