In April BMO Capital Markets initiated coverage of BHP Billiton (LSE: BLT) spin-off South32, (LSE: S32; US-OTCBB: SOUHY)commenting that the shares of the newly created mining company “represent a more compelling investment than BHP…
In 1979 The Northern Miner named Norman B. Keevil its Mining Man of the Year, citing the impressive string of mine constructions he presided over in the 1970s. Since winning that award Dr. Keevil went on to ensure Teck was part of some of the…
One of the more contentious showdowns in B.C. in recent years between a First Nation and a mine developer has been neatly diffused by the B.C. government, which has swept in with $18.3 million to buy Fortune Minerals’ Arctos high-quality…
Teck Resources (TSX: TCK.B; NYSE:TCK) cut its semiannual dividend and posted lower-than-expected first-quarter earnings, as the slump in commodity prices continued.
U.S. stocks rose for a second straight week. The Dow Jones Industrial Average advanced 294.41 points to 18,057.65 and the S&P 500 Index gained 35.1 points to finish at 2,102.06. Both indexes were up 1.7%. The Nasdaq Composite rose 2.2% to…
In late February Mongolian President Elbegdorj Tsakhia may have pardoned three former employees of SouthGobi Resources (TSX: SGQ) who were convicted in a tax evasion case on Jan. 30, and handed jail sentences of between five and six years, but…
Colombia’s mining sector makes up 3% of the country’s gross domestic product. It is the world’s fourth-largest coal producer at 90 million tonnes per year, the tenth-largest nickel producer, and it is rich in copper, precious…
With coal prices sitting at multi-year lows, almost 17% of coal production this year in the U.S. could be at risk of idling or closure, as total cash costs plus sustaining capital expenditures exceed current market prices, Wood Mackenzie says…
U.S. stocks posted losses for the third straight week, with the Dow Jones Industrial Average finishing 0.6% lower at 17,749.31 and the S&P 500 Index closing at 2,053.40, a 0.9% drop. Disappointing economic data from China, a stronger U.S….
With metal markets being the number-one indicator for the health of the global mineral exploration industry, a great way to kick off the technical program of the Prospectors & Developers Association of Canada convention in Toronto is to…
A privately held company in China called Novel Sunrise Investments will become the largest shareholder in SouthGobi Resources (TSX: SGQ; US-OTC: SGQRF; HK: 1878) after it acquires shares from Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ), and…
When The Northern Miner visited Coalspur Mines’ (TSX: CPT; ASX: CPL) Vista coal project on the eastern edge of the Rocky Mountains in late 2010, seaborne thermal coal prices were trading at US$120 per tonne.
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