US markets edge lower, July 20-24
The Dow Jones Industrial Average fell 0.76% to 26,469.89 and the S&P 500 fell 0.28% to 3,215.63. Spot gold jumped US$91 per oz., or 5.03%, to finish the July 20-24…
Copper
TSX posts slight decrease, Jul 20-24
The S&P/TSX Composite Index fell 0.78% to 15,997.06 during the July 20-24 trading week. The S&P/TSX Global Mining Index rose 1.48% to 98.48, and the S&P/TSX Global Base Metals Index…
Rio Tinto sees promise at Winu copper-gold project in Australia
Rio Tinto (NYSE: RIO; LSE: RIO) says it has made a “promising” discovery in Western Australia, 2 km east of its Winu copper-gold project, which is on track to begin…
US gov’t approves Ambler access road in Alaska
The U.S. Bureau of Land Management has approved the development of the northern route to provide access to the Ambler mining district in northwest Alaska. According to South32 (ASX: S32)…
Northern Dynasty’s Pebble project approved after 15-year fight
Northern Dynasty Minerals (TSX: NDM) has cleared the last environmental hurdle for its proposed Pebble copper-gold-molybdenum mine in Alaska almost two decades after developers first started considering the project. The…
Top 10 US-based mining companies
Mining in the United States has been ongoing for centuries and has played a role in the country’s development over the years. The Northern Miner presents its annual Top-10 listing…
Teck delays QB2 expansion in Chile
Teck Resources (TSX: TECK.B; NYSE: TECK), Canada’s largest diversified miner, could see its Quebrada Blanca Phase 2 (QB2) expansion project in Chile delayed by up to six months due to…
Copper price surges to two-year high
Copper futures rallied on July 21 after an agreement on a massive economic stimulus plan in Europe, optimism about a Covid-19 vaccine, and ongoing worries about pandemic-hit supply from top…
Antofagasta maintains copper output despite Covid-19
Chilean miner Antofagasta (LSE: ANTO) has shown resilience amid the country’s Covid-19 crisis, delivering copper volumes in the second quarter that were 5% ahead of expectations, but 8.4% lower than…
Top 10 Canada-based companies with substantial US assets
The U.S. is fertile ground for a variety of minerals, and Canadian companies are active throughout the country. The Northern Miner presents its top 10 list of the biggest Canada-based…
Northern Dynasty awaits final permit at controversial Pebble project
Northern Dynasty Minerals (TSX: NDM) is poised to clear the last hurdle for its proposed Pebble copper-gold mine in Alaska this week, the regulatory chief for the U.S. Army Corps…
Jiangxi Copper sells some shares in First Quantum
Jiangxi Copper has sold 1.2 million shares in First Quantum Minerals (TSX: FM; LSE: FQM), according to SEDI filings, BMO reported. The sale represents less than about 0.2% of First…