Europe’s largest rare earths deposit found in Sweden
Swedish state-owned mining company LKAB said it has found Europe’s largest known deposit of rare earths close to Kiruna, the country’s northernmost town. The Per Geijer deposit, just north of the…
Potash
The Northern Miner’s most clicked stories of 2022
As we end off 2022, The Northern Miner takes a look at the top 10 most-clicked stories on our website from Jan. 1 to Dec. 15. No. 1: Canada’s Top…
Mosaic cuts back production at Colonsay potash mine
US fertilizer producer Mosaic (NYSE: MOS) has temporarily cut production at its Colonsay potash mine in Saskatchewan, Canada, due to slower-than-expected demand. Prior to the curtailment, Colonsay had been operating at…
TSX drifts downward over the Nov. 11-18 trading week
Stocks fell slightly over the Nov. 11-18 trading period as energy stocks suffered from European oil and natural gas inventories approaching capacity and tech companies like Amazon announced layoffs, while…
Union at Saskatchewan Mosaic potash plant seeks mediation for higher wages
A union representing workers at Mosaic’s (NYSE: MOS) potash mine in Esterhazy, Sask. says it has filed for provincial mediation after negotiations for higher wages broke down. Some 750 workers…
US markets fall in the week ending Nov. 4
U.S. markets fell last week after the U.S. Federal Reserve increased its benchmark interest rate by 75 basis points and Fed chairman Jerome Powell said talk of a pause in…
Nutrien earnings outlook sours on pared potash guidance
Canada’s top potash producer Nutrien (TSX: NTR) has guided for lower full-year headline profit as September-quarter sales volumes and prices slid lower than expected. The Saskatoon, Saskatchewan-based crop nutrient producer,…
US markets end the Oct. 17-21 trading week higher
The Dow Jones Industrial Average gained 1,447.7 points or 4.9% during the Oct. 17-21 trading week to 31,082.56, and the S&P 500 closed 169.7 points or 4.7%% higher at 3,752.75….
TSX gains during Oct. 14–21 as inflation starts to slow
Markets were higher over the week as investors searched for a bottom to recent falls, anticipating that central banks won’t continue interest rate hikes for too much longer now that…
TSX gains during Sept. 6-9 trading week
Over the Sept. 9 trading period, the S&P/TSX Composite Index gained 502.49 points or 2.6%, to 19,773.34. The S&P/TSX Global Mining Index jumped 5.48 points or 6.25% to 93.23 and…
TSX closes in the red during Aug. 22-26
Over the Aug. 22-26 trading period, the S&P/ TSX Composite Index fell 238.09 points or 1.18% lower, to 19,873.29. The S&P/TSX Global Mining Index gained 2.37 points or 2.54% to…
U.S. markets lose steam during Aug. 22-26 trading week
The Dow Jones Industrial Average fell 1,423.34 points or 4.22% to 32,283.40, and the S&P 500 closed the trading week at 170.82 points or 4.04% lower at 4,057.66. The week’s…