US markets rise over July 25-28 trading week
Over the July 25-28 trading period, the Dow Jones Industrial Average gained 855.09 points, or 2.7%, to 32,845.13, and the S&P 500 jumped 151.79 points or 3.8% to 4,118.63. Although…
Vale S.A.
Horizonte releases PFS on Vermelho
Vermelho — one of the largest and highest-grade undeveloped laterite nickel-cobalt resources in the world — will generate US$7.3 billion in total cash flow over 38 years, Horizonte Minerals (TSX:…
The Northern Miner Podcast – episode 134: Iron ore markets post-Vale disaster, Ukraine update ft Black Iron’s Matt Simpson
Global iron ore markets are under great stress in the wake of Vale’s horrific tailings-dam disaster near Brumadinho in Brazil, which has resulted in 10% of the world’s iron ore…
Editorial: Iron ore prices surge higher on Vale disaster
All of those supply and demand, and price forecasts carefully assembled in late 2018 for iron ore have become obsolete in the wake of Vale’s devastating Corrego do Feijao tailings…
US markets rise marginally, April 16-20
The Dow Jones Industrial Average climbed 0.42% to 24,462.94 and the S&P 500 Index rose 0.52% to 2,670.14. Alcoa posted the largest gain, surging $5.05 per share to $60.01. The…
US markets falter, Aug. 7-11
U.S. President Donald’s Trump threats last week to unleash “fire and fury” against the North Korean regime if it endangered the U.S. or its allies sent the Dow Jones Industrial…
Wall Street gains, Feb. 21-24
The S&P 500 Index added 0.69% to close at 2,367.34, while the Dow Jones Industrial Average climbed 0.96% to 20,821.76, both finishing at new highs during the holiday-abbreviated week. The…
Mosaic to acquire Vale’s fertilizer assets for US$2.5B
VANCOUVER — Mosaic (NYSE: MOS) is buying the “majority” of Vale’s (NYSE: VALE) fertilizer business in a cash-and-share deal valued at US$2.5 billion. The transaction would see Vale receive an…
US markets relatively stable, Dec. 12-16
The U.S. Federal Reserve’s decision to raise its key interest rate 25 basis points to a range of 0.5% to 0.75% — its first rate hike since December 2015 —…
US markets move higher, Nov. 7-11
Expectations by many that Donald Trump’s electoral victory would boost the U.S. economy sent the Dow Jones Industrial Average up 5.4%, or 959.38 points, to 18,847.66. The S&P 500 Index…
Pressure grows on Samarco, one year after tailings disaster
Legal and financial pressures are mounting on Samarco, one year after a tailings dam failure sent 60 million cubic metres of mine waste and sludge into Brazil’s Rio Doce river…
Many riches underlie Canadian Prairies
VANCOUVER — There’s more than meets the eye when it comes to mineral potential in the Canadian Prairie provinces of Alberta, Saskatchewan and Manitoba. Their unique — and often overlooked…