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…
Freeport-McMoRan Inc
Exclusive interview: Lukas Lundin on the state of the mining industry
VANCOUVER — Lukas Lundin, chairman of the Lundin Group of Companies, sat down with The Northern Miner via Skype from Switzerland for an in-depth discussion on the current state of…
Editorial: Copper prices near two-year highs
If you ever wondered what would happen to copper prices if 10% of world supply suddenly went offline, mid-February provided the answer: Spot copper prices soared to 20-month highs of…
Dow breaks 20,000, Jan. 23-27
The Dow Jones Industrial Average closed above the 20,000 threshold three times during the trading week, and finished at 20,093.78, marking a 1.34% gain, while the S&P 500 Index rose…
TNM Data Miner: Largest global gold reserves in 2016
The Northern Miner put together the largest global gold reserves at operating mines in 2016, using the Intelligence Mine database from sister company Infomine. The list excludes combined reserves at…
Site visit: IG Copper, Freeport probe Russia’s Far East
KHABAROVSK, FAR EAST RUSSIA — IG Copper (IGC), a privately held U.S. company, is making headway at its 51% held Malmyzh copper-gold porphyry project in Far East Russia, near the…
Lundin to sell Tenke stake to Chinese PE firm for US$1.1B
Six months after Freeport-McMoRan (NYSE: FCX) agreed to sell its 56% stake in the Tenke Fungurume copper-cobalt mine in the Democratic Republic of the Congo (DRC) to China Molybdenum, joint-venture…
Atalaya revives iconic Rio Tinto mine in Spain
Atalaya Mining’s (TSX: AYM; LSE: ATYM) Proyecto Riotinto copper mine in the Andalucia region of Spain is on the verge of producing 90 million lb. copper (42,000 tonnes copper) in…
Wall Street gains, Oct. 17-21
U.S. equities rose after a brighter outlook for commodities and positive corporate earnings in a number of sectors. The Dow Jones Industrial Average climbed 1% to 18,145.71, and the S&P…
Nevsun CEO talks Timok and future at Bisha
VANCOUVER — It’s been a busy year for Nevsun Resources (TSX: NSU; NYSE-MKT: NSU) headlined by the US$440-million cash-and-share purchase of junior Reservoir Minerals and its stake in the emerging…
Eurasian finds success in US
David Cole, president and CEO of Eurasian Minerals (TSX: EMX; NYSE-MKT: EMXX), took some time during a visit to Toronto to chat with The Northern Miner about the company’s business…
Freeport to sell Tenke stake for US$2.7B
VANCOUVER — Freeport-McMoRan (NYSE: FCX) has been working to reduce its sky-high debt loads, and on May 9 it made the deepest cut to date. The company has agreed to sell…