Glencore offers to buy rest of PolyMet for US$71M
Mining and commodities giant Glencore (LSE: GLEN) has offered PolyMet Mining (TSX: POM; NYSE: PLM) to buy the company’s shares it does not already own for US$2.11 in cash each,…
PolyMet Mining Corp
Glencore ups stake in Polymet to 82% through US$195M rights offering
PolyMet Mining (TSX: POM) says it has completed one of the largest rights offering on the market. Under the offering, PolyMet shareholders had the right to acquire roughly 0.91 of…
Battery metal binge outweighs cost hikes at PolyMet copper-nickel project in Minnesota
Surging demand for battery metals is offsetting increased costs to build PolyMet Mining’s (TSX: POM) copper-nickel project in northeastern Minnesota, according to new estimates. Developing the first phase of the…
EPA deals fresh blow to PolyMet’s US$1B copper-nickel mine
The U.S. Environmental Protection Agency (EPA) has dealt a fresh blow to PolyMet Mining’s (TSX: POM) plans to build an open pit copper-nickel mine in Minnesota, by recommending that the…
Exploration Projects to Watch Snapshot: Eight companies on the lookout for new deposits
Mining companies are scouring the globe to find new deposits and future mines. Here’s a list of eight companies hunting for base and precious metals around the world. AURION RESOURCES…
Top-10 base metals, uranium explorers and developers in Canada
The Northern Miner has compiled a list of the top-10 base metal and uranium juniors — with no production, and which are not a royalty company — headquartered in Canada,…
Top 10 Canada-based juniors with substantial assets in the US
Canadian junior companies have a large presence south of the border. The Northern Miner presents its top-10 list of the biggest Canada-based juniors with substantial assets in the U.S., by…
TSX posts marginal gains, Dec. 27-29
Canada’s benchmark index rose 0.27% on a shortened trading week to 16,209.10.The S&P/TSX Global Mining Index gained 0.82% to 72.31 while the S&P/TSX Global Gold Index budged slightly, moving from…
US equities pick up steam, Sept. 28-Oct. 2
Employment data from the U.S. Labor Department showing that 142,000 new non-farm jobs were created in September — far less than the 203,000 forecast — furthered expectations that the U.S. Federal Reserve would delay raising interest…
TSX slips again, June 15-19
Canada’s benchmark index dropped 0.6% to finish at 14,653.12, amidst fears that Greece could default on its debt, and lower-than-expected Canadian retail sales in April. The S&P/TSX Capped Diversified Metals & Mining Index fell 4%…
U.S. indexes down third week in a row, March 9-13
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….
U.S. markets, July 1-5
U.S. markets were closed for the Independence Day holiday on July 4, but when they reopened on Friday, strong jobs data helped push the S&P 500 Index above its 50-day moving average for the first time since June 19. The employment numbers…