Nevsun agrees to $1.86B Zijin takeover bid
Nevsun Resources (TSX: NSU; NYSE: NSU) has agreed to Zijin Mining’s (HGK: 2899) friendly take-over bid which values Nevsun at $6 per share or $1.86 billion. Nevsun shares jumped nearly…
Lundin Mining Corporation
Editorial: C-suite departures hit Barrick, Teck, Lundin
The sudden and unexpected departure in late July of Barrick Gold president Kelvin Dushnisky — and more tellingly, the lack of a named replacement and the unusual vacancy in Barrick’s…
Nevsun’s Bisha not going away any time soon
It looks like the Bisha zinc-copper mine in Eritrea is going to be around a little longer — or perhaps a lot longer than most would have expected, after its…
TSX falls, July 24-28
The S&P/TSX Composite Index lost 54.48 points to a 15,128.65-point close over the trading period. Shares of Detour Gold rose $1.79 to $15.80 on rising gold prices and strong second-quarter…
Editorial: Canadian miners knock it out of the park in London
The Northern Miner, in association with the Prospectors & Developers Association of Canada, set out to shine a spotlight on Canada’s mining industry for European and U.K. investors with our…
PDAC 2017: Lukas Lundin on patience and his early successes
Mining tycoon Lukas Lundin, chairman of the Lundin Group, spoke with The Northern Miner at the Prospectors & Developers Association of Canada convention in March about his early successes in Argentina…
The Northern Miner podcast – episode 11: Special guest Trish Saywell on Argentina
Join Matt and very special guest Trish Saywell as they discuss the political and investment climate in Argentina. Trish is our Senior Staff Writer from Toronto who recently visited the…
Moody’s puts 55 miners on review for downgrade
Moody’s Investors Service has put the credit ratings of 55 mining companies under review due to poor market conditions, noting this downturn marks a “unprecedented shift” for the mining industry.
Copper miners will ‘struggle for survival’, Canaccord says
VANCOUVER — It’s now a “survival of the fittest” story for copper miners, according to Canaccord Genuity analyst Peter Bures, and commodity markets might not offer much relief for at least two years. Over the past 12…
TSX posts marginal gain, Oct. 30-Nov. 5
Canada’s main stock index fell after U.S. Federal Reserve Chair Janet Yellen said there was a “live possibility” of a rate hike in December.
TSX feels the chill, July 20-24
Canada’s resource-heavy benchmark index took a beating as prices for gold, copper and oil touched significant lows. Weaker-than-expected economic data from China and the Chinese equities rout added fuel to the slide in commodity stocks,…
Lundin faces scrutiny in Chile
Less than a year after Lundin Mining (TSX: LUN) acquired an 80% stake in Freeport-McMoRan’s (NYSE: FCX) Candelaria copper mine in Chile in a deal worth $1.8 billion, a Chilean environmental regulator has filed charges against the…