Global mining index soars as China, US stimulus converge
The S&P/TSX Global Mining Index has gained 14% since Sept. 6 in its biggest jump this year after central banks cut interest rates, the United States signalled more battery metal…
The S&P/TSX Global Mining Index has gained 14% since Sept. 6 in its biggest jump this year after central banks cut interest rates, the United States signalled more battery metal…
Freeport-McMoRan (NYSE: FCX) and Southern Copper (NYSE: SCCO) top the list of U.S. mining companies by market capitalization and net income as two titans of the copper sector. Freeport-McMoRan is…
U.S. markets rose moderately during the week after investors considered an interest rate increase by the Federal Reserve to be near its last in the cycle while inflation fell and…
The Dow Jones Industrial Average gained an impressive 672 points or 2% during the Jan. 9-13 trading week to close at 34,302.61, and the S&P 500 gained 104.01 or 2.7%…
Vancouver-based Foran Mining’s (TSXV: FOM) executive chairman and CEO Dan Myerson doesn’t want to build just one mine. He has designs on creating Canada’s next copper mining camp in the…
Operations at Southern Copper’s Cuajone mine in Peru have been suspended for 15 days as locals continue to block the company’s access to a water reservoir and other key supplies,…
Peru’s economy and finance minister has cast further doubt about Southern Copper’s (NYSE: SCCO) long-delayed US$1.4 billion Tia Maria project by saying he believed the proposed mine in the southern Islay…
Following the rampant surge in copper prices earlier this year, competition amongst miners to supply the metal vital to the green energy transition is fierce. Global copper supply is dominated…
Mining in the United States has played a significant role in the country’s development. The Northern Miner presents its annual top-ten list of the largest U.S.-based mining companies ranked by market capitalization,…
Copper, the highly conductive red metal vital to the manufacturing of products essential to the electrification of the world’s energy systems is also used in heating, cooling, electronics, power generation…
In October, Auryn Resources was reorganized and split into three separate companies — Canada focused Fury Gold Mines (TSX: FURY NYSE-AM: FURY) and Peru-focused Sombrero Resources and Tier One Silver….
The sudden removal of a popular president amidst the coronavirus pandemic plunged Peru into chaos last month. On Nov. 9, Peru’s single-chamber Congress voted to impeach President Martín Vizcarra amid…
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