Editorial: Funds demand more tailings transparency
Less than a week after the Jan. 25 tailings dam collapse at Vale’s Feijao iron ore mine in Brazil that killed 251 people and left 19 missing, the Church of…
Volume 105 Number 21 October 14 – 27, 2019
Market sentiment sweetening for silver, report says
The following is an edited excerpt from the “Global Silver Investment” report prepared by Metals Focus for The Silver Institute. Visit www.silverinstitute.org for complimentary access to the full report. Investor…
Four industry pioneers named to Canadian Mining Hall of Fame
In 2020, the Canadian Mining Hall of Fame will welcome four new inductees: P. Jerry Asp, Alex G. Balogh, Hans T.F. Lundberg and Eberhard (Ebe) Scherkus. The thirty-second annual induction…
TSX Venture slips, Sept. 30-Oct. 4: Abitibi Royalties, Cobalt 27 Capital, Novo Resources, Titanium Corp.
The S&P/TSX Venture Composite Index fell 1.9% to 558.76 during the trading week. Shares of Abitibi Royalties rose 34¢ (2.4%) to $14.44. The company announced on Sept. 23 that it…
TSX loses ground, Sept. 30-Oct. 4: Detour, Torex, Continental, Nutrien
The S&P/TSX Composite Index fell 1.5% to close at 16,449.35. Spot gold finished the trading week at US$1,504 per oz., up US$8.10 per ounce (0.54%). The S&P/TSX Global Gold Index…
Implats offers $1B for North American Palladium
Eyeing its first major operations investment outside of Africa, platinum group metals (PGM) producer Impala Platinum Holdings has struck a friendly deal to buy Canadian pure-play palladium producer North American…
US markets down, Sept. 30-Oct. 4: Sibanye-Stillwater, NACCO Industries, Cleveland Cliffs
The Dow Jones Industrial Average fell 0.9% to 26,573.70 and the S&P 500 Index fell 0.34% to 2,952. Spot gold finished the trading week at US$1,504 per oz., up US$8.10…
Fission study shaves capex, build time for PLS
Fission Uranium (TSX: FCU; US-OTC: FCUUF) has released an updated prefeasibility study (PFS) for an underground-only mine at its wholly owned Patterson Lake South (PLS) uranium project in northwestern Saskatchewan….
North American Palladium acquires 51% of Sunday Lake
On the back of record quarterly revenues from its wholly owned Lac des Îles mine, 100 km northwest of Thunder Bay, Ont., pure-play palladium producer North American Palladium (TSX: PDL;…
Top-10 silver companies by market cap
The Northern Miner presents the top-10, silver-focused companies by market capitalization. 1. Fresnillo Market cap: $8 billion With 61.8 million oz. silver production in 2018, Mexico City-headquartered Fresnillo (LSE: FRES)…
Rhodium punches above its weight with strong prices
Rhodium is an irreplaceable material for complying with carbon emission standards in gasoline-powered vehicles, which consume almost all of its annual production. But while global auto sales declined in late…
Waterberg study pegs 45-year mine life for Platinum Group Metals
Platinum Group Metals (TSX: PTM) tabled its definitive feasibility study (DFS) for the Waterberg platinum group metals (PGM) project in South Africa’s Bushveld Complex outlining a boost in palladium, platinum,…