Copper price jumps on China policy pivot, but market has seen it before
Copper jumped on Monday, rising by more than 2% overnight to a four-week high of US$4.30 per lb. (US$9,470 per tonne) on the CME in Chicago, after China’s politburo signalled…
Asia
London Symposium: Rule, Roosen call for smarter junior mining investment
“No one ever won the Kentucky Derby with the best jockey on a donkey,” Osisko Development (TSXV: ODV; NYSE: ODV) founder and CEO Sean Roosen told an industry event last…
London Symposium: How new tech and sustainability can transform mining
Green technologies and sustainability-focused project strategies are helping the industry address risks earlier and build longer-lasting community ties, a London industry event heard this week. Better technologies, integrating artisanal miners…
China’s ‘super-giant’ gold discovery claim sounds ‘aspirational,’ WGC expert says
The World Gold Council (WGC) is skeptical about China’s Nov. 21 claim of discovering a US$83 billion gold deposit in the southeastern province of Hunan. The Geological Bureau of Hunan…
Exploration activity in October was highest in a year, S&P data shows
The mining sector saw a sharp uptick in activity during the month of October, aided by an influx of significant drilling results and surge in financings, according to the latest…
RANKED: Top 20 automakers by EV battery metal spending
While the global electric car market has certainly slowed down from the rapid growth of the last few years, particularly in Europe, year to date unit sales (including plug-in and…
Covering mining’s projects, people and sticky challenges over a two-decade career
This will be my last editorial for The Northern Miner after 19 years here, and with its sister publications. In December, I’m off to start another adventure outside of mining. …
Platinum Group partners with Saudi firm for smelter amid South African export hurdles
Canada’s Platinum Group Metals (TSX: PTM; NYSE-AM: PLG) is working with Saudi Arabia and a Riyadh-based partner to build a smelter and refinery in the Middle East country. But they…
Trump tariff plan would knock US-Canada-Mexico metals and mining
United States president-elect Donald Trump’s pledge to slap double-digit tariffs on America’s top trading partners will snarl metals supply chains and lower demand, analysts and industry leaders said. Trump said…
Mining CEO salaries rise, but gender diversity remains elusive, Bedford report finds
Chief executive base salaries in the mining industry increased between 2% and 12% in 2023, according to the Bedford Group/TRANSEARCH’s 2024 Board and Executive Compensation Report. Companies with assets under…
Diamond miners face turning point amid weak prices: report
The diamond industry, once a symbol of timeless stability, finds itself in a state of flux as prices for natural diamonds hit multiyear lows, driven by a mix of evolving…
Vedanta to invest US$2B in Saudi copper projects
Vedanta Copper, a subsidiary of India’s Vedanta, has announced plans to invest US$2 billion in copper-processing facilities in Saudi Arabia, a fresh boost to the kingdom’s aspirations to establish itself…