Update: Chinese GDP estimates decline on coronavirus
Uncertainty over the coronavirus outbreak — which has sickened 37,251 people in 25 countries and left 813 people dead (all but two of them in mainland China) as of Feb….
Asia
Iron price falls on coronavirus
Benchmark iron ore prices fell on Jan. 29 as China — responsible for more than 70% of the world’s seaborne iron ore trade — struggles to control the deadly coronavirus…
TSX Venture dips, Jan. 20-24: Abitibi Royalties, New Pacific, Camino, K92
The S&P/TSX Venture Composite Index fell 0.47% to 581.76 and spot gold finished at US$1,571.60 per oz., up US$14.90 per ounce. Abitibi Royalties posted the largest value gain, jumping $1.45…
Lynas faces environmental lawsuit in Malaysia
Australian rare earths miner Lynas (ASX: LYC) said Friday that three individuals in Malaysia had filed a lawsuit challenging the government’s decision to renew the company’s operating licence last year….
Iron price gains as Chinese imports surpass 1 billion tonnes
Benchmark iron ore prices climbed on Tuesday after trade data showed Chinese imports of the steelmaking raw material topped 1 billion tonnes for the third year in a row as…
Editorial: Glencore in the crosshairs
Glencore CEO Ivan Glasenberg said in 2018 that he expected to retire within three or four years. But during an investor day in London on Dec. 3, the South African…
Snapshot 2020: Eight companies making waves in the year ahead
The past year was a time of growth and transformation for many mining and exploration companies. Here’s a list of eight companies with milestones to hit next year. Barrick Gold…
US markets rise, Dec. 9-13: Rio Tinto, Newmont Goldcorp
The Dow Jones Industrial Average rose 0.43% to 28,135.38 and the S&P 500 Index gained 0.73% to 3,168.80. Spot gold climbed US$16 per oz. to finish at US$1,475.70 per ounce….
Commentary: The periodic table and the road to resource nationalism
This year marked the 150th anniversary of the periodic table, which UNESCO has dubbed the International Year of the Periodic Table of Chemical Elements. Developed in 1869 by Dmitri Mendeleev,…
Turquoise Hill eyes legal clarity for Oyu Tolgoi expansion
In November, Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) reported that a lawsuit previously lodged by a Mongolian non-governmental organization (NGO) group was apparently upheld by the country’s Administrative Court….
Diamonds Symposium explores industry challenges and solutions
The second annual Diamonds in Canada Symposium, organized by The Northern Miner, took place in Toronto in June. This year’s featured speakers included Chris Jennings, chairman of North Arrow Minerals,…
Why 2020 could be a better year for diamonds
Following a strong first half of 2018, the balance of the year and most of 2019 was disappointing for the diamond industry. The most recent 18-month stretch has been described…