United States

Stillwater Mining's namesake palladium-platinum mine in Montana. Credit: Stillwater Mining

CIBC slashes platinum forecast

An expected surge in the platinum price failed to materialize in 2014 because of a strong U.S. dollar and weak South African rand, say mining analysts with CIBC World Markets, who are slashing their platinum price forecast for 2015.



Drillers targeting the Iceberg gold deposit at NuLegacy Gold's Red Hill project in Nevada. Credit: NuLegacy Gold

NuLegacy explores Iceberg in Nevada

NuLegacy Gold (TSXV: NUG; US-OTC: NULGF) may be onto something at its Iceberg gold deposit on the Red Hill project in Nevada’s famed Cortez gold trend.


Loading a haul truck at Copper Mountain Mining's eponymous copper mine, 20 km south of Princeton, British Columbia. Copper Mountain Mining

Copper miners hold up under BMO forecast

Copper prices have dipped below US$3 per lb. several times this year — in March, briefly in October, and then in November — for the first time since mid-2010.


Cliffs’ Bloom Lake faces uncertain future

Struggling U.S.-based iron ore and coal miner Cliffs Natural Resources (NYSE: CLF) may close its Bloom Lake iron ore mine in eastern Quebec, as it bids farewell to Canada.



A truck at Teck Resources Fording River metallurgical coal project in southeastern B.C. Credit: Teck Resources

Met coal producers prepare for long price weakness

The benchmark price for metallurgical coal has dropped to a multi-year low of US$119 per tonne, and Moody’s Investors Service doesn’t see much relief for met coal producers until the second half of 2016. In the meantime, it warns,…



TSX continues winning streak, Nov. 3-7

The S&P/TSX Composite Index gained for the fourth straight week, up 77.51 points to close at 14,690.83. Gold and diversified miners both added 10 points, with the S&P/TSX Global Gold Index ending at 144.86 and the S&P/TSX Capped…




Ore on a conveyor at Potash Corp. of Saskatchewan's Rocanville potash mine in Saskatchewan. Credit: Potash Corp. of Saskatchewan

PotashCorp eyes stong 2014 finish

Despite Potash Corp. of Saskatchewan’s (TSX: POT; NYSE: POT) third-quarter profit declining 11%, it expects to finish the year on an upbeat note.


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