Top 10 Canadian-based mining companies
The Northern Miner presents the top 10 Canadian-headquartered mining companies by market capitalization, as of early July 2018. NUTRIEN: $46 billion market cap Nutrien (TSX: NTR; NYSE: NTR) is a new…
Copper
Lumina encouraged by results at Cangrejos in Ecuador
Lumina Gold (TSXV: LUM; US-OTC: LUMAF) has tabled a preliminary economic assessment (PEA) for its 63 sq. km Cangrejos gold project in Ecuador’s El Oro province, 30 km southeast of…
US markets down, June 25-29
Gold fell 1.3% to close at US$1,252.4, as threats of a trade war with China continue to loom over the United States. The Philadelphia Gold and Silver Index slipped 0.5%…
Mexican Gold’s Las Minas has big-time backers
It all started with a cup of coffee in Zacatecas. Brian Robertson was swapping stories with a fellow engineer when he learned about 30 historical mines in the cliffs and…
Nevsun’s Bisha not going away any time soon
It looks like the Bisha zinc-copper mine in Eritrea is going to be around a little longer — or perhaps a lot longer than most would have expected, after its…
Editorial: New DRC mining code comes into force
After months of outcry from foreign mining companies active in the Democratic Republic of the Congo (DRC), the new DRC mining code proposed in March was signed into law with…
TSX Venture falls, June 11-15
The S&P/TSX Venture Composite Index ended the trading week down once again, falling 2.6% to 754.4. Shares of Cantex Mine Development rose 18¢ to 33¢. The company said it…
Vale sells Voisey’s Bay cobalt stream for US$690M
In the world’s biggest cobalt stream to date, Vale (NYSE: VALE) has agreed to sell cobalt from its Voisey’s Bay nickel-copper-cobalt mine in northern Labrador to Wheaton Precious Metals (TSX:…
Altius spins out copper play Aethon Minerals
Newly formed copper explorer Aethon Minerals (TSXV: AET) is adding to its already large Chilean land package with an option agreement to acquire full interest in the Llanos de Llahuin…
Production nears for Nevada Copper
Pumpkin Hollow will be the next copper mine built in North America, Matthew Gili, Nevada Copper’s (TSX: NCU) new president and CEO, tells The Northern Miner in one of his…
First Quantum backs out of disputed Pebble project
A framework agreement with First Quantum Minerals (TSX: FM) to help finance the controversial Pebble copper-gold project in Alaska has fallen apart — sending shares of Northern Dynasty Minerals (TSX:…
Orla Mining drills Cerro Quema in Panama
With shareholders like Goldcorp (19.9%), Pierre Lassonde (11.1%) and Agnico Eagle Mines (9.9%), Orla Mining (TSXV: OLA) isn’t your typical TSX Venture Exchange-listed junior. Management and insiders own another 7.1%…