Commentary: Making sense of royalty structures and rates
Royalties in the mining industry look pretty straightforward, but dig a little deeper and the complexities are soon apparent.
2011
BHP looks to exit diamond business
BHP Billiton (BHP-N, BLT-L, BHP-A) is considering leaving the diamonds business, because it may no longer fit its modus operandi of owning only “large, long-life, upstream and expandable assets.”
London Mining gets the iron ore out of Sierra Leone
The world’s latest iron-ore mine comes out of a former key producer that is looking to get back on the mining track.
Letter from London
London, U.K. – Ahead of this year’s Mines and Money conference in London on Dec. 6th & 7th, your Northern Miner correspondent spent the week in Europe’s financial capital, where the late November sky was not the only thing to be slightly…
Amarillo completes prefeasibility on Posse
Amarillo Gold’s (AGC-V) Posse deposit in the Brazilian state of Goias is surrounded by a number of large copper, gold and nickel laterite projects and was previously mined by the Western Mining Company during the 1990s.
Outlook 2012: Patricia Mohr likes copper
Despite analysts facing some of the most difficult markets in years, Patricia Mohr, economics and commodity market specialist with Bank of Nova Scotia, agreed to delve into the difficult job of trying to predict where the prices of some key…
Goldman Sachs predicts commodity prices to rise 15% in 2012
Analysts from Goldman Sachs (GS-N) have forecast commodity prices will increase by 15% in 2012, with the influential investment bank maintaining an ‘overweight’ recommendation on commodities for the next 12 months.
Positive initial metallurgy for Probe Mines
Results of an initial scoping study on the metallurgy at the Borden Lake project near Chapleau, Ontario are encouraging for Probe Mines (PRB-V).
Legacy looks to make history
K+S plans to go ahead with building its Legacy project in Saskatchewan’s highly prospective potash basin, with initial production expected in 2015.
Gold mostly to blame for India’s current account deficit
A massive appetite for gold across India is causing the country’s current account deficit to widen as most of the South Asian nation’s gold demand is met through imports, a new study by Macquaire Economics Research says.
Keegan shares oversold, Canaccord says
Shares of Keegan Resources (KGN-T, KGN-X) are undervalued even when taking into account new tax changes proposed in Ghana, Canaccord Genuity mining analyst Nicholas Campbell argues in a research note to clients, adding that he believes the…
Newmont suspends construction of Conga
Newmont Mining (NMC-T, NEM-N) has indefinitely halted construction activities in agreement with the government of Peru at its 51.35%-owned Conga gold-copper project in the northern region of Cajamarca following weeks of protests over the…