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…
2020
China’s MMG suspends copper shipments from Las Bambas
Chinese miner MMG has once again halted copper shipments from its Las Bambas operation, one of Peru’s largest copper producers, following a road blockade by a local community protesting against…
Royalty dispute dogs Fortuna Silver in Mexico
Fortuna Silver Mines (TSX: FVI; NYSE: FSM) is contesting demands for a 3% royalty of the billing value of minerals obtained from the concession hosting its San Jose mine in…
World Gold Council: Risk, uncertainty to drive gold in 2020
In 2019, gold had its best performance since 2010, rising 18.4% in U.S. dollar terms. It also outperformed major global bond and emerging market stock benchmarks over that period. In…
RNC identifies new gold structure at Higginsville
A recent gravity survey completed at RNC Minerals’ (TSX: RNX) Higginsville gold operation (HGO) has delineated a 5-km long prospective structure located north of the HGO mill. This structure appears to…
Osisko releases data on longest diamond drill hole in Canadian history
Osisko Mining (TSX: OSK) has released results from the completed Discovery 1 diamond drill hole, the longest diamond drill hole drilled to date in Canada. This hole reached a length…
Equinox-Leagold merger creates US$1.75B gold miner
Equinox Gold (TSX: EQX) and Leagold Mining (TSX: LMC) said on Wednesday that shareholders of both companies have approved their merger, creating an America-focused gold miner with a market capitalization…
Geopolitical tensions to burnish gold’s allure in 2020
Gold is poised to perform strongly in 2020, with geopolitical risk set to remain elevated, metals and mining research and consultancy group Wood Mackenzie said in a January report. Miners are set to enjoy bumper…
Uranium snapshot: Energetic juniors with attractive assets
While the price of uranium suffered a steep decline after the 2011 Fukushima Daiichi nuclear accident, growing pressures to decarbonize power generation provide support for the commodity, which is currently…
Editorial: Sustainability tops discussions at Davos
In December, Time named Swedish climate activist Greta Thunberg its person of the year — the youngest person ever awarded the accolade in the magazine’s nearly 100-year history. The 17-year-old…
Danakali begins work on Eritrean potash project
Danakali (LON: DNK) has kicked off the first development phase of of its world-class Colluli potash project in Eritrea by selecting the team in charge of the Engineering, Procurement and…
The Northern Miner Podcast – episode 171: Former Noranda and Falconbridge CEO Alex G. Balogh on the ‘special role’ of colleagues and family in success
This episode features the induction of Alex G. Balogh to the Canadian Mining Hall of Fame. The ceremony took place at the Metro Convention Centre in Toronto on Jan. 9. During…