Share this articleTORONTO - Canada's main stock index closed up sharply following a two-day holiday, while U.S. markets rebounded from a steep drop in early trading to end higher after strong gains a day earlier.The S&P/TSX composite index closed up 385.02 points, or 2.79 per cent, at 14,165.21 following the Christmas and Boxing Day holidays.In New York, the Dow Jones industrial average closed...Read More
It's been a year of growth and exclusive interviews for The Northern Miner Podcast as we passed several milestones: celebrating our 100th episode in mid-year; growing to 5,000 to 8,000 listens per month with listeners from around the world; approaching 150,000 total listens since inception; bringing on board new sponsors; and relocating the podcast to our Toronto studio with a new set of hosts.The...Read More
Like millions of other people, I'm very nostalgic for Nintendo, especially at Christmas. That's because this story, or some version of it, is quite common:1986. Christmas morning. Under the tree, there was a giant wrapped box, tagged:TO: Luke and LanceFROM: SantaMy father told us we should open that one first.Tearing into it revealed a giant robot head staring back at us. And we immediately knew e...Read More
Gold had been outperforming as investors looked for safe assets.Read full newsRead More
Gold had been outperforming as investors looked for safe assets.Read full newsRead More
From the air one can observe the destruction wrought by an open-pit mining project in Cerro Petaquilla and on the ground people talk about its environmental consequences. A security checkpoint and a sign announce that you have reached one of the entrances of the project in the area of ?EURRead More
Continental Gold Inc.'s (TSX:CNL) latest sell-off is overdone, and the miner will soar once production commences at its Buritica project.Read full newsRead More
CloseGain/LossGold $1266.20-$2.80Silver$15.03+$0.26XAU69.98-0.81%HUI159.81-1.23%GDM580.69-0.94%JSE Gold1359.59+42.78USD97.04+0.55Euro113.52-0.69Yen89.97-0.71Oil$46.22+$4.6910-Year2.770%+0.036T-Bond144.53125-0.90625Dow22878.45+4.98%Nasdaq6554.36+5.84%S&P2467.70+4.96% The Metals: Gold gained $10 to a new 6-month high at $1279.00 by late morning in New York before it sold off in afternoon tra...Read More
Gold rose to six-month highs on Wednesday as investors kept purchasing the preci...Read full newsRead More
Gold rose to six-month highs on Wednesday as investors kept purchasing the preci...Read full newsRead More
"North Bud Farms Announces Licensing of Cannabinoid Infusion Technology for Food and Beverage Platform -- @Northbudco #NBUD $NBUD #CSE #BNN #momentumstocks #MarijuanaStocks #Potstocks #hemp #CBD #smallcap #cannabis #THC -- Read it here: https://t.co/Bs8GehOD3y"Read full newsRead More
All three major US equity indexes gained at least 4% on Wednesday, with the S&P 500 and Dow Jones closing just short of a 5% surge. It's the first time that has happened since 2011, according to Bloomberg.Major mining companies were caught up in the market frenzy on Wednesday with lithium producers and potash miners enjoying some of the heaviest buying.Among fertilizer producers, Israel Chemical l...Read More
All three major US equity indexes gained at least 4% on Wednesday, with the S&P 500 and Dow Jones closing just short of a 5% surge. It's the first time that has happened since 2011, according to Bloomberg.Major mining companies were caught up in the market frenzy on Wednesday with lithium producers and potash miners enjoying some of the heaviest buying.Among fertilizer producers, Israel Chemical l...Read More
The Trump administration is poised to propose maintaining Obama-era restrictions on mercury pollution from power plants, responding to opposition from electric utilities that have already spent billions of dollars to meet the requirements.At the same time, the Environmental Protection Agency is set to propose changes that may make it harder to toughen mercury emissions standards in the future by d...Read More
Russian aluminium company Rusal said on Wednesday that board chairman Matthias Warnig resigned as part of a restructuring it agreed to implement in exchange for a waiver from U.S. sanctions.The U.S. Treasury said last week it would remove sanctions against Rusal, its parent En+ and power firm EuroSibEnergo if they restructured to reduce the controlling stakes of businessman Oleg Deripaska, who is...Read More
MANILA- Dalian coke futures fell on Wednesday for a third session amid concerns over weak demand for the steelmaking raw material, with Beijing vowing not to relax its anti-pollution campaign that has forced steel mills to reduce output or even halt operations.Chinese iron ore and rebar contracts, however, edged up on hopes that steel demand will pick up, with mills expected to replenish stocks ah...Read More
Nickel and palladium producer Norilsk Nickel (Nornickel) has terminated an agreement to sell its African assets to Botswana's state-run BCL Group, the Russian company said in a statement.BCL was expected to buy a 50% stake in Nkomati Nickel mine from Nornickel but it pulled out of the 3 billion pula ($281 million) deal about two years ago due to a lack of funds, prompting the Russian firm to file...Read More
A global nickel market deficit will nearly halve to 49,000 tonnes in 2019 from 93,000 tonnes this year on higher output of primary metals by global suppliers and of lower-grade nickel pig iron (NPI) in Indonesia, Sumitomo Metal Mining said on Tuesday.Sumitomo Metal, Japan's biggest nickel smelter, said global demand for nickel is seen increasing by 3.4 percent in 2019 from this year to 2.339 milli...Read More
China's Zhejiang Huayou Cobalt Co will invest $147.2 million to build a copper project in Democratic Republic of Congo (DRC), as it extends the exploration of its mining assets in the country, the company said in a filing to the Shanghai stock exchange on Tuesday.The project will be located in the Lukuni region in the south of DRC, and will have annual electro-deposited copper production capacity...Read More
BEIJING, Dec 22 - China's carbon industry will face severe overcapacity from the second-half of 2020, after producers rushed to expand capacity amid fat profit-margins, an official from the China Carbon Industry Association (CCIA) said on Saturday.Carbon products are widely used in sectors such as metallurgy, chemicals, aviation and renewable energy due to their strong resistance to corrosion and...Read More