Canadian Mining Journal

Metals Markets

  • First Quantum defends copper hedging amid rising prices

    August 21, 2017 by Canadian Mining Journal

    VANCOUVER — First Quantum Minerals (TSX: FM; LON: FQM) met expectations during the second quarter by most production metrics, but it finds itself in an interesting position due to a copper hedging program it instituted over the past two years. The company

  • Pala Investments sets up fund for new technology metals

    August 16, 2017 by Canadian Mining Journal

    Over the last decade, Pala Investments has invested across a range of metals including cobalt, lithium, rare earths, tin, nickel and copper. More recent investments include the $200 million public offering in June of Cobalt 27 Capital (TSXV: KBLT), a cobalt streaming company Pala

  • LME and World Gold Council launch LMEprecious

    July 19, 2017 by Canadian Mining Journal

    The London Metal Exchange and World Gold Council launched the LMEprecious trading platform on July 10 in London. The following is an edited amalgam of statements by the LME on the launch. LMEprecious has introduced exchange-traded and centrally cleared precious

  • Copper-Zinc: Teck to purchase Goldcorp’s San Nicolás interest

    June 29, 2017 by Canadian Mining Journal

    Teck Resources today announced that its Mexican subsidiary has entered into a binding agreement with a subsidiary of Goldcorp Inc. to purchase its 21% minority interest in the San Nicolás Project located in Zacatecas, Mexico for cash consideration of US$50

  • Cobalt 27 IPO provides ‘pure play’ exposure to cobalt

    June 28, 2017 by Canadian Mining Journal

    VANCOUVER — Cobalt 27 Capital‘s $200-million initial public offering (IPO) on the TSX Venture Exchange on June 23 shows there’s a growing appetite among investors for exposure to the booming demand for minerals used in the lithium-ion battery and electric vehicle

  • China ‘holds the key’ to thermal coal price stability

    June 7, 2017 by Canadian Mining Journal

    The Northern Miner recently spoke with Andy Roberts, Wood Mackenzie’s research director of global thermal coal markets, to get an overview of the sector. Based in Austin, Texas, Roberts analyzes and forecasts coal market supply, demand and prices. The mining engineer

  • Debt-heavy Codelco forecasts muted growth

    April 18, 2017 by Canadian Mining Journal

    Two highlights of the copper calendar – Cesco Week and CRU’s World Copper Conference, both held in Santiago, Chile in early April – have come to a close, with attendees reporting a sense of cautious optimism among the world’s top

  • It’s cobalt’s time to shine, Macquarie says

    February 14, 2017 by Canadian Mining Journal

    Cobalt seems to be making a comeback. Current spot prices of around US$17 per lb. are well above the US$10 per lb. mark of late 2015 and the metal’s steady march higher has been mirrored by moves in the price

  • MINING EYE: Weak 2016 finish belies mining’s gains

    February 13, 2017 by Canadian Mining Journal

    TORONTO – EY‘s Canadian Mining Eye index declined 13% during Q4 2016. This is predominantly due to weakness in gold and nickel prices, offset partially by gains in both copper and zinc prices. For the full year 2016, the Canadian Mining Eye

  • COMMODITIES: Scotiabank predicts rise in 2017

    January 30, 2017 by Canadian Mining Journal

    TORONTO – The Scotiabank Commodity Price Index gained 6.2% m/m in December as a large oil and gas gain complemented monthly gains in all other sub-indices. Commodities are expected to broadly benefit from rising prices in 2017 after many averaged

  • Base metal and bulk commodity forecasts improve heading into 2017

    December 7, 2016 by Canadian Mining Journal

    VANCOUVER — It’s been a tough run recently for many people involved in base metals and industrial commodities. Structural recessions among leading global economies have combined with oversupply concerns to drive down spot prices for copper, zinc and metallurgical coal.

  • LITHIUM: More work near Snow Lake

    November 1, 2016 by Canadian Mining Journal

    VANCOUVER: Far Resources Ltd has just announced the start of diamond drilling on its Zoro Lithium Property near Snow Lake, Manitoba. The drilling contract has been awarded to Westcore Drilling of Salmo, BC, with helicopter support being provided by Gogal