Canadian Mining Journal

Metals Markets

  • FIRST NATIONS: Nova Scotia Mi’kmaq chiefs sign royalty deal for proposed undersea coal mine

    June 9, 2016 by Canadian Mining Journal

    MEMBERTOU, N.S.—A potentially “groundbreaking” royalty deal between 11 Mi’kmaq chiefs in Nova Scotia and a coal mining giant for a proposed undersea coal mine may signal companies are more willing to share resource wealth with First Nations, an expert on

  • GOLD: Dundee expects to start construction at Krumovgrad in Q3

    June 9, 2016 by Trish Saywell, The Northern Miner

    In an update to investors on its Krumovgrad gold project in southern Bulgaria, Dundee Precious Metals (TSX: DPM) says it could start construction as early as the third quarter of this year and has revised its construction capital cost estimate

  • RARE EARTH METALS: Expanding efforts for rare metals

    June 9, 2016 by Canadian Mining Journal

    Houston Lake Mining Inc. of Val Caron, Ont., says it is now advancing its exploration efforts for rare metals lithium, tantalum, rubidium and cesium at its 100%-owned PAK Lithium Project in Northwestern Ontario.. The PAK Lithium Project lies close to the boundary

  • GOLD: More drilling in Northern Ontario

    June 9, 2016 by Canadian Mining Journal

    West Red Lake Gold Mines Inc. of Toronto announces that it has started drilling on its 3100-ha West Red Lake Project, located 20km west of Balmertown, in the Red Lake Gold District of Northern Ontario. The  property is situated on the Red Lake Archean

  • Editorial: What happened to the copper rally?

    April 14, 2016 by Canadian Mining Journal

    The copper prices above US$4 per lb. enjoyed in 2011 are a fading memory, but the massive mine-production capacity built up in the intervening years is a price-killing nightmare miners live with daily, although for now they prefer to address

  • COMMENT: World Bank bears down on commodity outlook

    January 27, 2016 by Marilyn Scales

    It seems the World Bank has only bearish opinions on commodity prices for this year. In its Q1 2016 Commodity Markets Outlook, it highlighted weak growth in emerging economies and commodity markets. None of what the bank predicted gives the

  • TNM editorial: Top stories of 2015

    January 4, 2016 by Canadian Mining Journal

    Phew, was 2015 a tough year for miners! As we look back and tie a bow around the fourth year of the downturn in commodity prices and the mining sector, we see an industry in defensive mode, spending more time

  • Patricia Mohr names lithium as one of top picks for 2016

    December 23, 2015 by Canadian Mining Journal

    Most mined commodities declined in price this year, but spot prices in China for lithium carbonate actually increased, rising 15% year-on-year to as high as US$7,500 per tonne, making it one of Patricia Mohr’s top picks for 2016. “It’s a

  • EQUITIES: Canadian Mining Eye index records steep decline

    December 14, 2015 by Canadian Mining Journal

    TORONTO – Mining industry insiders are keenly aware that Canadian mining stocks continue to face downward pressure, and the situation remains dire. The Canadian Mining Eye index declined 17% during Q3 2015, which is a stark contrast to Q2 which

  • Uranium prices poised to rebound, analyst says

    December 3, 2015 by Canadian Mining Journal

    Prices expected to hit US$80 per lb in 2019, on the back of higher demand from utilities The uptick in uranium prices is again around the corner, but this time analysts are more confident it should happen to keep the

  • COMMENT: BHP Billiton to boost copper output

    December 2, 2015 by Marilyn Scales

    Australian mining powerhouse BHP Billiton announced plans this week to lower copper unit costs by boosting output by 1.7 million t/y. That’s’ a doubling of the 1.7 million tonnes the company produced in the year ending June 30, 2015. The

  • GOLD: Merger gets final court approval

    June 29, 2015 by Canadian Mining Journal Editor

    TORONTO: Alamos Gold Inc. and AuRico Gold Inc. are pleased to announce that they have been granted final court approval from the Ontario Superior Court of Justice (Commercial List) to combine the two companies.