No 2008 repeat, analysts say of falling commodities

Financial journalists around the world have been dusting off all the old clichés they wore out as the 2008 collapse unfolded, with headlines of “bloodbaths” and “meltdowns” accompanying tired depictions of desperate traders holding their...

Japanese nuclear crisis effect on uranium stocks overblown - analyst

The nuclear crisis that the Japanese earthquake sparked could have an immediate impact on uranium spot prices, as buyers hold back and speculators sell, an analyst said on Monday. However, BMO Capital Markets' Edward Sterck said “there is going...

TD Newcrest sees uranium at $90/lb in 2013

Uranium prices will climb to $90/lb by 2013, TD Newcrest analyst Greg Barnes said on Sunday. Rising Chinese demand and the end of an agreement for the US to make nuclear fuel out of Russian warheads will have the biggest impact on pricing, he said.

Resources Watch

From the dusty streets of Soweto to the skyscrapers of Toronto, Mining Weekly’s Resources Watch covered it all. Join us as we highlight the most watched shows of 2010.

Resources Watch

This week: the cost to build base metals mines heads ‘through the roof'; it's still ‘early days' for gold investment demand; and new BEE coal company Lontoh Coal aims to list on the JSE main board.

Cost to build base metals mines heads 'through the roof'

It is becoming increasingly expensive to bring new base metals operations on line, which means prices will need to be strong to justify new mines, TD Newcrest analyst Greg Barnes said in Vancouver this week. The average capital intensity for new...

Vale Inco, union break off Sudbury talks

In a presentation to the Prospectors and Developers Association of Canada convention on Sunday afternoon, TD Newcrest analyst Greg Barnes cautioned that a deal to end the seven-month strike at Vale Inco's operations in Sudbury, Ontario, could put...

Falconbridge wage talks slow – union

Fewer than four weeks before their labour contract expires, unionised workers at Falconbridge's premier nickel facility said on Monday they are concerned about the slow pace and tenor of negotiations with the world's third-biggest nickel miner.