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Lundin Mining
Lundin Mining Corporation, headquartered in Vancouver, owns and operates mines that produce base metals such as gold, silver, copper, and nickel. The company's major properties are the Candelaria mine (copper; Atacama Region, Chile), a 70% interest in the Caserones mine (copper-molybdenum; Atacama Region, Chile), the Chapada mine (gold-silver-copper; Goiás, Brazil), the Eagle mine (nickel-copper; Marquette County, Michigan) as well as a 50% interest in the Filo del Sol project and the Josemaria Project, exploratory projects in Argentina and Chile in partnership with BHP. Approximately 15.4% of the company is owned by affiliates of the billionaire Lundin family. History The company was founded in 1994 by Adolf Lundin as South Atlantic Diamonds Corp for the purpose of investing in a diamond mine in Brazil. The company changed its name to South Atlantic Resources acquired a 39% ownership interest in North Atlantic Natural Resources, which explored the Storliden and Norrbotte ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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Billionaire
A billionaire is a person with a net worth of at least 1,000,000,000, one billion units of a given currency, usually of a major currency such as the United States dollar, euro, or pound sterling. It is a sub-category of the concept of the ultra high-net-worth individual. The American business magazine ''Forbes'' produces The World's Billionaires, a global list of known U.S. dollar billionaires every year and updates an internet version of this list in real time. The American oil magnate John D. Rockefeller became the world's first confirmed U.S. dollar billionaire in 1916. there are 2,781 billionaires worldwide, with a combined wealth of over US$14.2 trillion, up from in 2023. According to a 2024 Oxfam report, the world's We are the 99%, top 1% of earners own more combined wealth "than 95% of humanity", and also stated that the world's top 1% of earners also owned 43% of all global Financial asset, financial assets. As of October 2024, seventeen people have reached the statu ...
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The Irish Times
''The Irish Times'' is an Irish daily broadsheet newspaper and online digital publication. It was launched on 29 March 1859. The editor is Ruadhán Mac Cormaic. It is published every day except Sundays. ''The Irish Times'' is Ireland's leading newspaper. It is considered a newspaper of record for Ireland. Though formed as a Protestant Irish nationalist paper, within two decades and under new owners, it became a supporter of unionism in Ireland. In the 21st century, it presents itself politically as "liberal and progressive", as well as being centre-right on economic issues. The editorship of the newspaper from 1859 until 1986 was controlled by the Anglo-Irish Protestant minority, only gaining its first nominal Irish Catholic editor 127 years into its existence. The paper's notable columnists have included writer and arts commentator Fintan O'Toole and satirist Miriam Lord. The late Taoiseach Garret FitzGerald was once a columnist. Michael O'Regan was the Leinster Ho ...
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County Kilkenny
County Kilkenny () is a Counties of Ireland, county in Republic of Ireland, Ireland. It is in the Provinces of Ireland, province of Leinster and is part of the Southern Region, Ireland, Southern Region. It is named after the City status in Ireland, city of Kilkenny. Kilkenny County Council is the Local government in the Republic of Ireland, local authority for the county. At the 2022 census of Ireland, 2022 census the population of the county was 103,685. The county was based on the historic Gaelic Ireland, Gaelic kingdom of Osraige, Ossory (''Osraighe''), which was coterminous with the Bishop of Ossory, Diocese of Ossory. Geography and subdivisions Kilkenny is the 16th-largest of Ireland's 32 counties by area and the 21st-largest in terms of population. It is the third-largest of Leinster's 12 counties in size, the seventh-largest in terms of population, and has a population density of 50 people per km2. Kilkenny borders five counties – County Tipperary, Tipperary to the we ...
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Galmoy Mine
Galmoy Mine is an abandoned zinc and lead mine northwest of Kilkenny, Ireland. Located in the Rathdowney Trend, Galmoy was an underground mine that operated from 1997 to 2012, initially by Arcon International Resources, then by Lundin Mining from 2005. The Rathdowney Trend stretches , between the towns of Abbeyleix and Thurles. The region is a broad plain drained by the Rossetown and Drish Rivers, tributaries of the River Suir, which flows into the sea at Waterford. Exploration of the Rathdowney Trend during the late 1960s and early 1970s identified sporadic occurrences of lead and zinc, although the first significant mineralisation was not discovered until 1984. Lisheen Mine is also in the Rathdowney Trend. Galmoy was exclusively an underground operation. Initially the mine used Room and pillar mining, room and pillar methods exclusively, but subsequent modifications introduced both Bench (geology), benching and Underground hard-rock mining#Selective mining methods, drift and f ...
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Precious Metals Streaming
Precious metals streaming is a term for when a company makes an agreement with a mining company to purchase all or part of their precious metals production at a predetermined discounted price to which both parties agree. In return, streaming companies provide upfront financing for mining companies looking for capital. The precious metals defined by the agreement are usually a by-product of what the mining company's business is based on, typically base metals such as copper. The first known example of precious metals streaming was in 1987, relating to gold at the Goldstrike mine. Wheaton Precious Metals, Franco-Nevada Franco-Nevada Corporation is a Toronto, Ontario, Canada-based, gold-focused royalty and streaming company with a diversified portfolio of cash-flow producing assets. It is traded on the Toronto Stock Exchange and New York Stock Exchange. The ''Ol ..., Royal Gold, Osisko Mining and Sandstorm Gold are the largest precious metals streaming companies. These streaming ...
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Wheaton Precious Metals
Wheaton Precious Metals Corp. is a Canadian multinational precious metals streaming company. It produces over 26 million ounces and sells over 29 million ounces of silver mined by other companies (including Barrick Gold and Goldcorp) as a by-product of their main operations. Originally named Silver Wheaton, the company changed its name to Wheaton Precious Metals on May 10, 2017. In 2016, the company reported attributable production totaling 30.4 million ounces of silver and 353,700 ounces of gold, with net earnings of US$195 million on operating cash flows of $584 million. History Silver Wheaton was established in 2004. It was previously controlled by Goldcorp until December 7, 2006 when Goldcorp's sale of 18 million shares reduced its ownership to 48%. On February 14, 2008 Goldcorp divested itself completely of Silver Wheaton, selling 108 million shares for C$1.566 billion. Silverstone Resources, acquired in 2009 previously traded on the TSX Venture Exchange under the sym ...
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Rio Tinto (corporation)
Rio Tinto Group is a British-Australian multinational company that is the world's second largest metals and mining corporation (behind BHP). It was founded in 1873 when a group of investors purchased a Rio Tinto Company Limited, mine complex on the Rio Tinto (river), Río Tinto, in Province of Huelva, Huelva, Spain, from the Spanish government. It has grown through a long series of mergers and acquisitions. Although primarily focused on extraction of minerals, it also has significant operations in refining, particularly the refining of bauxite and iron ore. It has joint head offices in London, England and Melbourne, Australia.Suburbs & Postcodes
" City of Melbourne. Retrieved 5 April 2010.
Rio Tinto is a dual-listed company traded on both the ...
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Sweden
Sweden, formally the Kingdom of Sweden, is a Nordic countries, Nordic country located on the Scandinavian Peninsula in Northern Europe. It borders Norway to the west and north, and Finland to the east. At , Sweden is the largest Nordic country by both area and population, and is the List of European countries by area, fifth-largest country in Europe. Its capital and largest city is Stockholm. Sweden has a population of 10.6 million, and a low population density of ; 88% of Swedes reside in urban areas. They are mostly in the central and southern half of the country. Sweden's urban areas together cover 1.5% of its land area. Sweden has a diverse Climate of Sweden, climate owing to the length of the country, which ranges from 55th parallel north, 55°N to 69th parallel north, 69°N. Sweden has been inhabited since Prehistoric Sweden, prehistoric times around 12,000 BC. The inhabitants emerged as the Geats () and Swedes (tribe), Swedes (), who formed part of the sea-faring peopl ...
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Örebro County
Örebro County () is a county or '' län'' in central Sweden. It borders the counties of Västra Götaland, Värmland, Dalarna, Västmanland, Södermanland and Östergötland. It is frequently culturally divided into the hilly northern region of Bergslagen, where mining and metallurgic industry have been important since the Middle Ages, and the southern Mälardalen of lakes and farms. Province Sweden's counties are primarily administrative units, whereas the provinces of Sweden usually fit cultural and historical boundaries. Örebro County consists of the province of Närke, the western half of Västmanland and minor parts of eastern Värmland and northeastern Västergötland. Örebro County is named after its capital city, Örebro, which in 2010 was the sixth largest city of Sweden. Official 2010 numbers sourced in the localities section indicate that 38% of the county population is living in the city of Örebro alone. Örebro itself contains just as many inhabitants as the ...
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Zinkgruvan
Zinkgruvan is a locality situated in Askersund Municipality, Örebro County, Sweden. It had 391 inhabitants in 2010. It is situated close to Sweden's second largest lake, Vättern. The village is famous for its mining industry started by the Belgian company Vieille Montagne in 1857, hence the name Zinkgruvan (literally "the zinc mine" in English). Zinkgruvan was founded around the mine in the 1860s, and the history of the village is closely tied to the history of the mine. The people living in Zinkgruvan are mostly mine workers. Zinkgruvan also contains several ski facilities, including an illuminated cross country ski track. The ski association in Zinkgruvan uses snow cannons to ensure that the ski-track is provided with snow during the entire winter. An old ice hockey rink in the village is filled with ice in the winter for public entertainment. Zinkgruvan is home to a museum that documents the history of the mining industry in the town. Riksdag elections Zinkgruvan is formin ...
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Toronto Stock Exchange
The Toronto Stock Exchange (TSX; ) is a stock exchange located in Toronto, Ontario, Canada. It is the List of stock exchanges, 10th largest exchange in the world and the third largest in North America based on market capitalization. Based in the EY Tower in Financial District, Toronto, Toronto's Financial District, the TSX is a wholly owned subsidiary of the TMX Group for the trading of senior equities. History Beginnings The Toronto Stock Exchange likely descended from the Association of Brokers, a group formed by Toronto businessmen on July 26, 1852. No records of the group's transactions have survived. It is however known that on October 25, 1861, twenty-four brokers gathered at the Masonic Hall to create and participate in the ''Toronto Stock Exchange''. Between 1852 and 1870, two other distinct, commodity-orientated, exchanges were founded : the ''Toronto Exchange'' in 1854 and the ''Toronto Stock and Mining Exchange'' in 1868. Initially the TSE had 13 listings but it gre ...
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