U. S. MARKETS – NOV. 25-DEC. 1
U. S. markets were down during the Nov. 25-Dec. 1 trading session on continued signs of a recession, both stateside and around the world. The Dow Jones Industrial Average was down 330 points, or 3.9%,…
Articles by Northern Miner Staff
TORONTO STOCK EXCHANGE – NOV. 25-DEC. 1
On Dec. 1, Canada’s benchmark S&P/TSX composite index experienced its worst one-day percentage fall since the crash of October 1987 — plunging 864.41 points, or 9.3%, to 8,406.21. The rout coinci…
Dividends (December 08, 2008)
Note: Alcoa will pay its quarterly div of US$0.9375 for US$3.75 cmltv pr sh on Jan 1, rec Dec 12. Xstrata Canada will pay $0.2863 div for pref sh series…
Iron Ore Contract Prices To Drop, Standard Chartered Says
Contract prices for iron ore will fall 15-20% in 2009, according to the commodity research team at Standard Chartered.
Bargains To Be Had — For Patient Investors
If investors have money to spare and can afford to wait for prices to recover, then recessions can be a good buying opportunity. The question, of course, is how long one has to wait until stock and co…
Choice Spot, Tough Decision For Geologix
SITE VISIT Durango, Mexico — Geologix Explorations (GIX-T, GXEXF-o) is positioned on top of what could be Mexico’s next great polymetallic mine. Just an 85-km drive along a paved highway…
Tsx Venture Short Positions (December 08, 2008)
Short positions outstanding at Nov. 15/08 (with changes from Oct. 31/08).
Canadian Gold Mutual Funds (December 08, 2008)
Featured Fund: Altamira precious & Strategic Metals, as of 07/31/08 (in weighted order): Goldcorp, Barrick Gold, Kinross Gold, Agnico-Eagle Mines, Yamana Gold, Franco-Nevada, Newmont Mining, Compa…
Katanga Halts Cobalt Production In DRC
Katanga Mining (KAT-T, KATFF-o) has stopped producing cobalt at two connected projects in the Democratic Republic of the Congo (DRC) because of falling prices for the metal.
Tin Is In: VM Group
With metal prices dropping like ducks in hunting season, the price of tin has remained surprisingly resilient — tumbling just 17.5% from the start of the year compared with nickel (55.8%), zinc (51.5…
Tsx Short Positions (December 08, 2008)
Short positions outstanding at Nov. 15/08 (with changes from Oct. 31/08).
People (December 08, 2008)
Apoquindo Minerals — Francisco Calaf appointed operations manager for the Apoquindo copper oxide project in Chile.