North American Stock Exchange Indices (December 08, 2008)
52-week Date Nov. 24 Nov. 21 Nov. 20 Nov. 19 Nov. 18 High Low S&P/TSX-Ven Comp 739.12 766.35 748.23 731.39 719.96 2886.39 685.07 TSX Composite 8406.21 9270.62 8753.77 8643.52…
Articles by Northern Miner Staff
Global Financial Crisis Sends Deal Value Down
The value of mergers and acquisitions in the metals industry this year will fall far short of last year’s total and the outlook for the first half of 2009 doesn’t look very promising, PricewaterhouseC…
Metals Commentary: Gold: Has The Recovery Begun?
Vancouver– The yellow metal might have underperformed over the last few months, but recent price increases have prompted analysts to predict at least a short-term rally for gold, whether or not major…
Editorial: BHP Billiton Dodges A US$42B Bullet
The week ended Nov. 29, the 48th trading week of 2008, was characterized by a couple of things that didn’t happen.
Sherritt Buckles Down After Strong Q3
Although Sherritt International (S-T, SHERF-o) had a strong third quarter, the company says it will cut back on spending in the new year as it braces for much weaker fourth-quarter results.
Tsx Venture Short Positions (December 08, 2008)
Short positions outstanding at Nov. 15/08 (with changes from Oct. 31/08).
Canadian Gold Mutual Funds (December 08, 2008)
Featured Fund: Altamira precious & Strategic Metals, as of 07/31/08 (in weighted order): Goldcorp, Barrick Gold, Kinross Gold, Agnico-Eagle Mines, Yamana Gold, Franco-Nevada, Newmont Mining, Compa…
Katanga Halts Cobalt Production In DRC
Katanga Mining (KAT-T, KATFF-o) has stopped producing cobalt at two connected projects in the Democratic Republic of the Congo (DRC) because of falling prices for the metal.
Tin Is In: VM Group
With metal prices dropping like ducks in hunting season, the price of tin has remained surprisingly resilient — tumbling just 17.5% from the start of the year compared with nickel (55.8%), zinc (51.5…
Tsx Short Positions (December 08, 2008)
Short positions outstanding at Nov. 15/08 (with changes from Oct. 31/08).
Exchange Rates (December 08, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Dec. 1 Nov. 28 Nov. 27 Nov. 26 Nov. 25 US$ in C$ 1.2377 1.2372 1.2329 1.2342 1.2209 C$ in US$ 0.8080 0.8083 0.8111 0.8102 0….
People (December 08, 2008)
Apoquindo Minerals — Francisco Calaf appointed operations manager for the Apoquindo copper oxide project in Chile.