Denison Slides On Midwest Deferral
Vancouver — Investors drove Denison Mines’ (DML-T, DNN-x) share price down 24% after the company announced plans to shut down the Tony M uranium mine in Utah and shelve development plans for the Midw…
Articles by Northern Miner Staff
Agnico Bewitched By Kittila
SITE VISIT Kittila, Finland — Finnish legend tells of a powerful witch named Paivio who lived in far northern Finland with the primeval Finnish shamans, famous for their magic. One…
Lme Warehouse Levels (December 08, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Dec. 02, 2008 (change from Nov. 25 in brackets):
Spot Prices (December 08, 2008)
COURTESY OF SCOTIABANK
Producer And Dealer Prices (December 08, 2008)
Antimony: Mid-mkt US$5,700 /t.
Uranium Price Will Rebound: Analysts
Despite the negative outlook for many other commodities, many analysts now forecast that uranium prices will go up in the medium-to longterm due to strong fundamentals: expanding demand from more reac…
On The Greenback, Gold And Global Growth
Global economic growth will be weak next year and commodity prices will remain under severe pressure. The consensus among many in the mining industry seems to be that metal prices won’t recover until …
Diamonds In For A Rough Ride, But Future’s Still Brilliant
Saskatoon, Sask. — As diamond producers and explorers alike consider the global financial situation, they know they are in for a rough ride. However, even before the financial crisis hit, most in the…
Sherritt Buckles Down After Strong Q3
Although Sherritt International (S-T, SHERF-o) had a strong third quarter, the company says it will cut back on spending in the new year as it braces for much weaker fourth-quarter results.
Tsx Short Positions (December 08, 2008)
Short positions outstanding at Nov. 15/08 (with changes from Oct. 31/08).
Exchange Rates (December 08, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Dec. 1 Nov. 28 Nov. 27 Nov. 26 Nov. 25 US$ 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.