PEOPLE (November 24, 2008)
Alcoa — Patricia Russo appointed a director.
Articles by Northern Miner Staff
LME WAREHOUSE LEVELS (November 24, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 18, 2008 (change from Nov. 11 in brackets):
SPOT PRICES (November 24, 2008)
COURTESY OF SCOTIABANK
Empire strikes deep copper-gold-moly (November 24, 2008)
Vancouver — Having wrapped up a 1,300-metre, six-hole drill program at its Bursa property, 120 km south of Istanbul, in Turkey, Empire Mining (EPC-v) has hit long, near-surface, copper-gold-molybdenu…
Editorial: Teck teeters, Apex falls
Falling commodity prices took deep bites out of another group of zinc miners during the week ended Nov. 15, the 46th trading week of 2008.
For more event information, please go to:
Nov. 30-Dec. 1 Hard Assets San Francisco ’08 — San Francisco Tel. 800-282-7469 Website: www.iiconf.com
Lundin Sees One-Two Punch In Q3
Vancouver– Deteriorating metal prices have forced Lundin Mining (LUN-T, LMC-n) to put one mine on care and maintenance, consider closing another early, and shift production at a third to copper from …
Teck Wrestles With US$10B Debt
Vancouver — For the last few years, Teck (TCK. B-T, TCK-n) has been a reliable, dividend-paying investment option, a major mining company regularly recording substantial profits by cashing in on stro…
Apex Silver Forced Into Fire Sale Of San Cristobal
Apex Silver Mines (SIL-x) has been forced to sell its 65% stake in the massive San Cristobal zinc and silver mine to its minority partner, Japan-based Sumitomo Corp. (SSUMY-o) for US$22.5 million.
TSX SHORT POSITIONS (November 24, 2008)
Short positions outstanding at Oct. 31/08 (with changes from Oct. 15/08).
CANADIAN GOLD MUTUAL FUNDS (November 24, 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…
Freeport axes moly jobs and production
Vancouver — With the molybdenum price crashing, Freeport-Mc- MoRan Copper & Gold (FCX-n), the world’s largest moly producer, is slashing more than a hundred moly-related jobs, cutting production …