BHP Backs In On Peregrine’s Chidliak
BHP Billiton (BHP-N, BLT-l), the principal owner of Canada’s wildly successful Ekati diamond mine in the Northwest Territories, seems to think Peregrine Diamonds’ (PGD-t) Chidliak project, on southern…
News
Second Time’s The Charm At Boyongan
Vancouver–The Boyongan copper- gold project’s second prefeasibility study this year has come to a different conclusion than the first.
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…
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.
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…
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.
People (December 08, 2008)
Apoquindo Minerals — Francisco Calaf appointed operations manager for the Apoquindo copper oxide project in Chile.
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.
Economy The Wild Card In Wobbly Platinum Market
The platinum market is shakier than it has been for many years, says a report by Johnson Matthey, which refines the platinum that’s consumed in a third of all catalytic converters used to control vehi…
Tirex Offers 5 Oz. Gold For New Slogan
Before Tirex Resources (TXX-V, TIRXF-o), came along, gold and silver values were largely unknown in the Mirdita mining district of Albania because the state-run exploration company in charge never ass…
Persian Gulf Region, India To Cushion Copper’s Fall
Vancouver — It’s hard to believe given the bleak numbers the International Copper Study Group (ICSG) is forecasting for 2009 copper use in the four major copper-using regions — Japan, China, North A…
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):