Cameco’s Q3 Earnings Down 46% From Last Year
Third-quarter net earnings for the world’s largest uranium producer and one of two Candu fuel manufacturers in Canada fell nearly 50% year-on-year due to lower prices and higher costs.
Third-quarter net earnings for the world’s largest uranium producer and one of two Candu fuel manufacturers in Canada fell nearly 50% year-on-year due to lower prices and higher costs.
COURTESY OF SCOTIABANK
While metal prices seem to have bottomed out in November, the week ended Nov. 22, the 47th trading week of 2008, saw several miners’ share prices get their feet knocked out from under them.
Vancouver — As Rolling Rock Resources( RLL-V, RLLGF-o) reworks data for a pending scoping study of its Monument Bay project, 350 km southeast of Thompson, Man., it has topped a million inferred ounce…
Antimony: Mid-mkt US$5,700 /t.
Date Nov. 24 Nov. 21 Nov. 20 Nov. 19 Nov. 18 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1315/1375 1325/1370 1315/1355 1350.50/1420 138…
52-week Date Nov. 24 Nov. 21 Nov. 20 Nov. 19 Nov. 18 High Low S&P/TSX-Ven Comp 722.79 704.17 691.95 730.09 750.25 2886.39 685.07 TSX Composite 8440.87 8155.39 7724.76 8490.56…
Vancouver–Even though a failed financing has forced the company to suspend a major development project at one of its two Nicaraguan gold mines, Central Sun Mining (CSM-T, SMC-x) continues to hit good…
Short positions outstanding at Nov. 15/08 (with changes from Oct. 31/08).
Vancouver — Within three hours of announcing a $40-million bought deal, Red Back Mining (RBI-T, RBIFF-o) went back to the wire and boosted that number by $20 million.
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…
Short positions outstanding at Nov. 15/08 (with changes from Oct. 31/08).
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