Grande Cache coal production ebbs
Grande Cache Coal (GCE-T, GACHF-O) failed to meet its own production targets for the last quarter and as a result had to watch its shares take a hit.
News
Nevada-focused Victoria, Gateway, agree to merger
VANCOUVER — Victoria Gold (VIT-V, VITFF-O) will acquire all of the outstanding shares of Gateway Gold (GTQ-T, GWYGF-O) in a friendly merger that will produce a Nevada-focused explorer with one advanc…
ArcelorMittal shores up Brazilian iron ore assets
VANCOUVER — ArcelorMittal (MT-N) cut two sizable cheques on the same day for two iron assets in Brazil.
12 SNC-Lavalin employees die in Algeria bombing
Twelve SNC-Lavalin (SNC-T) employees were killed and another 15 injured in Algeria, when a car bomb exploded near a bus they were riding to work.
PEOPLE (September 01, 2008)
Arcadis– Ann Warner appointed VP director of government affairs for U. S. operations.
LME WAREHOUSE LEVELS (September 01, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, August 26, 2008 (change from August 19 in brackets):
SPOT PRICES (September 01, 2008)
COURTESY OF SCOTIABANK
Obituary: Founder of Sander Geophysics dies at 84
George Wolfgang Sander, founder of one of Canada’s most successful geophysics surveying companies, passed away peacefully at his home in Dunrobin, Ont., on Aug. 23, 2008. He was 84.
MagIndustries boosts Kouilou reserve
Four months after nailing a 25-year licence to mine potash in the Republic of Congo, in Equatorial Africa, MagIndustries (MAA-V, MAAFF-O) has filed an updated technical report and reserve and resource…
Editorial: It’s closin’ time
Mine closings and layoffs. Yes, with metal prices pulling back sharply this past half year, we’ve finally reached that painful inflection point in the commodity cycle where mine suspensions and closin…
PRODUCER AND DEALER PRICES (September 01, 2008)
Antimony: Mid-mkt US$6,300.00/t.
DAILY METAL PRICES (September 01, 2008)
Date Aug. 25 Aug. 22 Aug. 21 Aug. 20 Aug. 19 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy Holiday 2440/2495 2430/2470 2431/2475 2430/247…