Alcan Aluminium Limited

In its third annual volume of Strategy Plus, the research department of Montreal-based brokerage house Desjardins Securities weighs in on the year ahead and offers top investment recommendations in all sectors, including mining.

The town of Kitimat, B.C., known mostly for its Alcan (AL-T) aluminum smelter and hydroelectric facilities, has suffered a setback in its bid to sue the aluminum giant for reducing aluminum production and jobs and then selling t…

Montreal-based aluminum giant Alcan (AL-T) plans to close three European facilities as part of a restructuring plan associated with its assimilation of French rival Pechiney, which it acquired in 2003.

The Toronto Stock Exchange’s energy index powered the way, gaining 4.7% to reach 186.01 points by the end of the Sept. 15-21 report period, as oil prices rose to month-long highs on supply concerns south of the border. The golds chipped in with a…

U.S. stock markets didn’t show much change over the period Sept. 8-14. The S&P 500 index was up 7 points, or 0.6%, at 1,128.33 points and the Dow Jones Industrial Average was down 0.2%, or 24.63 points to close at 10,318.16 points.

Montreal-based Alcan (AL-T) will invest A$1.3 billion in the expansion of its Gove alumina refinery in Australia’s Northern Territory.

Alcoa (AA-N) shares fell 7.5% to US$30.75 on Sept. 10 after the company warned that third-quarter earnings from continuing operations would likely shrink to US30-35 per share from a previously expected US52 per share.

The following insider trading transactions were reported in the July OSC Bulletin, published by the Ontario Securities Commission:…

The period ended July 20 was punctuated by a hefty second-quarter loss by Freeport-McMoRan Copper & Gold, which stemmed primarily from a major rockslide last October at its giant Grasberg mine in Indonesia.