Rio Algom aims for top producer status
Lower copper prices over the past year may have contributed to a sluggish year for Rio Algom (ROM-T), but Chairman Gordon Gray is confident the company will eventually become Canada’s premier copper p…
Highland Valley Mine
Cominco earnings hit by dip in metal prices
For the third quarter, Cominco (CLT-T) reports earnings of $5.2 million (or 6 cents per share) on sales of $448 million, compared with $22 million (25 cents per share) on sales of $417 million in the …
Cominco earnings expected to dip
The earnings of Cominco (CLT-T) for the third quarter ended Sept. 30 are expected to be lower than those of the previous quarter.The projected decrease is attributed to lower prices for copper, nickel…
STOCK MARKETS — Copper crisis ripples through TSE
It’s not unusual to see the resource stocks outperform a rising market. But this week, market watchers got to see a bear market that didn’t find its tastiest dinner in the resource sectors.The Toronto…
BASE METALS SPECIAL — Rio Algom launches 3-pronged growth strategy
The new president of Rio Algom (RIO-T) has launched a 3-pronged growth strategy for the diversified producer and distributor of base metals.”We will look like a different company one year from now,” L…