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.
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Tsx Venture Short Positions (December 08, 2008)
Short positions outstanding at Nov. 15/08 (with changes from Oct. 31/08).
Canadian Gold Mutual Funds (December 08, 2008)
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…
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.
Tin Is In: VM Group
With metal prices dropping like ducks in hunting season, the price of tin has remained surprisingly resilient — tumbling just 17.5% from the start of the year compared with nickel (55.8%), zinc (51.5…
Tsx Short Positions (December 08, 2008)
Short positions outstanding at Nov. 15/08 (with changes from Oct. 31/08).
Exchange Rates (December 08, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Dec. 1 Nov. 28 Nov. 27 Nov. 26 Nov. 25 US$ in C$ 1.2377 1.2372 1.2329 1.2342 1.2209 C$ in US$ 0.8080 0.8083 0.8111 0.8102 0….
People (December 08, 2008)
Apoquindo Minerals — Francisco Calaf appointed operations manager for the Apoquindo copper oxide project in Chile.
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…
HudBay-Lundin merger draws fire
Vancouver – What was supposed to be a friendly merger between HudBay Minerals (HBM-T) and Lundin Mining (LUN-T, LMC…
Iberian: Five years in reserves at Condestable
Vancouver – Iberian Minerals (IZN-V) has added 30% more contained copper to its proven and probable reserves at the…
Intrepid gets top gold grade at Tujuh Bukit; company wants protection status changed
Vancouver – Recent drilling at Zone A of the Tumpangpitu prospect delivered Intrepid Mines’ (IAU-T, IAU-A) be…