Plunging PGM prices force mine closure
A dramatic drop in platinum and palladium prices has forced North American Palladium ( PDL-T, PAL-X) to temporarily…
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Short Position Report (October 21, 2008)
TSX Short Positions Short positions ou…
FNX Mining suspends contact nickel production at Levack
The axe has fallen on yet another nickel producer. Low metal prices and high operating costs have been blamed for…
Noront hunkers down ahead of proxy battle
In the midst of a proxy fight with a dissident shareholder, the management of Noront Resources (NOT-V) took another…
Waratah rejects takeover bid by private Australian company
Waratah Coal (WCI-V) says a partial takeover bid by Mineralogy Pty. undervalues the company’s Galilee Basin coal pr…
Mount Polley looks to grow for Imperial Metals
Vancouver – Continuing exploration at the Mount Polley open pit copper-gold mine in central British Columbia is fin…
Jasper Mining announces more drill results from B.C.
In an interview with The Northern Miner in December 2005, Gordon Dixon, president of Jasper Mining (JSP-V), said …
Freeport McMoRan highlights positives for copper at Denver
In a presentation at the Denver Gold Forum in September, Richard Adkerson, president and CEO of Freeport McMoRan Co…
First Nickel puts Lockerby on care and maintenance
Four days after Belvedere Resources (BEL-V) said low nickel prices had forced it to temporarily suspend developme…
Metals Commentary: ICSG predicts modest copper surplus
— The International Copper Study Group (ICSG) held the 32nd regular meeting of its statistical committee in Lisbon, Portugal, in early October. The forum featured government delegates and industry ad…
Editorial: Base metals prices nosedive
The global economic crisis worked its way deep into the base metals sector during the week ended Oct. 11, the 41st trading week of 2008, as prices for virtually all base metals contracted sharply.
SGS opens sample prep lab in Cte d’Ivoire
Global metals analysis company SGS has announced the opening of a new sample preparation facility in Yamoussoukro, Cte d’Ivoire.