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…
News
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.
Bravo cheered on by bonanza gold intercept
Vancouver–A whopper hole out of Homestake Ridge, in northern B. C., more than doubled Bravo Venture Group’s (BVG-V, BVGIF-o) share price at the start of October.
LENDING RATES (October 20, 2008)
as of 9 a. m. ET, Oct. 14, 2008 (%) Bank of Canada 2.75 Target overnight rate 2.50 Canadian Prime 4.25 U. S. Discount Primary 1.75 U. S. Fed Funds market rate 1.50 U. S. Prime …
DIVIDENDS (October 20, 2008)
Note: Vale will pay $0.52* on common and pr sh in two instlmnts on Apr 30 and Oct 31. Alcoa will pay its quarterly div of US$0.9375 for US$3.75 cmltv…
SRA shutters Mid-Tennessee
After investing $150 million to revive the Mid-Tennessee zinc mine complex, 50 km east of Nashville, Tenn., Strategic Resource Acquisition (SRA) (SRZ-t) is temporarily shutting down the operation, whi…
INTERNATIONAL QUOTES (October 20, 2008)
INTERNATIONAL QUOTES Australia (A$) Oct 14 Oct 7 Change Bendigo Mining 0.15 0.16 -0.01 Kingsgate Cons. 0.66 0.64 0.02 Lion Selection Ltd 1.39 1.50 -0.11 Newcrest Mining 26….
Correction:
In an article about SearchGold Resources (T. N. M. Oct. 6-12/08), we incorrectly identified Jean Eyeghe Ndong as the prime minister of Guinea when he is in fact the prime minister of Gabon.
Big diamond makes big difference for Rockwell’s Q2
A single diamond sold for US$10.3 million made up the bulk of Rockwell Diamonds’ (RDI-T, RDI-j) revenue over the latest quarter, which was affected by striking miners demanding higher wages.
Paramount reports high-grade gold at San Miguel
Paramount Gold & Silver (PZG-T,