Bargains To Be Had — For Patient Investors
If investors have money to spare and can afford to wait for prices to recover, then recessions can be a good buying opportunity. The question, of course, is how long one has to wait until stock and co…
News
Iron Ore Contract Prices To Drop, Standard Chartered Says
Contract prices for iron ore will fall 15-20% in 2009, according to the commodity research team at Standard Chartered.
TSX VENTURE EXCHANGE – NOV. 25-DEC. 1
All things considered, it was a fairly uneventful week for the S&P-TSX Venture Composite Index over the Nov. 25-Dec. 1 trading session. The board ended the week up 16.33 points at 739.12, still ho…
TORONTO STOCK EXCHANGE – NOV. 25-DEC. 1
On Dec. 1, Canada’s benchmark S&P/TSX composite index experienced its worst one-day percentage fall since the crash of October 1987 — plunging 864.41 points, or 9.3%, to 8,406.21. The rout coinci…
U. S. MARKETS – NOV. 25-DEC. 1
U. S. markets were down during the Nov. 25-Dec. 1 trading session on continued signs of a recession, both stateside and around the world. The Dow Jones Industrial Average was down 330 points, or 3.9%,…
Tirex Offers 5 Oz. Gold For New Slogan
Before Tirex Resources (TXX-V, TIRXF-o), came along, gold and silver values were largely unknown in the Mirdita mining district of Albania because the state-run exploration company in charge never ass…
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…
People (December 08, 2008)
Apoquindo Minerals — Francisco Calaf appointed operations manager for the Apoquindo copper oxide project in Chile.
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…
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.
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.
Editorial: BHP Billiton Dodges A US$42B Bullet
The week ended Nov. 29, the 48th trading week of 2008, was characterized by a couple of things that didn’t happen.