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%,…
News
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…
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…
Reed Lake Drilling Paying Off For VMS Ventures
Vancouver — The Reed Lake discovery continues to return solid copper-zinc-silver-gold intersections for VMS Ventures (VMS-V, VMSTF-O).
Vaaldiam Looks To ‘Stop The Bleeding’
Vaaldiam Resources (VAA-T, VAAFF-o) says the world financial crisis and a 25% drop in rough diamond prices since September have forced it to shut down its Duas Barras alluvial diamond mine in Minas Ge…
BHP Backs In On Peregrine’s Chidliak
BHP Billiton (BHP-N, BLT-l), the principal owner of Canada’s wildly successful Ekati diamond mine in the Northwest Territories, seems to think Peregrine Diamonds’ (PGD-t) Chidliak project, on southern…
Second Time’s The Charm At Boyongan
Vancouver–The Boyongan copper- gold project’s second prefeasibility study this year has come to a different conclusion than the first.
Denison Slides On Midwest Deferral
Vancouver — Investors drove Denison Mines’ (DML-T, DNN-x) share price down 24% after the company announced plans to shut down the Tony M uranium mine in Utah and shelve development plans for the Midw…
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.
Global Financial Crisis Sends Deal Value Down
The value of mergers and acquisitions in the metals industry this year will fall far short of last year’s total and the outlook for the first half of 2009 doesn’t look very promising, PricewaterhouseC…
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.
People (December 08, 2008)
Apoquindo Minerals — Francisco Calaf appointed operations manager for the Apoquindo copper oxide project in Chile.