Lean and mean has gone too far
The following is an open letter from Buzz Hargrove, the departing national president of the Canadian Auto Workers Union, the largest private sector union in Canada and representative of about 7,500 Ca…
News
Clear skies in Qinghai for Eldorado Gold (September 08, 2008)
As the first North American gold producer in China, Eldorado Gold (ELD-T, EGO-X) has a lot to smile about.
Minco-Sterling merger a no-go
VANCOUVER — Minco Silver (MSV-T, MISVF-O) has cancelled its plans to take over Sterling Mining (SMQ-T, SRLM-O).
Inmet and Petaquilla make nice
Inmet Mining has moved closer to its (IMN-T, IEMMF-O) dream of taking Petaquilla Copper (PTC-T, PTQLF-O) out of the picture at the Petaquilla copper project in Panama, by boosting its bid for the juni…
Silvercorp turning on China’s silver tap (September 08, 2008)
Record production brought in higher revenues for Silvercorp Metals (SVM-T, SVMFF-O) in the latest quarter, and the company maintained its status as one of the industry’s lowest-cost silver producers.
PEOPLE (September 08, 2008)
Canadian Royalties — Richard Faucher has resigned as president, CEO and a director; Glenn Mullan appointed president and CEO on an interim basis.
U. S. Markets August 26-29
U. S. indices were up during the holiday-shortened Aug. 26-29 trading session: the Dow Jones Industrial Average moved up 157 points, or 1.4%, to 11,544; the S&P 500 Index climbed 16 points, or 1.3…
Toronto Stock Exchange August 26-29
The TSX Composite Index enjoyed a slight rally over the Labour Day-shortened Aug. 25-29 trading period, gaining 482.29 points to finish at 13,771.25.
TSX Venture Exchange August 26–29
In another tentative sign that the market is picking up, the S&P-TSX Venture Composite Index posted four small gains over the truncated Aug. 26-29 trading week to close up 43.63 points at 1,983.64…
LME Warehouse Levels (September 08, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Sept. 1, 2008 (change from August 26 in brackets):
Red Hill expands Ulaan Ovoo pit
Red Hill Energy (RH-V, RHFFF-O) is combining a bulk-sample program with an open-pit expansion program at its Ulaan Ovoo coal project in Mongolia.
Spot Prices (September 08, 2008)
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