Pink slips went out Monday to 686 employees of Xstrata Nickel in Sudbury, further affecting a northern Ontario region hit hard by low commodity prices and a mining industry slump. For full story, click here
Continue reading "Recession engulfs almost 700 workers at Xstrata Sudbury"
Tuesday, January 20, 2009
Xstrata Plc said it will continue the shutdown of its Falcondo ferronickel operations in the Dominican Republic. For full story, click here
Continue reading "Xstrata Plc's plans for its Dominican Republic operations"
Wednesday, January 14, 2009
Xstrata says has cut ore production by 20 percent at its McArthur River lead-zinc mine in Australia. For full story, click here
Continue reading "Xstrata cuts production"
Tuesday, January 6, 2009
Xstrata Plc said it will continue the shutdown of its Falcondo ferronickel operations in the Dominican Republic. For full story, click here
Continue reading "Xstrata continue with shutdown of Falcondo operations"
Monday, January 5, 2009
Overview TNR Gold Corp. (TSX-V: TNR) is a junior mining company actively exploring a portfolio of properties in North and South America. Our primary focus in 2008 is the exploration and development of three key projects in Argentina: Eureka, El Salto, and El Tapau. We continue to explore our other properties while identifying new quality [...]
Continue reading "TNR Gold Corp – Developing in Argentina"
Wednesday, November 12, 2008
Xstrata Queensland Limited said it is not happy at the result of the shareholder vote on the Resolution at the Indophil Resources General Meeting today in Melbourne. For full story, click here For Indophil’s website, click here
Thursday, October 16, 2008
By Leia Michele Toovey- Exclusive to Copper Investing News After the week started on a good note, on Wednesday a Fed warning that the U.S. economy still faces significant threats and bleak U.S economic data led Wall Street to its worst day since the 1987 stock market crash. Copper dropped as much as 8 per [...]
Continue reading "Poor economic data causes copper crash"
Thursday, October 2, 2008
London copper lost its 1.75 percent gain after the US Senate approved the $700 billion financial plan. Copper fell $12 to $6,148 a tonne. Copper is up from its Wednesday low of $6,120, the lowest since March 2007. In base metals the market is looking very heavy … and there is a growing chance that [...]
Continue reading "LME Copper Reverses Gains"
Wednesday, October 1, 2008
While waiting for news on the US financial bailout package copper has dropped another 2 percentage points. Copper prices caught in a spiral of U.S. dollar strength, spreading economic slowdown, and long liquidation – analysts. Read the article here. A strike at Xstrata’s Kidd operations will impact copper cathode production. The London Metal Exchange (LME) [...]
Continue reading "US Copper Drops 2% at Open"
Thursday, September 11, 2008
By Leia Michele Toovey- Exclusive to Copper Investing News Wednesday was the first day in five sessions that U.S. copper futures ended up. The change in trend comes after a reduced production outlook from a top producer and an earthquake in northern Chile re-ignited some fears of a shortfall in supply. The price of copper [...]
Continue reading "Supply threats lend support to copper"
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Monday, February 9, 2009