BHP Billiton’s decision to walk away from its hostile move on Rio Tinto ranks as the largest aborted global transaction, while the global financial crisis caused a record number of merger and acquisitions to fall over this year. For full story, click here
Read the full article: "The takeover game that made both sides losers"
Friday, November 28, 2008
Lead fell to a two-year low at $1,081 a tonne as traders priced in falling demand from the auto sector, where sales have plunged. For full story, click here
Read the full article: "Lead fell to a two-year low"
Thursday, November 27, 2008
Namibian lead miners said that the fall in the prices on the international market amid a slowdown in global economic growth would seriously hurt their revenues but assured the market they would continue digging. For full story, click here
Read the full article: "Namibian lead miners will not cut production"
Thursday, November 27, 2008
A study by Portugal-based International Lead Study Group has highlighted that the global surplus in ‘08, will rise, as supply continues to exceed demand. For full story, click here
Read the full article: "Global surplus in ‘08, will rise: Study"
Wednesday, November 26, 2008
Miner HudBay Minerals Inc. is buying Lundin Mining Corp. in a friendly deal that creates one of Canada’s biggest publicly traded base-metals companies. For full story, click here
Read the full article: "Metals miners HudBay and Lundin announce..."
Wednesday, November 26, 2008
Lead stocks on the London Metal Exchange fell 225 tonnes to 41,075 tonnes and zinc inventories were down 175 tonnes to 190,475 tonnes. For full story, click here
Read the full article: "Lead stocks on the London Metal Exchange fell"
Tuesday, November 25, 2008
Ailing lead miner Perilya Ltd has asked the Takeovers Panel to intervene in CBH Resources Ltd’s $28.9 million bid and confirmed it is being eyed by rival suitors. For full story, click here
Read the full article: "Perilya confirms rivals’ interest to..."
Tuesday, November 25, 2008
Lead was up at $1,215/1,220 from $1,183 a tonne and tin traded up 11.3 percent or $800 at $12,800. For full story, click here
Read the full article: "Lead up at $1,215/1,220"
Monday, November 24, 2008
Apogee Minerals Ltd. announced it has suspended production at its silver-zinc-lead mining operation, located north of La Paz in Bolivia. For full story, click here
Read the full article: "Apogee Halts Production at La Solucion Mine,..."
Monday, November 24, 2008
Lead prices declined in the last week by 13.1% on the LME, despite a slump in LME inventories by 6.3%. For full story, click here
Read the full article: "Lead prices declined by 13.1%"
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Friday, November 28, 2008