FACTBOX-Mines and plants hurt by low prices, high costs

Mon Dec 22, 2008 9:02pm EST
 
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Dec 10 - Norsk Hydro (NHY.OL) to permanently shut 120,000 tonnes of aluminium capacity at its Karmoy smelter in Q1 2009. [ID:nLA653715]

Dec 10 - Acadian Mining (ADA.TO) says it scaling back operations at its Scotia zinc-lead mine in Canada.

Dec 10- Highland Gold Mining (HGM.L) delays commissioning of its Novoshirokinskoye gold-silver-lead-zinc project and also defers majority of construction work at its Mayskoye gold project. [ID:nLA493483]

Dec 10 - Madras Aluminium says to temporarily suspend its entire aluminium production with immediate effect. Previously had made a 60 percent cutback.

Dec 10 - Rio Tinto's global spending cuts and layoffs likely mean delays for aluminium smelter projects in Canada. [ID:nN10347371]

Dec 10 - Rio Tinto Alcan has cut production at its aluminium smelters in France. [ID:nLA738279]

Dec 10 - Genco to delay completion of feasibility study for expansion at La Guitarra silver-gold mine in Mexico. [ID:nWNAB1526]

Dec 9 - Xstrata Plc (XTA.L) said it will continue the shutdown of its Falcondo ferronickel operations in the Dominican Republic. [ID:nL9699328]

Dec 9 - China's top tin producer, Yunnan Tin, (000960.SZ) has stopped production at its smelting facility. [ID:nPEK28752]

Dec 9 - Boliden says it cutting its zinc production at its Finnish and Norwegian smelters. [ID:nL9657601]

Dec 9 - Eramet ERMT.PS says to adjust nickel output to about 50,000 tonnes per year (tpy) from the start of 2009.

Dec 9 - Xstrata says has cut ore production by 20 percent at its McArthur River lead-zinc mine in Australia [ID:nL9713243]

Dec 8 - Anvil Mining Ltd (AVM.AX) (AVM.TO) says it suspending copper production and shutting its Dikulushi mine in the Democratic Republic of Congo (DRC). [ID:nSYD14038]

Dec 8 - South Korea's Young Poong (000670.KS) plans to cut zinc production by 10 percent. [ID:nSEO333638]

Dec 8 - Germany's GEA (G1AG.DE) confirmed Ruhr-Zink will close its Datteln zinc plant at the end of the year. [ID:nL8445457]

Dec 8 - Sumitomo Metal Mining Co Ltd (5713.T) says to lower copper production by 10-20 percent in Q1 2009. [ID:nT327296]  Continued...

 

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