Alcoa trims more workers
The biggest news of the week was Alcoa’s announcement it will cut production and staff at three smelters, in Rockdale, Tex., Massena, N.Y., and Ferndale, Wash.After cutting 10,000 jobs in 2002, the co…
Galena Complex
Workers perish at Stillwater, Galena mines
Denver — An underground contract worker for Thyssen Mining Construction was killed at Stillwater Mining’s platinum-palladium mine in southwestern Montana.The miner was struck by underground mining eq…
Coeur completes acquisition of Silver Valley
Coeur d’Alene Mines (CDE-N) has completed its acquisition of Silver Valley Resources and other assets from Asarco (AR-N) in a deal valued at US$33.4 million.The Idaho-based company granted Asarco 7.1 …
PRECIOUS METALS — Coeur consolidates ownership in Silver Valley
Coeur d’Alene Mines (CDE-N) will acquire the silver assets of Asarco (AR-N) in return for a portion of its outstanding shares.At present, Coeur d’Alene and Asarco share ownership in Silver Valley Reso…