Cominco may be in line for a revival

Article Abstract:

Zinc mining company Cominco of Vancouver, British Columbia, will benefit from the recovery in the price of zinc which has been hovering near five- year lows. Cominco is the third largest producer of refined zinc wih an annual output of around 360,000 tons. Industry analysts said the key developments, including the planned shutdown of its Highland Valley copper mine in British Columbia and the performance of its new Kivcet lead smelting process at its plant in Kivcet, BC, have effect on the company's future earnings and stock price.

Financial analysis, Lead Ore and Zinc Ore Mining, Zinc Mines, Zinc mining, Cominco Inc.

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Loewen shares fall 11% on asset sale

Article Abstract:

Loewen Group Inc shares dropped by 11% when a $193 million deal to sell 25% of its US cemeteries was not favorably received by investors. Loewen had intended to sell 124 cemeteries to buyout firm McCown De Leeuw & Co as a means to address its short term liabilities. The 32-cent fall of Loewen's shares was attributed to the concern of investors regarding the long-term effect of the deal on Loewen's profitability.

Securities prices, Funeral Homes and Funeral Services, Funeral Services, Loewen Group Inc.

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