News like this can’t hurt our long term goals belief system for RDK’s Copper Creek either given  Bingham Canyon, S .Utah

 

Rio Tinto copper force majeure at Utah copper mine

April 16 (Reuters) - Rio Tinto (Xetra: 855018 - news) 's Kennecott Utah Copper said on Tuesday it is invoking force majeure with respect to contracts with copper cathode and sulphuric acid customers after last week's huge landslide at its Bingham Canyon copper mine. Kennecott is in the early stages of assessing plans to restart ore production, spokesman Kyle Bennett said in an email. Force majeure is a clause included in contracts that removes liability for natural and unavoidable events that prevent companies from fulfilling their obligations. "Because of the slide and immediate impacts, Kennecott is invoking 'force majeure' in accordance with terms in the agreements with companies that we supply copper cathodes and sulphuric acid," Bennett said.

Rio said earlier on Tuesday it expects Kennecott's 2013 copper production to be reduced by about 100,000 tonnes because of the slide. Kennecott is the second-largest copper producer in the United States. Bingham Canyon, one of the world's largest open pits, produced 163,200 tonnes of copper last year, as well as 279,000 ounces of gold, 9,400 tons of Moly.  At six-tenths of a mile deep and 2.5 miles wide,

A whole 2,425 shs at $0.29 today at the close with an interesting cxlosing tap by ANOn for 1000 again , 3rd such manouevre in last  8 days of trading.   Nice size buying by TD last while. Six less shareholders out but of coursse Questrade #124 doing their thing

 

House Positions for C:RDK from 20130416 to 20130416

 

House Bought $Val Ave Sold $Val Ave Net $Net
7 TD Sec 128,000 38,380 0.30 5,925 1,768 0.298 122,075 -36,612
62 Haywood 10,000 3,050 0.305 0   10,000 -3,050
82 Stifel Nicholas 425 123 0.289 0   425 -123
124 Questrade 22,500 6,862 0.305 22,500 6,750 0.30 0 -112
9 BMO Nesbitt 0   5,000 1,550 0.31 -5,000 1,550
99 Jitney 0   7,500 2,240 0.299 -7,500 2,240
68 Leede 0   23,500 7,167 0.305 -23,500 7,167
1 Anonymous 1,000 305 0.305 49,000 14,695 0.30 -48,000 14,390
85 Scotia 0   48,500 14,550 0.30 -48,500 14,550
TOTAL 161,925 48,720 0.301 161,925 48,720 0.301 0

  

 

T:RDK Depth by Price @14:36:18http://www.stockwatch.com/App_Themes/Stockwatch/Images/chart_close.jpg

 

AT THE CLOSE

Bid

 

Ask

Orders

Size

Price

 

Price

Size

Orders

3

65,000

0.29

 

0.33

10,000

1

2

56,000

0.27

 

0.36

500

1

2

22,000

0.26

 

0.365

15,000

1

1

12,500

0.25

 

0.445

5,000

1

1

24,000

0.24

 

0.46

5,000

1

 

 

 

Trades for C:RDK on 20130416 - 21 trades displayed

TODAYS TRADES

Time ET

Ex

Price

Change

Volume

Buyer

Seller

Markers

15:57:48

T

0.29

-0.01

500

7 TD Sec

1 Anonymous

K

15:56:33

T

0.29

-0.01

1,000

7 TD Sec

99 Jitney

K

14:23:19

T

0.29

-0.01

425

82 Stifel Nicholas

7 TD Sec

E

14:23:19

T

0.29

-0.01

500

7 TD Sec

7 TD Sec

K

14:23:19

T

0.30

 

5,000

62 Haywood

7 TD Sec

K

13:04:25

T

0.30

 

1,500

7 TD Sec

99 Jitney

K

13:01:50

T

0.30

 

5,000

7 TD Sec

99 Jitney

K

12:59:38

T

0.30

 

1,000

7 TD Sec

1 Anonymous

K

12:59:29

T

0.30

 

2,500

7 TD Sec

1 Anonymous

K

12:59:26

T

0.30

 

22,500

7 TD Sec

124 Questrade

KW

12:59:16

T

0.30

 

42,500

7 TD Sec

85 Scotia

K

12:53:32

T

0.30

 

6,000

7 TD Sec

85 Scotia

K

12:53:05

T

0.30

 

5,000

7 TD Sec

1 Anonymous

K

12:26:29

T

0.30

 

12,500

7 TD Sec

1 Anonymous

KW

12:16:35

T

0.30

 

15,000

7 TD Sec

1 Anonymous

KW

12:09:17

T

0.30

 

10,000

7 TD Sec

1 Anonymous

KW

12:08:08

T

0.30

 

2,500

7 TD Sec

1 Anonymous

KW

11:57:47

T

0.305

0.005

7,500

124 Questrade

68 Leede

KW

11:51:55

T

0.305

0.005

15,000

124 Questrade

68 Leede

KW

11:47:19

T

0.305

0.005

1,000

1 Anonymous

68 Leede

K

10:50:18

T

0.31

0.01

5,000

62 Haywood

9 BMO Nesbitt

KL

 

 

 

 

House Positions for C:RDK from 20130401 to 20130416

 

House

Bought

$Val

Ave

Sold

$Val

Ave

Net

$Net

7 TD Sec

369,400

109,265

0.296

161,925

48,760

0.301

207,475

-60,505

62 Haywood

210,000

62,075

0.296

5,000

1,474

0.295

205,000

-60,601

59 PI

181,250

55,629

0.307

0

 

181,250

-55,629

46 Macquarie

70,000

21,700

0.31

0

 

70,000

-21,700

68 Leede

89,500

27,774

0.31

23,500

7,167

0.305

66,000

-20,607

2 RBC

57,500

18,062

0.314

5,500

1,572

0.286

52,000

-16,490

25 Odlum

36,600

11,346

0.31

0

 

36,600

-11,346

9 BMO Nesbitt

49,142

14,635

0.298

32,000

10,105

0.316

17,142

-4,530

33 Canaccord

15,000

4,900

0.327

0

 

15,000

-4,900

65 Goldman

13,500

4,481

0.332

0

 

13,500

-4,481

31 D&D

12,500

3,750

0.30

0

 

12,500

-3,750

79 CIBC

14,000

3,849

0.275

11,000

3,032

0.276

3,000

-817

82 Stifel Nicholas

870

264

0.303

3,892

1,201

0.309

-3,022

937

13 Instinet

16,500

4,927

0.299

26,500

8,009

0.302

-10,000

3,082

99 Jitney

4,000

1,171

0.293

17,000

5,037

0.296

-13,000

3,866

70 Manulife

0

 

17,500

5,060

0.289

-17,500

5,060

80 National Bank

5,000

1,700

0.34

24,600

7,380

0.30

-19,600

5,680

22 Fidelity

0

 

32,000

9,475

0.296

-32,000

9,475

85 Scotia

77,200

23,316

0.302

115,345

34,432

0.299

-38,145

11,116

124 Questrade

117,800

35,980

0.305

173,000

54,613

0.316

-55,200

18,633

14 ITG

10,000

3,150

0.315

99,500

28,251

0.284

-89,500

25,101

15 UBS

0

 

144,000

43,726

0.304

-144,000

43,726

1 Anonymous

168,000

51,381

0.306

370,000

112,912

0.305

-202,000

61,531

83 Mackie

10,000

3,100

0.31

265,500

80,249

0.302

-255,500

77,149

TOTAL

1,527,762

462,455

0.303

1,527,762

462,455

0.303

0

0