Market news: Toronto Stock Exchange
The holidays brought cheer to Canadian investors, and the S&P/TSX Composite Index was up 54 points to 12,433.53 for the period, with equities still climbing at press time.
Articles by Northern Miner Staff
Market news: TSX Venture Exchange
Christmas holidays kept things fairly quiet on the S&P/TSX Venture Composite Index over the trading period, though the board notched small gains each day to end the session up 24.1 points at 1,201.84. Trading volumes were subdued, averaging…
Market news: U.S. Markets
U.S. stocks ended the trading week in the red, as expectations that a deal would be made to avoid the fiscal cliff temporarily wavered.
Premier delivers 7.8M oz. Trans-Canada gold resource
Premier Gold Mines (PG-T) has completed a much-anticipated resource estimate on the Trans-Canada project in the Beardmore-Geraldton greenstone belt. The resource estimate represents the first consolidated results of the four gold deposits…
Rubicon prepares to defend Phoenix in court
The Wabauskang First Nation is getting more forceful in opposing Rubicon Minerals (RMX-T, RBY-X) and its Phoenix gold project in Red Lake, Ont.
Canada Lithium starts mine commissioning
Canada Lithium (CLQ-T) is commissioning the open pit and processing plant at its Quebec Lithium mine near Val-d’Or, Que., with first production of spodumene concentrate expected shortly, followed by lithium carbonate output early this…
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankWednesday, January 2, 2013Precious MetalsPrice…
EMED perseveres at Rio Tinto in Spain
The Rio Tinto copper mine in southwest Spain has been mined for thousands of years, and modernizing it might be a challenge.
Cash-rich AuRico to buy back shares
AuRico Gold (AUQ-T, AUQ-N) is flush with US$750 million in cash after selling Minera Frisco (MSNFY-O) its Ocampo mine and adjacent exploration projects, Venus and Los Jarros, in Mexico’s Chihuahua state, as well as its 50% interest in…
South American Silver invests closer to home
After taking a bruising in Bolivia earlier this year when the government revoked its Malku Khota concession, South American Silver (SAC-T, SOHAF-O) is sticking a little closer to home.
Will 2013 be the year of the dividend?
While some companies have ditched their chief executives lately the trend does not signal a change in management practice or the reluctance to pay a dividend, Christopher Ecclestone of Hallgarten & Co. argues.
BMO takes a fresh look at single asset miners
BMO Capital Markets research team is shaking things up heading into the New Year.