Profit-taking drops TSX
Profit-taking in the resource sector pushed the S&P/TSX Composite Index 125.19 points lower to 10,525.49 during the Aug. 16-22 report period. The gold index retreated 6.29 points, or 3%, to 202.23…
Barrick Gold Corporation
Teck Cominco basks in ‘strongest second quarter ever’
Vancouver — Copper, molybdenum, and coal all took a back seat to precious metals for most of the 1990s, but no more. The once-lacklustre commodities propelled
Shougang losing friends in Marcona
Lima, Peru — Venezuela’s President Hugo Chavez once said that China’s Chairman Mao and South America’s independence hero Simon Bolivar would have been the best of friends had they met, a lively ackno…
TSX on a roll, surpasses Dow Jones
With oil flirting with a record close of US$64 per barrel, Toronto stocks rose 191.42 points to 10,614.35 during the Aug. 2-8 report period. The advance left the S&P/TSX Composite Index north of t…
Laramide ropes uranium package (August 09, 2005)
Laramide Resources (LAM-V) has agreed to pay US$3.75 million for a package of four uranium properties held by Barri…
Peruvian royalty proving problematic
Lima, Peru — Record international metals prices have been hugely profitable for Peru. They also brought with them a nasty surprise: mining royalties. Everyone, it seemed, wanted a slice of the pie. B…
Toronto miners droop during earnings season
Toronto stocks survived a late stumble to finish the holiday-shortened July 26-29 report period 60.38 points better at a multi-year high of 10,422.93. The S&P-TSX Canadian Gold Index reversed cour…
Combination fells TSX
A double-whammy of looming interest rate hikes and a narrower trade surplus sent Toronto stocks 54.69 points lower to 10,163.03 over the July 12-18 report period. After some early resistance, the gold…
Orezone drills water wells
TSX resilient after London bombing
The Toronto Stock Exchange survived the July 7 bomb attacks in London to post a 275.93-point, or 2.8%, gain, ending the July 5-11 report period near a 5-year high at 10,217.72. The mining and metals i…
Committee Bay looks south in Matador merger (July 14, 2005)
Vancouver – Nunavut gold explorer Committee Bay Resources (CBR-V) is merging with Australian focused Matador Explor…
Field work begins at Horse Mountain
Vancouver — Field work by