Kinross takes US$400 million charge to earnings
Kinross Gold (K-T; KGC-N) has restated its 2003 earnings following an accounting cleanup that revalued its acquisit…
Kinross Gold Corporation
TSX suffers resource slump
The Toronto Stock Exchange lost another 58.71 points to end the Oct. 11-17 report period at 10,553.44. The gold index plunged 8.12 points, or 3.7% to 212.2 points as the yellow metal edged US$1.80 per…
Energy stocks lead TSX down
The Toronto Stock Exchange finished the 4-day trading period Oct. 4-7 down more than 4%, as prices of energy stocks went off the cliff. The composite index was down 468.69 points at 10,612.50, with oi…
Temex focuses on gold assets (October 10, 2005)
Despite having multiple gold and diamond properties,
Temex focuses on gold assets (September 30, 2005)
Despite having multiple gold and diamond properties, Temex Resources (TME-V) is concentrating on gold — specifical…
TSX breaches 11,000
A strengthening tropical storm Rita and inflation worries set the price of oil and gold alight during the Sept. 13-19 report period. The twin drivers pushed the Toronto Stock Exchange through the 11,0…
Jericho: Canada’s next diamond mine
Jericho, Nunavut — By early next year, the Jericho diamond project in Canada’s Far North will be producing its first diamonds. It will be Canada’s third diamond mine and Nunavut’s first….
Hurricane season blows TSX toward 11,000
The Toronto Stock Exchange tacked on another 113.28 points to make 10,885.16 points amid yo-yoing oil prices, and the downgrading of tropical storm Ophelia, during the report period ended Sept. 12. Af…
Aginskoye approaches production
Korf, Koryaka, Russia — After years of struggle with environmentalists and the withdrawal of foreign investment, a Russian company is going it alone in its efforts to build the first hard-rock mine i…
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…
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…
Fazenda Brasileiro a success for Yamana
Teofilandia, Brazil — When