14 of 100 highest paid Canadian CEOs are miners, study says
A study on executive compensation by the Canadian Centre for Policy Alternatives says the 100 highest-paid CEOS working at companies listed on the Toronto Stock Exchange in 2015 earned the…
Potash Corporation of Saskatchewan Inc
TSX moves higher, Dec. 5-9
The Bank of Canada announced that it would keep its interest rate steady, arguing that while economic data “suggests that global economic conditions have strengthened,[uncertainty] — which has been undermining…
TSX rises, Nov. 7-11
The S&P/TSX Venture Composite Index dove 34.07 points, or 4.5%, to a 727.91-point close in the aftermath of the U.S. presidential election. Spot gold prices dropped US$77.42 to US$1,227.64 per…
US markets move marginally higher, Sept. 26-30
The U.S. Conference Board reported that consumer confidence increased in September for a second straight month and is now at its highest level since the recession. The Dow Jones Industrial…
The Northern Miner podcast – episode 28: Our eyes on autumn ft. Mickey Fulp
Matt is joined by the Mercenary Geologist, Mickey Fulp, to talk the U.S. economy, elections, and a potential interest rate hike from the Federal Reserve. We ask if gold stocks are…
US stocks steady, Aug. 29 – Sept. 2
Worries over a potential rate hike by the U.S. Federal Reserve were alleviated somewhat during the trading week with lower than expected job numbers. Total non-farm payroll employment in the U.S….
TSX gains, Aug. 29 – Sept. 2
The S&P/TSX Composite Index rose 1.06% to 14,795.70, despite mixed economic news. The S&P/TSX Global Mining Index edged up 0.35% to 63.20 and the S&P/TSX Global Gold Index added 1.45% to…
Canpotex nixes plan for potash terminal in Prince Rupert
VANCOUVER — Canpotex, an exclusive offshore marketing company for potash mined in Saskatchewan by Agrium (TSX: AGU; AGY: NYSE), Mosaic (NYSE: MOS) and Potash Corp. of Saskatchewan (TSX: POT; NYSE: POT),…
Wall Street mixed, June 6-10
U.S. stocks were mixed amidst concerns about the global economy. The Dow Jones Industrial Average posted a weekly gain of 0.3% to finish at 17,865.34, while the S&P 500 Index…
Aston Bay, BHP agree to take on Storm together
After a year of talks and hundreds of hours of due diligence, BHP Billiton (NYSE: BHP) has signed an option agreement to earn a 75% stake in Aston Bay Holdings’…
US markets mixed, May 16-20
Investor sentiment was mixed after news that benchmark interest rates could rise in June. Positive economic data appeared to support a hike — with the U.S. Consumer Price Index up…
Potash faces ‘significant headwinds,’ Macquarie says
Slow adjustments to potash supply will “prolong the pain of rebalancing,” while power “shifts to the buyers,” Macquarie Research says.