The plan of arrangement under which coal producer Fording (FDG-T) would be converted into an income trust has received shareholder approval at a special meeting in Calgary, allowing Fording to combine…
The S&P-TSX composite index continued its downward spiral over the Feb. 19-25 report period, slipping 89.45 points to 6,503.10.Not even a surge in spot gold could save producers: Placer Dome plummeted…
Although it came as no surprise, Kinross Gold made headlines over the Jan. 28-Feb. 4 report period by concluding its long-awaited 3-way merger with TVX Gold and Echo Bay Mines to become Canada’…
A hundred years of mining were distilled into a few hours at the fifteenth annual induction ceremony and dinner of the Canadian Mining Hall of Fame in Toronto on January 16.In the hundredth anniversar…
The heated battle for Calgary-based coal miner Fording (FDG-T) has ended with a truce that would see rival bidders combine their respective metallurgical coal assets under the banner Fording Canadian …
Looking to deliver a deathblow in the bidding war for Calgary-based coal producer Fording (FDG-T), the Sherritt Coal Partnership II has boosted the cash component of its $35-per-share bid.The partners…
Although still 14% lighter than a year ago, the Toronto Stock Exchange composite index gained a hefty 155.16 points over the Dec. 31-Jan. 7 report period to finish at 6,772.66.Gold nosedived at first,…
It did not feel as momentous as 2000 or 2001, when we saw the creation of several global mining giants, but 2002 was full of smaller-sized mergers, particularly in the precious metals sector.Among the…
The Toronto Stock Exchange composite index began the Dec. 11-17 report period on an upswing, peaked, then crashed as skittish investors counted their blessings and ran for the hills. Still, the index …
Profit-takers outnumbered investors over the Dec. 4-11 report period, causing the Toronto Stock Exchange composite index to lose 43.41 points. The index finished the week at 6,597.20.Gold, buoyed by n…
The Toronto Stock Exchange posted its strongest gain in weeks during the Nov. 27-Dec. 3 report period, thanks to a rally in the energy and financial sectors plus the release of positive economic news …
Regaining ground lost in the previous period, the Toronto Stock Exchange Composite Index closed up 94.38 points higher in the Nov. 13-19 report period. The benchmark was set at 6,423.65 points.London …
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.