Prophecy Development Corp







TSX finishes lower, Dec. 23-31

Sliding commodity prices and worries about slowing global growth sent the resource-heavy Toronto stock market down 11% to end 2015 at 13,000.95 — its worst performance since the financial crisis of 2008. Spot gold finished 2015 at…


TSX slips again, June 15-19

Canada’s benchmark index dropped 0.6% to finish at 14,653.12, amidst fears that Greece could default on its debt, and lower-than-expected Canadian retail sales in April. The S&P/TSX Capped Diversified Metals & Mining Index fell 4%…


TSX rises despite uncertainties, Feb. 2-6

Cautious optimism about oil prices that lifted some energy stocks, coupled with decent job numbers showing employment in Canada increased by 35,000 in January (the result of more part-time work), drove the S&P/TSX Composite Index higher by…


Toronto Stock Exchange, Sept. 30-Oct. 4

The S&P/TSX Composite Index ended the week in negative territory as the dispute over the U.S. federal budget and debt ceiling rattled investors. The index plunged 85.4 points to 12,758.65. The S&P/TSX Global Gold Index dropped 6.8…


Aerial view of Prophecy Coal's Chandgana coal project in Mongolia. Photo by Prophecy Coal

Prophecy Coal looks to satisfy Mongolia’s power needs

With the Mongolian economy growing at one of the fastest rates in the world, and China eyeing its neighbour as a potential long-term power source, Vancouver-based Prophecy Coal (PCY-T) is optimistic about its prospects for a power-purchase…


Prophecy Coal targets Mongolia’s growing power demand

VANCOUVER — With the Mongolian economy growing at one of the fastest rates in the world, and China eyeing its neighbour as a potential long-term power source, Vancouver-based Prophecy Coal (PCY-T) is optimistic about its prospects for a…


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