Investors remained cautious about the outlook for negotiations to avoid the “fiscal cliff” in the United States, but a strong earnings season for Canadian banks helped lift the S&P/TSX Composite Index 26.12 points or 0.21% to…
During the Nov.26-30 trading week investors paid close attention to U.S. lawmakers negotiating a budget deal to avoid the approaching “fiscal cliff” or automatic tax hikes and government spending cuts set to start on Jan. 1, 2013….
The Toronto stock market gained during the trading week as investors looked forward to a positive U.S. holiday retail season and good news coming out of Europe regarding Greece’s bailout plan.
The TSX Venture Exchange made a modest gain of 12 points to 1,258.97 points for the period as global markets shrugged off their past selling ways and embraced a more positive outlook on the state of the world.
Kinross Gold (K-T, KGC-N) shares have fallen by 15% since the beginning of October, but strong third-quarter results portend a turnaround is in store, analysts say.
Vancouver’s two biggest universities have been selected to spearhead the establishment of a “Canadian International Institute for Extractive Industries and Development”. The University of British Columbia (UBC) and Simon…
With nearly 1,650 companies listed, mining is one of the Toronto Stock Exchange’s most important sectors. The TSX and the TSX Venture Exchange are home to more than half of the world’s public mining companies, as Canada continues to…
As we go to press, rebel fighters from the M23 group in the Democratic Republic of the Congo have pushed past Goma, the capital of North Kivu province, to the town of Sake, 20 km west, and claim they plan to march to Kinshasa, the…
In a move to lock up uranium-rich ground in the Athabasca basin of northern Saskatchewan, Denison Mines (DML-T, DNN-X) plans to buy joint-venture partner JNR Resources (JNN-V) for nearly $10 million.
Skyrocketing costs are eating into the pocketbooks of miners across the industry, and Anglo American (AAL-L, AAUKY-Q) is no exception.
Business partners Ian Slater and Robert Bell first set their sights on Kazakhstan mineral potential not long after the country declared independence from the Soviet Union in the early 1990s. Two decades later, their vision of developing a…
Thompson Creek Metals (TCM-T, TC-N) is sinking deeper into the red as it builds the $1.5-billion Mount Milligan copper-gold mine in central B.C., posting a third-quarter net loss of US$48.2 million, or US29¢ a share, compared with a profit…
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