Toronto Stock Exchange February 2-8
Sovereign debt issues across the pond hit global markets hard over the Feb. 2-8 period and Toronto was no exception. The TSX composite index fell by over 200 points to finish the period at 11,115.30.
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TSX Venture Exchange February 2-8
Concerns that some European countries too saddled with debt to shake free from the recession will slow the global recovery continued to hurt the S&P-TSX Venture composite index over the Feb 2-8 tr…
U.S. Markets February 2-8
The Feb. 2-8 trading period was a losing one due partly to worries over Greece’s troubled debt situation, which is being backed by Eurozone countries. Investors are still worrying about Europe’s finan…
Lobo-Marte Boosts Kinross’s Gold Reserves
Kinross Gold (K-T, KGC-N) has announced its first reserve at the Lobo-Marte gold project in northern Chile. The project has a proven and probable reserve of 141 million tonnes grading 1.22 grams gold …
Imperial’s Red Chris Gets Supreme Court Exemption
VANCOUVER — In a decision more than three years in the making, the Supreme Court of Canada ruled the ministries working under the Canadian Environmental Assessment Agency (CEAA) were wrong to reduce …
CAW Asks Gov’t To Keep Kidd Open
The Canadian Auto Workers union has called on both the Ontario and the federal governments to investigate Xstrata’s (XTA-L, XSRAF-O) decision to close the Kidd metallurgical site in Timmins, Ont., thi…
NA Palladium Searches For Gold Around Sleeping Giant
Now that North American Palladium (PDL-T, PAL-X) has reached commercial production at the Sleeping Giant gold mine and mill 80 km north of Amos, Que., the company is gearing up to spend $6.2 million o…
GE And Komatsu Deliver Mining Trucks To India
General Electric’s (GE-N) transportation wing GE Transportation and Japanese equipment manufacturer Komatsu have delivered 17 AC mining trucks to Hindustan Zinc’s operations in India.
Potash Corp.’S Financial Results ‘Below Potential’
Potash Corp. of Saskatchewan’s (POT-T, POT-N) sales volumes of potash last year were the lowest since it became a publicly-traded company in 1989.
SGS VP Awarded Canadian Mineral Processor Of The Year
Chris Fleming, VP of metallurgy at SGS Mineral Services, has been awarded the Canadian Mineral Processor of the Year by the Metallurgical Society of CIM (MetSoc).
Fortuna Silver Hits High Grade At Caylloma, Raises $30 M To Build San Jose In Mexico
VANCOUVER — With the discovery of a high-grade, gold-silver segment of the main vein at the Caylloma mine, receipt of the final permits for development of the San Jose mine, and $50 million in new fu…
International Minerals And Hochschild Boost Inmaculada
VANCOUVER — International Minerals (IMZ-T) upped the resource count at its 51%-owned Inmaculada gold-silver project in Peru, a joint venture with Hochschild Mining (HOC-L).