News

TSX zeros in on 12,000-mark

The TSX Composite Index added 214.1 points to end the Jan. 24-30 report period at another record close of 11,947.47. The gold index recovered from last period’s stumble, plus some, adding 9.58 points…



Spot Prices Tuesday, January 31, 2006 Courtesy of Scotiabank

Precious Metals Price (US$/oz.) Change
Gold $569.80 +13.15
Silver $9.91 +0.91
Platinum…


Paladin jumps on cake sales

Shares in emerging uranium producer Paladin Resources (PDN-T, PALAF-O) jumped around 12% in early trading in Toronto on Jan. 19, after the company inked its first sales contract cov…


Junior miners continue to post gains

Once again, robust commodity prices and investor appetite buoyed the resource market over the Jan. 24-30 trading session. The S&P-TSX Venture Composite Index closed the week at 2,547.72, up 88.17…


Steel titans clash

The report period ended Jan. 30 was highlighted by Mittal Steel‘s brash US$23-billion hostile bid for its chief rival, European steelmaker Arcelor. Already the world’s largest steel…





Canadian Stock Exchange Indices (February 06, 2006)

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Photo by Anthony VaccaroMoto Goldmines geologist Guillaume Kiza overlooks a gold-rich valley in the northeastern Democratic Republic of the Congo. Nearby, a member of a government-sanctioned private police force acts as security -- a quiet reminder that danger is never far off in the developing world. In our 4-page feature on Mining in Africa, staff writer Anthony Vaccaro talks with a company that helps junior exploration companies like Moto decide to move forward or simply walk away.

The DRC: Unlimited potential or relentless turmoil?

The recent killings of eight UN peacekeepers in the Democratic Republic of the Congo reminded the world of the chaotic flux at work in the country. Every time optimism begins to take hold in the DRC,…


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Date Jan. 30 Jan. 27 Jan. 26 Jan. 25 Jan. 24 High Low
S&P/TSX-Ven Comp 2547.72 2521.99