Volume 99 Number 40 Nov 18 - 24, 2013





Toronto Stock Exchange, Nov. 4-8

The S&P/TSX Composite Index was up 17 points to 13,378.33 for the period, as jobs data in Canada and the U.S. beat expectations and bolstered investor confidence. The loonie fell 0.27 of a cent to US95.32¢, after Statistics Canada…


U.S. markets, Nov. 4-8

U.S. stock markets were in positive territory for the fifth week in a row, buoyed by unexpectedly strong jobs data showing that employers added 204,000 non-farm jobs in October, and better-than-expected gross domestic product (GDP) growth….



Trucks at the Detour Lake gold mine in northeastern Ontario. Credit: Detour Gold

Detour Gold slumps on weak 2014 outlook

Detour Gold (TSX: DGC; US-OTC: DRGDF) took a beating after publishing its first commercial earnings at the Detour Lake gold mine in northeastern Ontario, with its shares plunging 20% to a yearly low of $6.16, before closing at $6.35. But that…




In Mongolia, core stacked at Kincora Copper's Bronze Fox copper project, which is still in good standing. Credit: Kincora Copper

Mongolian gov’t rescinds 106 exploration licences

Criminal legal proceedings against former government officials in Mongolia have resulted in the cancellation of 106 mineral-exploration licences in the country. Investigating the former government officials accused of corruption has brought…


MBAC shows Santana’s feasibility

MBAC Fertilizer (TSX: MBC; US-OTC: MBCFF) is de-risking its Santana phosphate project in Brazil, with a feasibility study showing that the company could, for US$427 million, build a 32-year operation producing 500,000 tonnes of granulated…


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