Toronto Stock Exchange, June 10-14
The Toronto Stock Exchange took a beating during the week, with the S&P/TSX Composite Index tumbling 186 points to 12,187.36, as worries resurfaced of the U.S. Federal Reserve tapering its bond-buying program.
Cline Mining Corporation
Market news: Toronto Stock Exchange
The TSX Composite Index continued its recent climb gaining 68 points for the period. The positive run is tied to strong corporate earnings south of the border, recovering economic growth figures from China and a further kicking down the road of…
TSX continues to roll
The TSX Composite Index continued on its recent upward trajectory as it gained 68 points for the Jan. 21-25 period. The positive run has been tied to strong corporate earnings south of the border, recovering economic growth figures from China…
Cline keeps its head above water
Six months after Toronto-based Cline Mining (CMK-T) suspended operations at its wholly owned New Elk metallurgical coal mine outside of Trinidad, Colo., the company is still searching for answers.
Cline strives to to stay above water
VANCOUVER — Six months after Toronto-based Cline Mining (CMK-T) announced a suspension of operations at its wholly-owned New Elk metallurgical (met) coal mine outside of Trinidad, Colorado, the company is still searching for answers.
Market news: Toronto Stock Exchange
Optimism that politicians south of the border would come to a resolution regarding the impending fiscal cliff helped hold up equities north of the border during the trading week. The S&P/TSX Composite Index increased 107 points for the…
TSX gains ground
Optimism that politicians south of the border would come to a resolution regarding the impending fiscal cliff helped hold up equities north of the border. The TSX Composite Index was up 107 points for the Dec. 17-20 period, closing at 12,388.71…
Cline hit hard by falling coal demand, suspends New Elk ops
Global economic woes stemming from the Euro crisis and slowing industrial activity in some of the world’s largest economies are taking a toll on coal producers, with Toronto-based developer Cline Mining (CMK-T) halting operations at its…
Cline hit hard by falling coal demand, suspends New Elk ops
VANCOUVER — Global economic woes stemming from the Euro crisis and slowing industrial activity in some of the world’s largest economies continue to take a toll on coal producers, as Toronto-based developer Cline Mining (CMK-T) opted…
Cline Mining sues BC government for $500 million
Cline Mining (CMK-T) is suing the B.C. government for $500 million in compensation for the coal licences it lost when the government banned mining in the Flathead valley.The B.C. government made the surprise announcement in February 2010 that…
Xstrata and JX Nippon pledge $35M to BC coal
Xstrata’s (XTA-L) coal division is wasting little time in advancing its recently secured coal fields in B.C.’s Peace River region, as it and 25% joint-venture partner JX Nippon Oil and Energy launch into a $35-million prefeasibility…
Xstrata expands Canadian coal footprint
Swiss-based mining giant Xstrata (XTA-L) has struck a deal to buy the Sukunka coking coal deposit in northern B.C.’s Peace River region from Calgary-based Talisman Energy (TLM-T, TLM-N) for a cool US$500 million in cash.