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TSX suffers resource slump

The Toronto Stock Exchange lost another 58.71 points to end the Oct. 11-17 report period at 10,553.44. The gold index plunged 8.12 points, or 3.7% to 212.2 points as the yellow metal edged US$1.80 per…


Mini-corrections temper U.S. markets

What goes up must come down, at least a little, which was the case for most resource companies on U.S. markets over the report period Oct. 4-10. Copper companies gave back some of their recent gains,…


Energy stocks lead TSX down

The Toronto Stock Exchange finished the 4-day trading period Oct. 4-7 down more than 4%, as prices of energy stocks went off the cliff. The composite index was down 468.69 points at 10,612.50, with oi…



TSX breaches 11,000

A strengthening tropical storm Rita and inflation worries set the price of oil and gold alight during the Sept. 13-19 report period. The twin drivers pushed the Toronto Stock Exchange through the 11,0…


Juniors lifted on speculative tide

Generally bullish commodity news and a surging gold price kept things rosy for the juniors during the report period Sept. 13-19. The TSX Venture Index closed at 2,069.80 on Sept. 19, a gain of 71.64 p…



U.S. markets back to basics

Energy and commodity producers held steady on U.S. markets even as some high-end retailers and high-tech manufacturers were battered by the wake of Hurricane Katrina. Investors seem to be betting that…


Glamis Gold’s Marlin proves contentious

For America’s Glamis Gold (GLG-N, GLG-T), negative publicity has been all too abundant in recent months. As the Reno, Nev.-based company nears the production startup of its US$254-m…


Hurricane season blows TSX toward 11,000

The Toronto Stock Exchange tacked on another 113.28 points to make 10,885.16 points amid yo-yoing oil prices, and the downgrading of tropical storm Ophelia, during the report period ended Sept. 12. Af…


Miners try to keep pace with Oilers

Strong gains in the energy sector were the story on the Toronto Stock Exchange as Hurricane Katrina pushed up oil and gas prices during the report period Aug. 29-Sept. 4. The Toronto Stock Exchange co…



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