TSX posts strong gains, Feb. 6-10
Higher commodity prices, a positive jobs report and a second monthly trade surplus in December combined to power Canada’s main stock index to 15,729.12, up 1.6%, and surpassing the S&P/TSX…
Verde Potash plc
TSX posts slim gain, Oct. 27-31
It was not a good week for gold companies on the Toronto Stock Exchange, with the U.S. Federal Reserve confirming that its quantitative easing program would end in October. The gold price fell to US$1,170.60 per oz., while a stronger greenback…
Verde Potash pushes Cerrado ahead
VANCOUVER — With a prefeasibility study in hand and a major funding deal arranged with the Brazilian government, Verde Potash (TSX: NPK; US-OTC: AMHPF) is pushing its Cerrado Verde project in Brazil towards production.
TSX stays up, Feb. 18-21
The S&P/TSX Composite rose 150.96 points during the week to end at 14,205.72. The spot price for gold rose US$7 per oz. to $1,326.10, pushing up the gold miners. The S&P/TSX Global Gold Index added 4.03 points to 204.82, while the…
Verde Potash scores major funding from Brazilian government
VANCOUVER — It has been just over five years since Verde Potash (TSX: NPK; US-OTC: AMHPF) staked its Cerrado Verde potash project in western Minas Gerais, Brazil, with the goal of meeting the country’s growing fertilizer demand. And…
Toronto Stock Exchange, Dec. 2-6
The S&P/TSX Composite Index fell 113 points to 13,280.72 for the period, despite positive news from Canada’s neighbour to the south.
Toronto Stock Exchange, Aug. 6-9
The holiday-shortened trading period wasn’t a typical one for the S&P/TSX Composite Index. While often the index will trend in line with the resource sector that makes up a large part of it, for this period the two moved in opposite…
Toronto Stock Exchange, May 20-24
The Toronto Stock Exchange’s main index stayed in the green during the shortened week despite speculation that the U.S. Federal Reserve may slow down its monetary easing.
Toronto Stock Exchange, May 13-17
The S&P/TSX Composite Index rode an up-and-down period and came out ahead, as it gained 41 points to 12,613.12, largely on sentiment that the U.S. economy is recovering.
Brazil mining code stirs uncertainty
Revisions to Brazil’s mining code may cancel mineral rights that the government deems strategic such as phosphate, potash, and rare earth elements, Reuters reported yesterday, quoting unnamed but “high-level” government and…
TSX Venture pars mid-week losses, remains stable in Feb 27 to March 2 period
Vancouver – The S&P TSX Venture Composite Index remained relatively flat during the February 27 to March 2 trading period. The index fell 10.62 points to close the week at 1,678.90 on average trade volumes of 120 million shares per…
Venture sees small point, large volume drop in Feb 6-10 period
Vancouver – The S&P TSX Venture Composite Index saw its first week of decline since mid-December in the February 6 to 10 trading period, dropping 11.56 points to 1,653.55 points as questions about the Greek debt deal overshadowed…