TSX Mining News

The look and feel of Canadian venture market bottoms (1981-2014)

The bear market for commodities has brought the TSX Venture index to reach new lows in December 2014.

TSX closes at record high on gold rise, Fed tapering

Highest close since June 2008.

Jaguar Mining shares no longer traded in Toronto's main exchange

The junior has been accepted for listing in the TSX Venture Exchange (TSX-V).

Canada to boost support for mining, but faces challenges

The government is fine tuning details of an aggressive campaign to promote Canada’s mining sector abroad, and so redirect trade spending and foreign affairs to core economic interests.

Little optimism for Canadian mining equities in Ernst & Young report

Weak performance from the Canadian mining market while S&P/TSX Composite index on the rise.

Canada's mining sector fails to book a single IPO so far this year

First time this has happened in a decade.

Mining and Energy stocks back Canadian and American markets

Stocks struggle Wednesday morning as risk trades were daunted by dreary economic activity figures on both sides of the globe and the Greek post-deal aftermath.

No competition challenge for LSE/TMX merger

London Stock Exchange Group and its takeover target, TMX Group, said Friday Canadian competition authorities won't challenge the proposed combination of two exchange operators. The issuance of the no action letter satisfies a condition of a Feb. 9 agreement by LSE and the company that operates the Toronto Stock Exchange to join forces in a $3 billion deal. A consortium of nine major Canadian banks and investment funds called Maple Group Acquisition Corp has made a hostile offer for TMX worth C$3.6 billion ($3.7 billion). The LSE proposal was not expected to raise any red flags from Canadian competition authorities, unlike the Maple bid.

Navigating toppy markets

I'm watching Canada's Toronto Stock Exchange (TSX) these days, since the exchange is heavily weighted in and materials.

Top TSX miners increase market capitalisation $142 billion in 2010: Ernst & Young

Market capitalisation for miners on the TSX and TSX Venture rose from Can$325 billion in 2009 to $467 billion in 2010, according to a study released by Ernst & Young on Wednesday. The study also found that the mining sector raised $17.7 billion through IPOs and private placements, eclipsing the oil and gas industry which only managed $11.3 billion. The study also found that there were 52 mining initial public offerings on the TSX and TSX Venture that raised more than $1.3 billion.

The sprint to the IFRS finish line

The move to International Financial Reporting Standards (IFRS) is the single-most-important initiative in the financial reporting world — with all major economies having established timelines to adopt these standards in the near future. This means […]