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Centerra Gold shares slump on weak earnings

Centerra Gold Inc. (CG.TO) shares fell 6% today after the company reported a net loss of US$14 million or six cents per share compared with a profit of US$136 million or 58 cents per share a year ago.

US job growth ripples to Chinese copper and ore

Nothing is so salutary for the Chinese economy as growth in the United States, and nothing is so good for copper and iron ore prices as a strong Chinese economy. The recent drop in the U.S. jobless rate rippled across the world to these metals, and their exchange traded funds gained as a result.

Canadian Zinc Raises $2.5 Million for Exploration Expenses

Canadian Zinc Corporation (CZN.TO) edged up almost 2% to 69 cents from yesterday's 68 close, trading just 3 cents above 20-day SMA, after announcing today that it has closed its previously announced private placement of over 3 million flow-through common shares at a price of $0.75 per share for gross proceeds of $2.5 million.
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Market Chatter: Oil India Eyes Stake in ConocoPhillips’ Canada Oil Sands

State-run explorer Oil India is looking at buying stake in ConocoPhillips' (COP.N) oil sand assets in Canada, as well as the Gabon assets of France's Maurel et Prom, Finance Director T.K. Ananth Kumar said on Monday.