Loonie headed to 75 cents by autumn:BMO
Canadians can expect the value of the loonie to drop even further this summer, reaching US$0.75 — or perhaps even lower — according to economists at BMO.
Latest Stories
Underground gold miner limits production after pollution violation
Banks Island Gold accused of pollution spills
The nickel price can only go up
This trailblazing company is ahead of the game in the fastest growing region in the world.
Yancoal Canada vets new potash mine proposal
The 2.8-million tonnes per year greenfield facility would mine the potash using the solution method.
Can India come to gold’s rescue?
“The enquiries among the consumers, mostly women, are increasing."
Caterpillar CEO says more restructurings are likely
Strong greenback is another drag.
Teck credit rating at risk due to poor commodity price
Teck Resources Ltd. (TSX:TCK.B)(NYSE:TCK) reported increased profit in 2015’s second quarter but as commodity prices slide, the company sees a greater risk of its credit rating being demoted from investment-grade.
Gold miners nearing rebound
As we pen this on Thursday evening it appears Friday could be a nasty day if Gold breaks below $1080/oz. Nevertheless, the odds now favor a rebound in the weeks ahead and especially in the gold miners.
Anglo American to axe 53,000 jobs, put 15 assets up for sale
“It is a pretty tough market,” said Chief Executive Mark Cutifani, “and in all likelihood the next six months are going to be even tougher.”