Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (16,074.30, up 0.72 of a point) Aurora Cannabis Inc. (TSX:ACB). Healthcare. Up 32 cents, or 4.98 per cent, to $6.74 on 20.3 million shares. The Alberta-based cannabis producer has signed a deal to acquire greenhouse design firm Larssen Ltd. Aurora says it intends to use its ownership of Larssen to pressure other... Read More

Federal agency dismisses complaint against Seabridge gold project

Federal agency dismisses complaint against Seabridge gold project
TORONTO — Seabridge Gold Inc. (TSX:SEA) says a federal agency has dismissed a complaint by Alaskan conservationists against the company’s massive KSM mining project in northern British Columbia. The Southeast Alaska Conservation Council had appealed to Canada’s National Contact Point within Global Affairs Canada to look into whether the company had violated international guidelines on consultations with stakeholders, due diligence on environmental and human rights impacts, and disclosure... Read More

Teck outlines plan to spend nearly $500 million on dividends, stock buybacks

Teck outlines plan to spend nearly $500 million on dividends, stock buybacks
VANCOUVER — Teck Resources (TSX:TECK.B) has announced plans to issue a special dividend to its shareholders, in addition to its regular dividend, and increase its share buyback program by $230 million. The diversified mining company, based in Vancouver, says the two measures are being taken because of Teck’s strong cash position. Its shareholders of record as of Dec. 15 will receive... Read More

Resource stock provide lift to Toronto stock index, American counterparts down

Resource stock provide lift to Toronto stock index, American counterparts down
TORONTO — Mining and energy stocks are contributing to a moderate gain this morning at the Toronto Stock Exchange. The S&P/TSX composite index was up 42.12 points to 15,977.49, after 90 minutes of trading. Teck Resources and EnCana Corp. had some of the biggest advances, up four per cent and two per cent respectively. In New York, the Dow Jones industrial average was down 72.88 points to 23,385.48.... Read More

Champion Iron’s Bloom Lake mine set to reopen in March with 450 workers

Champion Iron’s Bloom Lake mine set to reopen in March with 450 workers
MONTREAL — Champion Iron Ltd. is restarting production in March at its Bloom Lake iron mine in Quebec’s Labrador Trough, three years after it was shuttered when its previous owner sought creditor protection. Some 450 workers will be on site around Christmas at the facility near Fermont, Que. About 250 of the total workforce has already been hired to get the mine ready for a... Read More

Layoffs coming: Premier says Saskatchewan looking for more uranium markets

Layoffs coming: Premier says Saskatchewan looking for more uranium markets
REGINA — Premier Brad Wall says Saskatchewan will keep trying to open up markets for uranium in India and China in light of coming industry layoffs in the province’s north. Cameco (TSX:CCO) said on Wednesday that it will temporarily suspend operations at its McArthur River mine and Key Lake milling operation by the end of January because of low uranium prices. About 845 workers... Read More

Finning International reports third-quarter profit and revenue up from year ago

Finning International reports third-quarter profit and revenue up from year ago
VANCOUVER — Finning International Inc. says it earned $52 million in its latest quarter, up from $36 million a year ago, as revenue improved 16 per cent. The heavy equipment dealer (TSX:FTT) says the profit amounted to 31 cents per share, up from 22 cents per share in the same quarter last year. Revenue totalled $1.55 billion, up from $1.33... Read More

Resource sectors push Toronto stock index up, U.S. stock markets higher

Resource sectors push Toronto stock index up, U.S. stock markets higher
TORONTO — The energy and materials sectors helped Canada’s main stock index move higher in late-morning trading, as oil, gold and copper prices moved up. The S&P/TSX composite index was up 70.17 points to 16,090.33, after 90 minutes of trading. In New York, the Dow Jones industrial average was up 3.24 points to 23,542.43. The S&P 500 index was up 1.37... Read More