18/02/14Tinka Resources rallies on zinc grades from Ayawilca project
08/01/13Tinka Resources shares rise on latest zinc drill results from Ayawilca project
Recent Sector News
Canadian shares advanced as gains in mining companies including Potash Corp of Saskatchewan and Teck Resources outstripped weakness in gold stocks and a dip in Domtar Corp. following its worse-than-forecast earnings. The Standard & Poor’s/TSX Composite Index (TSE:OSPTX) inched up 0.1 percent to 15,407.74 at 12:43 p.m. in Toronto. Three shares advanced for every two stocks that declined as 8 out of the 10 main groups rose.
Potash Corp of Sasktachewan (NYSE:POT) (TSE:POT) reported on Thursday a substantially lower second quarter net profit on reduced potash prices, but earnings still surpassed the company's top end of its guidance range due to better-than-expected performance in its potash and nitrogen businesses. The Canadian fertilizer giant also lifted its earnings forecast for the year based on an improved global demand environment, it said.
Freeport-McMoRan (NYSE:FCX) reported second quarter net profit that was steady year-over-year but adjusted earnings came in above expectations as it saw higher production in most operating areas, despite declining prices for its metals, special charges and lower output from Indonesia during the period.
With an impressive near to medium term growth trajectory, HudBay Minerals (TSE:HBM) is a company to watch out for, according to Scotia Capital analysts, who resumed coverage of the miner following the closing of its acquisition of Augusta Resource.
Century Iron Mines (TSE:FER) has now started the bankable feasibility study on its Joyce Lake direct shipping ore (DSO) iron project, the company said Tuesday, which is expected to wrap up during the first quarter of next year.
Shares of Largo Resources (CVE:LGO) hit a new 52-week high on Monday, with the company just days away from first production at its Maracas vanadium project in Brazil. Investors were eager for the event, pushing up shares to a new annual record of 34 cents, up more than 6 percent.
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