Skip to main content
The Globe and Mail
Support Quality Journalism.
The Globe and Mail
First Access to Latest
Investment News
Collection of curated
e-books and guides
Inform your decisions via
Globe Investor Tools
Just$1.99
per week
for first 24 weeks

Enjoy unlimited digital access
Enjoy Unlimited Digital Access
Get full access to globeandmail.com
Just $1.99 per week for the first 24 weeks
Just $1.99 per week for the first 24 weeks
var select={root:".js-sub-pencil",control:".js-sub-pencil-control",open:"o-sub-pencil--open",closed:"o-sub-pencil--closed"},dom={},allowExpand=!0;function pencilInit(o){var e=arguments.length>1&&void 0!==arguments[1]&&arguments[1];select.root=o,dom.root=document.querySelector(select.root),dom.root&&(dom.control=document.querySelector(select.control),dom.control.addEventListener("click",onToggleClicked),setPanelState(e),window.addEventListener("scroll",onWindowScroll),dom.root.removeAttribute("hidden"))}function isPanelOpen(){return dom.root.classList.contains(select.open)}function setPanelState(o){dom.root.classList[o?"add":"remove"](select.open),dom.root.classList[o?"remove":"add"](select.closed),dom.control.setAttribute("aria-expanded",o)}function onToggleClicked(){var l=!isPanelOpen();setPanelState(l)}function onWindowScroll(){window.requestAnimationFrame(function() {var l=isPanelOpen(),n=0===(document.body.scrollTop||document.documentElement.scrollTop);n||l||!allowExpand?n&&l&&(allowExpand=!0,setPanelState(!1)):(allowExpand=!1,setPanelState(!0))});}pencilInit(".js-sub-pencil",!1); // via darwin-bg var slideIndex = 0; carousel(); function carousel() { var i; var x = document.getElementsByClassName("subs_valueprop"); for (i = 0; i < x.length; i++) { x[i].style.display = "none"; } slideIndex++; if (slideIndex> x.length) { slideIndex = 1; } x[slideIndex - 1].style.display = "block"; setTimeout(carousel, 2500); } //

A worker oversees gold smelting operations. The market is now paying about $180 (U.S.) an ounce of reserves to purchase assets – only a little more than half what it was paying in 2011.

Mathieu Dupuis

Inside the Market's roundup of some of the Canadian small caps making news and on the move today. This post will be updated through the morning.

Endeavour Mining Corp. has announced that it has achieved approximately 83 per cent of its full year 2014 production guidance of 400,000 to 440,000 ounces after nine months of operations. On a year-to-date basis, Endeavour's Agbaou, Nzema and Youga mines are all ahead of the mid-point of the production guidance ranges for each mine.

-

Story continues below advertisement

Slate Retail REIT said that it has entered into a binding agreement to purchase Stadium Center, a 92,365-square foot grocery-anchored shopping center located in Port Huron, Michigan for $5.3 million (U.S.), or $58 per square foot.

-

Lara Exploration Ltd.  has agreed with partner Kiwanda Mines LLC to sell the rights and options held under their phosphate alliance and coal alliance, to Australian Securities Exchange-listed Phillips River Mining Limited.

-

Cosigo Resources Ltd. announced the initiation of a strategic review process that will include the formation of an independent committee of the board for identifying, evaluating and recommending strategic options for the future of the company and its stakeholders.

"The decision follows recent discussions with a dissident shareholder, which yesterday circulated a broadcast email to all shareholders soliciting support for a change of management and raising concerns about a proposed financial advisory services engagement currently under consideration by the board," the company said in a statement.

-

Story continues below advertisement

Struggling Sears Canada Inc., whose U.S. owner plans to unload most of its stake in it in a rights offering, is getting a temporary new boss. Sears Canada said Ronald Boire is becoming acting chief executive officer, effective immediately. Previously he was chief merchandising officer at U.S. parent Sears Holdings Corp. as well as president of its two key retail divisions, Sears and Kmart Corp.

-

The Cash Store Financial Services Inc. said it is seeking court approval of a proposal "aimed at preserving company resources, while meeting its obligations to comply with a document production demand by the Alberta Securities Commission related to an investigation by the ASC."

-

Kootenay Silver Inc. has announced a substantial new silver discovery at its La Negra Diatreme Breccia property near Sonora, Mexico.

"Based on its ideal proximity and its distinct geological characteristics, La Negra exhibits excellent potential to evolve into a substantial, low-cost, near surface silver resource," said Kootenay president and CEO James McDonald, in a statement.

Report an error Editorial code of conduct
Tickers mentioned in this story
Due to technical reasons, we have temporarily removed commenting from our articles. We hope to have this fixed soon. Thank you for your patience. If you are looking to give feedback on our new site, please send it along to feedback@globeandmail.com. If you want to write a letter to the editor, please forward to letters@globeandmail.com.

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff.

We aim to create a safe and valuable space for discussion and debate. That means:

  • Treat others as you wish to be treated
  • Criticize ideas, not people
  • Stay on topic
  • Avoid the use of toxic and offensive language
  • Flag bad behaviour

If you do not see your comment posted immediately, it is being reviewed by the moderation team and may appear shortly, generally within an hour.

We aim to have all comments reviewed in a timely manner.

Comments that violate our community guidelines will not be posted.

Read our community guidelines here

Discussion loading ...

To view this site properly, enable cookies in your browser. Read our privacy policy to learn more.
How to enable cookies