Canada Stocks Rise, Led by Royal Bank, RIM; Barrick Gold Drops By John Kipphoff April 18 (Bloomberg)

Ecuador Mining Law Aurelian Resources retreated 15 percent to C$6.25. The developer of the Fruta del Norte gold deposit in Ecuador, had its share-price forecast cut to C$10 from C$11 by RBC Capital Markets Michael Curran in Toronto. The analyst said in a note that he removed the ``takeover- based fair value'' from the stock after Ecuador's president said yesterday that the country may suspend some mining activities for 180 days while a new industry law is drafted. Aurelian dropped 14 percent yesterday. Other mining companies active in Ecuador include Corriente Resources Inc. (CTQ CN), whose shares plunged 14 percent today to C$3.97 after sliding 16 percent yesterday.