Welcome to the Crystallex HUB on AGORACOM

Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

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And in other news...

posted on Feb 07, 2011 01:17PM

Canadian Shares Rise to 30-Month High; Miners Lead Rally as Metals Prices Gain

BY Midnight Trader
— 12:58 PM ET 02/07/2011

12:58 PM Eastern Standard Time, 02/07/2011 (MidnightTrader) -- Canadian stocks reach a 30-month high, helped by gains in metals prices. Copper hit a new record on concerns about supply, especially from top producer Chile. On the economic front, Statistics Canada says the value of Canadian building permits increased 2.4% to $5.7 billion in December, following two consecutive months of declines. In company news, Crystallex International (KRY


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) slides after it said that a state-owned Venezuelan company unilaterally decided to end their contract on Las Cristinas project, its largest asset. Manulife (MFC) gains on a new neutral rating from Macquarie Group Ltd. Bank of Montreal (BMO


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) firms on an upgrade to buy from hold at Canaccord Genuity. The S&P/TSX index was last up 0.4% at 13,846.80.