Toronto Stock Exchange (12,312.67 up 92.47 points):
Kinross Gold Corp. (TSX:K). Miner. Down seven cents, or 1.26 per cent, at $5.49 on 6.4 million shares. The company says it is going ahead with feasibility study aimed at a $2.7-billion expansion of its Tasiast open pit gold mine operation in Mauritania. Kinross says based on a pre-feasibility study, it is now considering a 38,000-tonne per day mill at the mine, up from a 30,000-tonne facility under consideration earlier. The gold sector was up about one per cent as the June bullion contract in New York rose $13.80 to US$1,467.40 an ounce amid a U.S. dollar that weakened ahead of a two-day meeting on interest rates by the U.S. Federal Reserve.
BlackBerry Inc. (TSX:BB). Wireless communications. Up 53 cents, or 3.48 per cent, at $15.78 on 4.8 million shares. RBC Capital raised its estimate for shipments of BlackBerry 10 devices in the May quarter to 2.75 million from two million. Analyst Mark Sue cited early signs of "pent-up demand for the new Q10," a new smartphone which features a keyboard.
Capstone Mining Corp. (TSX:CS). Miner. Down seven cents, or 3.38 per cent, at $2 on 4.7 million shares.
TORC Oil & Gas Ltd. (TSX:TOG). Oil and gas. Up one cent, or 0.56 per cent, at $1.78 on 3.9 million shares. The energy sector climbed almost one per cent with the June crude contract on the New York Mercantile Exchange ahead $1.50 to US$94.50 a barrel.
Barrick Gold Corp. (TSX: ABX). Miner. Up 69 cents, or 3.67 per cent, at $19.50 on 3.2 million shares.
Yamana Gold Inc. (TSX:YRI). Miner. Down six cents, or 0.49 per cent, at $12.17 on 3.1 million shares.
Toronto Venture Exchange (964.93 down 0.29 of a point):
Colorado Resources Ltd. (TSXV:CXO). Miner. Unchanged at 65 cents on 6.4 million shares.
Petrodorado Energy Ltd. (TSXV:PDQ). Oil and gas. Down 3.5 cents, or 23.33 per cent, at 11.5 cents on 4.6 million shares.
Companies reporting major news:
Bank of Montreal (TSX:BMO). Down 61 cents, or 0.96 per cent, at $62.69 on 1.4 million shares. The bank is launching a plan to open 10 to 15 tiny branches that will be staffed by just a handful of employees. Chief executive William Downe says the bank is opening what it calls a "studio" branch next week in a Montreal condo building.
Canam Group Inc. (TSX:CAM). Steel construction producer. Up 27 cents, or 2.85 per cent, at $9.75 on 394,259 shares. The company said Monday it has signed a deal to buy the steel joist fabrication assets of Quincy Joist Co., a subsidiary of Schuff International Inc. Terms of the deal were not immediately available.
Tembec Inc. (TSX:TMB). Forest products. Down 10 cents, or 2.89 per cent, at $3.36 on 425,080 shares. The cost of its "game-changing" upgrade at its specialty cellulose mill has grown by 24 per cent despite securing more favourable construction bids. The forest product company has selected a larger, more efficient boiler than originally planned for its mill in Temiscaming, Que., which has raised the project's price tag to $235 million. It reported a first-quarter loss of $26 million or 26 cents per share, compared to a loss of $14 million or 14 cents per share in 2012.