Freeport agrees to buy 51% of TDG Gold's Aurora West projectUpdated Nov 13, 2026 7:02am ET Markets: The S&P/TSX Composite finished yesterday at 36,137.19, down 274.53 points or 0.75%, the S&P 500 at 7,592.40, down 26.98 points or 0.35%, and the Nasdaq Composite at 25,366.09, down 100.10 points or 0.39%. Nvidia, at the centre of the AI boom, tumbled after chief executive Jensen Huang stepped down. Oil rose more than 3% yesterday after Trump's remarks weakened hopes of an Iran deal. In overnight trading, oil was at US$88.43, down 0.31 or 0.35%, gold at US$3,893.7, up 8.4 or 0.22%, and silver at US$49.855, down 0.210 or 0.42%. The Canadian dollar traded at US$0.70094, down 0.07%, early today. Bitcoin futures were at 69,255, down 2,250 or 3.15%. The S&P/TSX Venture Composite finished yesterday at 802.78, down 14.24 points or 1.74%, and the CSE Composite at 130.43, down 3.43 points or 2.56%. Stellantis: Ottawa notified Stellantis that it is in default on the funding deal tied to retooling the Brampton plant, after the automaker agreed to sell the site to Roshel, an armoured vehicle maker. Minister Joly said she was fed up following a meeting with the company. The plant was idled in 2023, with about 3,000 workers laid off. Lobby records show senior staff in Joly's office and a top aide in Mark Carney's office met Roshel before the sale was announced. TDG Gold: Freeport-McMoRan Mineral Properties Canada is to pay C$110m in cash, equal to $77.1m, for 51% of the Aurora West project owned by TDG Gold in Canada. The purchase would give the buyer majority ownership of the asset. TDG was among the most active names on the TSX Venture, with its shares trading heavily. Microsoft outage: A Microsoft outage hitting Outlook and Teams ran on for hours, disrupting companies and some government operations from Asia to the US. Microsoft said a cyber-security incident was not behind it, but repair efforts were largely unsuccessful early on. Servers brought back online faltered a second time as traffic returned, and Microsoft rerouted load before a wider patch rollout. More than 130,000 users reported problems. Deepfake network: Researchers at McGill University linked more than 3,000 AI-generated videos to a single deepfake network, which drew over 20 million views in three months. According to the study, the videos used influencers' faces to push claims about the trade war and an Alberta referendum. A separate report says the network is likely based outside Canada and aims politically divisive content at Canadians. Atlas Energy: Atlas Energy, a Calgary company on the TSX Venture, put out its third-quarter 2026 results. The company said the highlights were that it closed its first royalty acquisition and that royalty revenue has begun. Its report covers the three months of the quarter and the first nine months of the year. WELLSTAR Technologies: WELLSTAR Technologies, a Canadian healthcare technology provider listed on the TSX Venture, posted its first quarterly results as a public company. Haywood Securities analyst Gianluca Tucci said revenue and earnings exceeded expectations, which strengthened his outlook on the company. Market data
Index levels are Thursday's close, the previous session. Commodities and currencies are overnight trading. Nov 13, 2026 7:00am ET TSX Venture most active
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Nov 12, 2026 4:44pm ET Written by AI based upon public market data and company news releases, and checked automatically before publishing. Company statements are reported as the companies made them. Not investment advice. |
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