TSX falls, weighed by Barrick and other gold miners

July 24, 2017

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Canada’s main stock index fell on Monday, as gold miners broadly weighed and Barrick Gold lost nearly 5% after a company it majority owns, Acacia Mining, was hit with a bill for $190-billion in unpaid taxes in Tanzania.
Railway stocks, big banks and pipeline and other energy stocks also put pressure on the index, which unlike most major global stock indices is trading lower than where it ended 2016.

Category: General