Toronto stocks plummeted at open Tuesday amid a global sell-off after Japan warned of further radiation leaks. The S&P/TSX Composite Index was down 272.12 points or 2.00 percent to 13,347.07. The Energy Index lost close to 4 percent. Pacific Rubiales Energy (PRE.TO) shed nearly 10 percent and Baytex Energy Corp. (BTE.TO) was down over 5 percent. Among base-metals stocks, First Quantum Minerals (FM.TO) surrendered over 6 percent and Teck Resources (TCK_B.TO) moved down close to 4 percent. Base-metals miner Capstone Mining (CS.TO) lost over 7 percent even after it swung to profit in full-year 2010. Uranium miners First Uranium Corp.(FIU.TO) lost over 12 percent and Cameco Corp. (CCO.TO) was down 7 percent. In the gold space, Agnico-Eagle Mines (AEM.TO) was down over 1 percent and Detour Gold (DGC.TO) slipped close to 6 percent. Meanwhile, commercial forest plantation operator Sino-Forest (TRE.TO) edged up 0.60 percent after reporting improved fourth-quarter net income.
Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.
