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35-664: The company was established as Southern Cross Resources Inc. on January 2, 1997, in Toronto, Canada. It was listed on the Toronto Stock Exchange on August 25, 1997. In 2005, Southern Cross Resources Inc. reverse merged with South African Aflease Gold and Uranium Resources Ltd. under the name SXR Uranium One Inc. After merger, the company received secondary listing on the Johannesburg Stock Exchange . Aflease Gold and Uranium Resources Ltd. became

70-783: A public company . In 2001, the Toronto Stock Exchange acquired the Canadian Venture Exchange, which was renamed the TSX Venture Exchange in 2002; this resulted in the creation of a parent to the TSX, the TSX Group . This ended 123 years of the usage of TSE as a Canadian stock exchange. On May 11, 2007, the S&;P/TSX Composite , the main index of the Toronto Stock Exchange, traded above

105-706: A customer in Italy. More than 3 thousand tons of products were delivered by sea. Through its subsidiaries and joint ventures Uranium One owns Akdala , South Inkai , Karatau , Akbastau and Kharasan uranium mines in Kazakhstan, the conserved Willow Creek uranium mine in the United States, and the Mkuju River uranium project in Tanzania. In Namibia, Uranium One Headspring Pty., a subsidiary of Uranium One,

140-655: A new trading floor and headquarters in an Art Deco building, still on Bay. By 1936, the Toronto Stock Exchange grew to become the third largest in North America. In 1977, it launched the TSE 300 index and introduced the CATS (Computer Assisted Trading System), an automated trading system, and began to use it for the quotation of less liquid equities. In 1983, the TSE vacated its Art Deco headquarters on Bay Street and moved into

175-628: A record number of 331,000 shares changed hands on the TSE, with an overall loss of value of 20% (in Montreal, 525,000 shares and 25% loss). Meanwhile, a British Columbia gold rush in the 1890s stimulated the demand for start-up capital but Montreal and Toronto's exchanges deemed the ventures too risky. The boom was handled with the Toronto Stock and Mining Exchange, founded in 1896 and which merged with its rival Standard Stock and Mining Exchange in 1899. The SSME, after years of ups and downs,

210-861: A rival and hostile bid from the Canadian-based Maple Group took place. The bid was for up to CAD$ 3.7 billion in cash and shares, in the hope of preventing a takeover of TMX by the LSEG Group. The group included leading Canadian banks and financial institutions. In March 2015, a competing exchange, Aequitas Neo, opened for trading, listing 45 issues that were only listed on the TSX. The new exchange aimed to focus on fairness, particularly in relation to what it referred to as "predatory high-frequency trading practices". The exchange planned to list additional TSX-listed securities. On May 27, 2014, TMX Group officially opened financial operations in Canada,

245-1000: A subsidiary of Rosatom, acquired a 16.6 percent stake in Uranium One in exchange for a 50 percent stake in its joint venture with Kazatomprom Karatau. In the same year, Uranium One bought the Shootaring Uranium Mill from the United States Enrichment Corporation . It was sold to Anfield Energy in 2015. Also in 2007, Uranium One acquired Energy Metals Corporation which owned the Hobson uranium processing plant in Texas, and uranium exploration properties located in Wyoming and Texas . The Hobson uranium processing plant and assets in Texas were sold to Uranium Energy Corporation in 2009. In 2009,

280-624: A subsidiary of SXR Uranium One and was renamed Uranium One Africa Ltd. The main uranium asset of Aflease was the Dominion mine . The gold assets of Aflease were divested by 2008 and Uranium One Africa was sold in 2010 to Gupta family . In 2007, Uranium One Inc. acquired UrAsia Energy Ltd. And a 70% stake in the Akdala and South Inkai uranium mines, as well as a 30% stake in the Kyzylkum venture in Kazakhstan. In June 2009, JSC Atomredmetzoloto (ARMZ),

315-559: A trading company Uranium One Trading in Zug , Switzerland . However, in January 2018, trading functions of the company were transferred to Techsnabexport , an export arm of Rosatom. In 2010–2013, Uranium One acquired Mantra Resources, the developer of Mkuju River mine in Tanzania . The Mkuju River project was suspended in 2017 due to the low uranium price. In 2015, Uranium One Australia,

350-535: Is CEO of the LSE Group , would have headed the new enlarged company, while TMX Chief Executive Thomas Kloet would become the new firm president. Based on data from December 30, 2010 the new stock exchange would have been the second largest in the world with a market cap 48% greater than the Nasdaq . Eight of the 15 board members of the combined entity were to be appointed by LSE, 7/15 by TMX. The provisional name for

385-454: Is a participant in six joint uranium mines with NAC Kazatomprom, the national nuclear corporation of Kazakhstan: Akdala, South Inkai, Karatau, Akbastau, Zarechnoye and Kharasan. Toronto Stock Exchange The Toronto Stock Exchange ( TSX ; French : Bourse de Toronto ) is a stock exchange located in Toronto , Ontario , Canada. It is the 10th largest exchange in the world and

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420-592: Is conducting exploration work. Exploration and pilot works are planned until 2027. In 2020, Uranium One sold 11.8 million pounds (5,400 t) of triuranium octoxide (U 3 O 8 ). Uranium One is considering lithium mining projects in Chile, Argentina, and Bolivia. In 2020, Uranium One started to supply wood pellets produced in Russia. In June 2023, Bolivia signed an agreement with Rosatom through its Uranium One Group to develop its lithium reserves, which are

455-474: Is home to all of Canada's Big Five commercial banks— Canadian Imperial Bank of Commerce (CIBC), Bank of Montreal (BMO), Bank of Nova Scotia (Scotiabank), Royal Bank of Canada (RBC), and the Toronto-Dominion Bank (TD)—making the exchange the centre for banking in the country. This was seen as being most evident during the proposed mergers of Royal Bank with Bank of Montreal, and CIBC with

490-707: Is however known that on October 25, 1861, twenty-four brokers gathered at the Masonic Hall to create and participate in the Toronto Stock Exchange . Between 1852 and 1870, two other distinct, commodity-orientated, exchanges were founded : the Toronto Exchange in 1854 and the Toronto Stock and Mining Exchange in 1868. Initially the TSE had 13 listings but it grew to 18 in 1868 (a majority of bonds and bank's issues). Many banks of Upper Canada failed during 1869, which halted any sort of trading in

525-570: Is wholly owned by Uranium One Group. Uranium One Group is owned by Rosatom direct subsidiaries Atomenergoprom (71.084%) and ARMZ (28.916%). Uranium One Group is managed by Techsnabexport. A conspiracy theory launched during the 2016 presidential election campaign accused Bill Clinton , the Clinton Foundation , Hillary Clinton , the Obama administration , high level officials in Russia ,

560-627: The Exchange Tower . The old TSE building later became the Design Exchange , a museum and education centre. On April 23, 1997, the TSE's trading floor closed, making it the second-largest stock exchange in North America to choose a floorless, electronic (or virtual trading) environment. In 1999, through a major realignment plan, Toronto Stock Exchange became Canada's sole exchange for the trading of senior equities . The Bourse de Montréal /Montreal Exchange assumed responsibility for

595-560: The Rosatom subsidiary ARMZ acquired 16.6% of shares in Uranium One in exchange for a 50% interest in the Karatau uranium mining project, a joint venture with Kazatomprom . In 2010, Uranium One acquired 50% and 49% respective interests in southern Kazakhstan-based Akbastau and Zarechnoye uranium mines from ARMZ. In exchange, ARMZ increased its stake in Uranium One to 51%. In 2010, Uranium One acquired Irigaray uranium processing plant,

630-663: The State Department , Uranium One, and the FBI of allegedly compromising national-security interests, bribery, and suppressing evidence. All parties have denied the accusations, and no evidence of wrongdoing has been found after five years of allegations, an FBI investigation, a House Intelligence Committee inquiry, and the 2017 appointment by the Justice Department of the U.S. Attorney in Utah, John Huber, to evaluate

665-508: The Wall Street Crash of 1929 , Toronto's exchange was better connected to New York's and received the bad news before Montreal's (prior to 1931, exchanges communicated via telephone or by brokers' private wires, as they were not yet interconnected by ticker ). By the afternoon, its three most popular stocks were down by at least 8%: International Nickel , Hiram Walker & Sons and Brazilian Light & Power . The following day,

700-574: The 14,000 point level for the first time ever. On December 17, 2008, for the first time in TSX history, the exchange was closed for an entire trading day due to a technical glitch. On February 9, 2011, the London Stock Exchange announced that it had agreed to merge with the TMX Group , Toronto Stock Exchange's parent, hoping to create a combined entity with a market capitalization of $ 5.9 trillion (£3.7 trillion). Xavier Rolet , who

735-605: The Christensen Ranch satellite uranium processing facility and associated uranium exploration properties in the Powder River Basin in Wyoming from the joint venture of AREVA and Électricité de France . In December 2010, ARMZ increased its stake in Uranium One to 51.4%. At the time of the 2010 sale, the U.S. Nuclear Regulatory Commission estimated that Uranium One held the rights to approximately 20% of

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770-538: The FBI investigation. Huber's inquiry ended in January 2019 without any findings of consequence. Uranium exploration and mining Uranium One is engaged in natural uranium mining, exploration and development of uranium deposits in Kazakhstan, the United States, Tanzania, and Namibia. The company produces about 4,6 thousand tons of natural uranium per year. Uranium One supplies natural uranium to energy companies in Europe, North America, and Asia. Kazakhstan Uranium One

805-420: The Toronto Stock Exchange had 1,811 listed issuers (including ETFs and other structured financial products) with a combined market capitalization of CAD $ 4.16 trillion. Up from 1,798 listed issuers and a combined market capitalization of CAD $ 4.0 trillion as of March 2023. By the end of January 2024, the total market capitalization of companies listed on TSX & TSXV reached CAD $ 4.23 trillion. The exchange

840-484: The Toronto-Dominion Bank in 1998. Then-Finance Minister Paul Martin blocked the mergers to preserve competition. The exchange is the primary listing for a number of energy companies including; Enbridge , Suncor , TC Energy , Canadian Natural Resources , Imperial Oil , Pembina and Cenovus all within the S&P/TSX 60 index. Many of the large companies listed on the TSX, especially those on

875-618: The United States, the United Kingdom and Australia under the name TSX Financial.. The exchange has a normal trading session from 09:30am to 04:00pm ET and a post-market session from 4:15pm to 5:00pm ET on all days of the week except Saturdays, Sundays and holidays declared by the Exchange in advance. 0–9 - A - B - C - D - E - F - G - H - I - J - K - L - M - N - O - P - Q - R - S - T - U - V - W - X - Y - Z As of January 2024,

910-524: The city as the market was just too small. A bull market in 1870 boosted investor's confidence and eight of the original 24 brokers joined again to re-establish the TSE. The exchange was incorporated by an act of the Legislative Assembly of Ontario in 1878. The TSE grew continuously in size and in shares traded, save for a three-month period in 1914 when the exchange was shut down for fear of financial panic due to World War I . The day of

945-491: The combined group would be LTMX Group plc. About two weeks after Maple Group launched a competing bid the LSEG-TMX deal was terminated after failing to receive the minimum 67% voter approval from shareholders of TMX Group. The rejection came amidst new concerns raised by Bank of Canada governor Mark Carney regarding foreign control of clearing systems and opposition to the deal by Ontario's finance minister. On June 13, 2011,

980-480: The end of 2019, Uranium One's mineral resource base is estimated at 512.7 thousand tons. Uranium production for the year amounted to 4,6 tonnes. In 2019, Uranium One's operations were transferred to TENEX (a global brand of TENEX). In the reporting year, the mineral resource base of Uranium One's enterprises according to international reporting standards was 192 thousand tons (197.1 thousand tons in 2018). In 2020, Uranium One made its first shipment of wood pellets to

1015-529: The largest in the world. Uranium One will invest $ 600 million in the project and conduct the feasibility and pre-investment studies. Uranium One Inc. is an indirect subsidiary of the Russian state-owned nuclear corporation Rosatom . It is directly owned by the Amsterdam -based Uranium One Holding N.V. (89.07%) and Moscow-based Uranium One Group (former name: Uranium Mining Company; 10.93%). Uranium One Holding

1050-431: The licensed uranium ore production capacity in the United States which in its entirety amounted to 0.2% of the world's uranium production. By 2017 additional mining licenses had been issued to other operators, shrinking Uranium One's share of U.S. production capacity to approximately 10%. ARMZ took complete control of Uranium One in January 2013 by buying all shares it did not already own. In October 2013, Uranium One Inc.

1085-545: The owner of the Uranium One's Australian operations, including the Honeymoon Uranium Project , was sold to Boss Resources. In August 2018, Uranium One closed its Willow Creek mine in Wyoming. In 2017, Uranium One Trading A. started its trading company. G in Zug, Switzerland. The company aims to increase its share in the international market by carrying out spot and medium-term trading in natural uranium. At

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1120-527: The third largest in North America based on market capitalization . Based in the EY Tower in Toronto's Financial District , the TSX is a wholly owned subsidiary of the TMX Group for the trading of senior equities. The Toronto Stock Exchange likely descended from the Association of Brokers, a group formed by Toronto businessmen on July 26, 1852. No records of the group's transactions have survived. It

1155-652: The trading of derivatives and the Vancouver Stock Exchange and Alberta Stock Exchange merged to form the Canadian Venture Exchange (CDNX) handling trading in junior equities. The Canadian Dealing Network, Winnipeg Stock Exchange , and equities portion of the Montreal Exchange later merged with CDNX. In 2000, the Toronto Stock Exchange became a for-profit company. In 2002 its acronym was rebranded to TSX and it became

1190-455: Was amalgamated into the Toronto Stock Exchange in 1934. While a durable surge in mining trading was recorded in Toronto (either securities ) or other publicly listed assets, in Montreal the volume of the equity -centric market was going down. Toronto found itself a reputation as a financial centre for mining and from 1934, the total trading volume on the TSE surpassed that of Montreal's. The TSE moved on Bay Street in 1913 and in 1937 opened

1225-547: Was delisted from the Toronto and Johannesburg exchanges and became a wholly owned indirect subsidiary of Rosatom. From 2012 to 2014, an unspecified amount of Uranium was reportedly exported to Canada via a Kentucky-based trucking firm with an existing export license; most of the processed uranium was returned to the U.S., with approximately 25% going to Western Europe and Japan. In 2015, Uranium One relocated certain head office functions such as finance, internal audit and some technical services to Moscow. In 2017, Uranium One established

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