Macquarie fined by UK after metals trader books false trades
The firm’s London metals desk was able to book 426 fictitious trades to conceal his losses for almost two years.
Canadian junior Kennady Diamonds Inc. announced Tuesday the plan of arrangement between the company and Mountain Province Diamonds Inc. is now complete, and KDI shares have commenced trading on the TSX Venture under the ticker symbol KDI.
Kennady Diamonds was incorporated under the Business Corporations Act of Ontario in February this year, mainly to acquire MPV’s interest in the Kennady North project, which consists of 13 leases and claims located primarily to the west and north of the Gahcho Kué Project, in the Northwest Territories, Canada.
