U.S. equities ended the trading week in positive territory, lifted by strong jobs data. The Labor Department reported that U.S. employers created 175,000 jobs in February, above the expected 149,000 positions.
Toronto-based Moneta Porcupine Mines (TSX: ME; OTC: MPUCF) is up on strong assays from a hole drilled outside of the current resource at its 100% owned Golden Highway gold project in Timmins, Ont.
Short positions outstanding at Feb. 28/14 (with changes from Feb. 15/14).
After a three-year decline, phosphate fertilizer prices are rising again. Prices for diammonium phosphate, the most commonly used fertilizer, have increased by 20% since bottoming last November, while prices for triple super phosphate have…
After ascending for almost three weeks, the S&P/TSX Venture Composite Index treaded water over the trading period, ending the week up 3.71 points at 1,025.37. Trading activity remained strong, with an average of 77.9 million shares trading…
VANCOUVER — What a difference a deal can make.
Chairman and CEO Patrick Buffet of French nickel and manganese producer Eramet is calling Indonesia’s recent ban on the export of unprocessed nickel ores “a positive step towards restoring market balance,” after the…
VANCOUVER — With three new funding sources arranged, Imperial Metals (TSX: III; US-OTC: IPMLF) can see the finish line at Red Chris, the under-construction copper–gold project in northwest B.C. that will be Imperial’s fourth…
The firm denial by the federal government on environmental grounds of Taseko Mines’ proposed New Prosperity open-pit gold–copper mine near Williams Lake, B.C., wasn’t a surprise to many in the market, as evidenced by most…
The U.S. equity market keeps defying experts’ warning of a correction, with the Dow Jones Industrial Average up 219 points to 16,321.71, the S&P 500 up 23 points to 1,859.45 and the Nasdaq up 35 points to 4,308.12 for the period.
The S&P/TSX Composite Index dipped nearly 4 points to 14,209.59 during the trading week. Both the gold and diversified miners edged down. The S&P/TSX Capped Diversified Metals & Mining Index dropped 2.28 points to 835.14, while the…
Given some of the enormous gold sales on Comex last year, I was curious what it would take to mine that much ore.
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