Vancouver – The shortened first week of trading in the New Year saw the S&P TSX Venture Exchange experience a slight hangover after the holiday rally, down 62.46 points between January 4 and 7 to end the period at 2225.39 points.
The resource-heavy TSX closed out its first week of the New Year for a loss as commodity prices pulled back from record territory on generally positive U.S. economic news that sent gold into a tailspin. However, by the end of the week, stocks…
The first trading week of the New Year saw the Dow Jones Industrial Average edge up 97.25 points or 0.8% to 11,674.76 while the S&P 500 index rose 13.86 points or 1.1% to 1,271.50. The Nasdaq Composite was up 50.3 points or 1.9% to…
Investors shrugged off the tendency to sell at the close of the year causing the TSX Composite index to rise from 13,231.49 points to 13,443.22 for the Dec. 20-31 period. Perhaps investors were emboldened by year-end figures on the Canadian…
Australia (A$) Aug 24 Aug 17 ChangeAquila Resources 8.3 8.69 -0.39Bendigo Mining 0.18 …
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)Date Jan 3 Dec 31 Dec 30 Dec 29 Dec 28US$ in C$ N/A …
More significant results from the drill at the Ogden gold project in Timmins, Ont., had Metals Creek Resources (mek-v) climbing higher. The results came out of the company’s ongoing 2,500-metre drill program and included a highlight intercept…
With vanadium demand increasing for new battery technologies, London’s Objective Capital Research says Energizer Resources (egz-v) and its Green Giant vanadium project in Madagascar is undervalued.Objective Capital, which states in its 40-page…
Vancouver – Metal prices can make or break a project, and in the case of Minera Andes’ (mai-t) Los Azules copper project in Argentina, a stronger copper price has dramatically increased the potential mine’s value.An updated preliminary economic…
An updated estimate has increased the copper-silver resource at the Ghanzi project in Botswana by more than 40% for Hana Mining (hmg-v), providing a solid foundation for a preliminary economic assessment (PEA) due out in February.The new…
After starting nickel production last April at the Tim King open-pit mine, part of Western Areas’ (wsa-t, wsa-a) Spotted Quoll deposit about 400 km east of Perth, the company has decided to mine underground, too. The nickel sulphide explorer…
Just days before Christmas, NovaGold Resources (ng-t, ng-x) has surprised Copper Canyon Resources (cpy-v) by announcing plans to make an unsolicited takeover bid for the company and its 40% interest in the Copper Canyon copper-gold project in…
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