Majors fight to maintain dividends
VANCOUVER — It’s been a delicate balancing act for miners over the past few years trying to return money to shareholders while keeping a consistent growth profile.
Stock Markets/Investing
TSX gains momentum, Feb. 9-13
The Toronto stock market gained on the back of positive economic growth in Europe and better-than-expected data from Canadian manufacturers.
U.S. stocks show strength, Feb. 2-6
U.S. equities got off to a good start in February, helped by a positive jobs report and higher oil prices. The S&P 500 Index rose 60.48 points, or 3%, to 2,055.47, while the Dow Jones Industrial Average soared 659.34 points, or 3.8%, to…
TSX rises despite uncertainties, Feb. 2-6
Cautious optimism about oil prices that lifted some energy stocks, coupled with decent job numbers showing employment in Canada increased by 35,000 in January (the result of more part-time work), drove the S&P/TSX Composite Index higher by…
TSX Venture on the rise, Feb. 2-6
The S&P/TSX Venture Composite Index rallied 16.63 points, or 2.5% to 693.44 during the period, as crude oil futures showed signs of life and copper prices improved. The U.S. government reported that the private sector created 213,000 jobs…
TSX and TSX Venture warrants
The following are the warrants of mining-related companies now trading on the Toronto Stock Exchange and TSX Venture Exchange:
Short Position Report
Short positions outstanding at Jan.31/15 (with changes from Jan.15/15).
Goldcorp’s Jeannes at Roundup 2015: Gold’s comeback is underway
VANCOUVER — When Goldcorp (TSX: G; NYSE: GG) president and CEO Chuck Jeannes talked about gold in a keynote speech at the Association for Mineral Exploration BC’s annual Roundup conference, people naturally perked up their…
U.S. markets feel the chill, Jan. 26-30
The final week of January was a mixed bag. On the bright side for resource investors, gold and oil prices climbed to US$1,283.10 per oz. and US$52.99 a barrel, respectively, while U.S. consumer spending also improved, rising 4.3% in the fourth…
Rio Tinto’s McIntosh: ‘Exploration in our DNA’
VANCOUVER — There’s likely not an exploration manager with a bigger technical team or budget than Rio Tinto’s (NYSE: RIO; LSE: RIO) Stephen McIntosh, who serves as the mega miner’s global head of exploration and has…
TSX dips on poor GDP growth, Jan. 26-30
The Toronto stock market slipped in the wake of poor economic data and a weakening Canadian dollar. The benchmark S&P/TSX Composite Index declined 105.87 points to 14,673.48 as Statistics Canada said real gross domestic product in November…
TSX Venture trades flat, Jan. 26-30
The S&P TSX Venture Composite Index rallied late in the week to close relatively flat during the Jan. 26-30 trading sessions, as it lost around 0.2% before finishing at 676.81 points. Mining and energy stocks trended upward despite…