Kennady Diamonds’ (TSXV: KDI; US-OTC: KDIAF) high-flying stock lost almost a third of its value in a single day on disappointing grades from a mini-bulk sample at its Kennady North diamond project in the Northwest Territories.
Canada’s main stock index posted its fifth straight weekly decline despite a positive jobs report in the U.S., weighed down by concerns including whether the central government in Beijing would move against pro-democracy protesters in…
The S&P/TSX Venture Composite continued an eight-week free fall during the trading sessions, as it dropped 4%, or 36.60 points, en route to an 882.82-point close. Over the past two months the Venture has lost 14%, or 141.17 points. North…
U.S. equities had a rough ride during the trading week. The Dow Jones Industrial Average fell 103 points to 17,009.69, while the S&P 500 Index lost 15 points to end at 1,967.90. The tech-heavy Nasdaq Composite Index tumbled 37 points to…
VANCOUVER — Rumours had been swirling for months over Lundin Mining’s (TSX: LUN; US-OTC: LUNCF) eyeing of Freeport-McMoRan’s (NYSE: FCX) 80% stake in the Candelaria copper-mining complex in Chile’s Atacama province, and…
Short positions outstanding at Sept.30/14 (with changes from Sept.15/14).
Mickey Fulp, the Mercenary Geologist, dissects the recent movements in the Venture market, the greenback and two metals he follows closely — gold and uranium.
U.S. markets ended in negative territory during the trading week, with the Dow Jones Industrial Average falling 166.59 points, or 0.96% to 17,113.15, and the S&P 500 Index sliding 27.55 points, or 1.37%, to 1,982.85. The Philadelphia Gold…
The S&P/TSX Composite Index lost 238.58 points during the trading week to end at 15,026.77. The S&P/TSX Global Gold Index stayed relatively flat at 170.72 points, while the spot price for gold added US$3.20 per oz. to US$1,219.40. The…
The S&P/TSX Venture Composite had another rough week during the trading period after it lost 4.43%, or 42.30 points, en route to a 912.76-point close. Commodity futures struggled, while markets responded to reports out of China that…
Short positions outstanding at Sept.15/14 (with changes from Aug. 31/14).
The S&P/TSX Composite Index fell 266.23 points, or 1.71% to 15,265.35, while the S&P/TSX Capped Diversified Metals & Mining Index plunged 7.7%, or 67.86 points, to finish the week at 813.12. The S&P/TSX Global Mining Index…
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