It was not a good week for gold companies on the Toronto Stock Exchange, with the U.S. Federal Reserve confirming that its quantitative easing program would end in October. The gold price fell to US$1,170.60 per oz., while a stronger greenback…
U.S. equities gained as the American economy showed signs of improvement.
The S&P/TSX Venture Composite approached a 52-week low during the trading sessions after it lost 4.5%, or 35.86 points, before closing at 769.59 points. Gold futures dropped while the Industrial Product Price Index lost 0.4% in September…
VANCOUVER — Burkina Faso has earned its reputation as a relatively stable jurisdiction for mining companies, but social conditions in Africa can change quickly. On Oct. 31 former president Blaise Compaoré stepped down after tens of…
It’s been another grim day for precious metal enthusiasts as we go to press, with gold prices sinking to US$1,144 an oz., silver at US$15.45 an oz., platinum at US$1,208 an oz. and palladium plumbing US$756 an oz.
VANCOUVER — Chilean copper miner Antofagasta (LSE: ANTO; US-OTC: ANFGY) and Toronto-based explorer Duluth Metals (TSX: DM; US-OTC: DULMF) are joint-venture partners in the Twin Metals Minnesota…
The Northern Miner recently interviewed Sprott US Holdings chairman Rick Rule on commodity trends, his investment strategy and the junior exploration market. Listen to the podcast at www.northernminer.com, or read the edited transcript below:
Better-than-expected corporate earnings and easing concerns about the Ebola epidemic despite news of the first case of the disease diagnosed in New York City drove U.S. equities higher during the trading week. The Dow Jones Industrial Average…
The S&P/TSX Composite Index ended the trading week in positive territory, jumping 316 points to 14,543.82, but the gold and diversified miners didn’t follow the upward trend. The S&P/TSX Global Gold Index dipped 3 points to…
VANCOUVER — The S&P TSX Venture Composite was unable to turn early-week momentum into sustained gains during the Oct. 20-24 trading sessions, as it lost 4.68 points en route to a 805.45 point weekly close, despite two promising days…
Sprott US Holdings CEO Rick Rule shares his view on commodities, his investment strategy, and the junior exploration sector.
U.S. equities ended the choppy trading week in negative territory. The Dow Jones Industrial Average fell 164 points to 16,380.41, despite a late partial recovery that snapped a six-day losing streak on the back of strong earnings reports.
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