Ross Beaty: It’s time to buy mining stocks
VANCOUVER — Mining financier and entrepreneur Ross Beaty told an audience at the Vancouver Resource Investment Conference in late January that it’s a “phenomenal” time to buy resource stocks.
Stock Markets/Investing
Executive compensation proves resilient
As if investors weren’t gloomy enough these days. Now a survey of 100 leading companies in the mining industry suggests that executive compensation has been slow to adapt to the sector downturn, and more disturbing, that “there…
TSX Venture rises with metal prices, Feb. 1-5
The S&P/TSX Venture Composite Index closed near a four-week high during the trading sessions, as it gained nearly 2%, or 8.63 points, en route to a 508.15-point close. Markets were buoyed by rising metal prices, while growth figures in…
TSX ends mixed, Feb. 1-5
Toronto’s S&P/TSX Composite Index slipped 0.5% to 12,763.99 after a poor jobs report, while oil prices dropped and gold prices rebounded. The S&P/TSX Global Mining Index rose 9.4% to 45.25, while the S&P/TSX Capped Diversified…
US stocks gain ground, Jan. 25-29
U.S. equities posted a second consecutive weekly gain, after a surprise move from the Bank of Japan to stimulate its economy. The Dow Jones Industrial Average rose 2.3% to 16,466.30, while the S&P 500 Index advanced 1.8% to 1,940.24. The…
Forum CEO touts ‘exciting’ year on the Athabasca
VANCOUVER — It isn’t a particularly active year for the exploration community, but Forum Uranium (TSXV: FDC; US-OTC: FDCFF) is bucking the trend with a pair of drill programs it hopes will lead to another major discovery…
TSX Venture bounces back, Jan. 25-29
The S&P/TSX Venture Composite Index recovered from historic lows during the trading period, as it gained 3.3%, or 15.85 points, en route to a 499.52-point weekly close. Commodity futures were on the rise across the board, with markets also…
TSX posts gains, Jan. 25-29
An interest rate cut by Japan’s central bank, the U.S. Federal Reserve’s decision to leave rates alone and rising oil prices — West Texas Intermediate crude finished at US$33.70 per barrel — lifted global markets. There…
U3O8 aims to help meet Argentina’s uranium demand
VANCOUVER — It’s been a bumpy ride for foreign mining companies in Argentina over the past three years, but explorer U3O8 Corp. (TSX: UWE) saw light at the end of the political tunnel in late October when the Andean…
TSX Venture Exchange pledges to revitalize, diversify
A town hall meeting to discuss the TSX Venture Exchange’s proposed improvements to Canada’s public venture market filled a large ballroom at the Sheraton Hotel in Toronto on Jan. 18.
US markets post first weekly gains in 2016, Jan. 18-22
U.S. markets were closed on Jan. 18 for the Martin Luther King Jr. holiday and see-sawed the rest of the week, as West Texas Intermediate crude dipped below US$27.98 per barrel on Wednesday before finishing up 5.5% to US$32.20. The European…
TSX Venture loses more ground, Jan. 18-22
The S&P/TSX Venture Composite Index hit historic lows, as it dropped 1.1%, or 5.29 points, en route to a 483.67-point weekly close. Monetary stimulus measures were on the horizon for many of the world’s major economies, as European…