Stornoway stock sinks on liquidity issues
In early 2017, Stornoway Diamond (TSX: SWY) achieved commercial production at its 100% owned Renard diamond mine in Quebec. The junior had a lot to celebrate. It had done the…
Stock Markets/Investing
Lucara advances its Clara digital sales platform
Lucara Diamond’s (TSX-LUC) Karowe mine in Botswana continues to turn out enormous diamonds. The latest, in April, weighed in at 1,758 carats. While the diamond was recovered unbroken, the stone…
Facts ‘n’ Figures: Canada’s IPO market struggles at fraction of 2018 pace, PwC says
The following is a release by PwC Canada as part of its quarterly monitoring of the status of initial public offerings in Canada. Visit www.pwc.com/ca for more information. The surge…
TSX Venture falls, June 24-28: Aurion, Golden Dawn, Itafos
The S&P/TSX Venture Composite Index fell 1.20% to 585.47 during the June 24-28 trading week. Spot gold rose US$9.90 per oz. or 0.71% to US$1,408.90 per oz. Aurion Resources topped…
US markets drop, June 24-28: Agnico Eagle, Rio Tinto
The Dow Jones Industrial Average fell 0.45% to 26,599.96 and the S&P 500 Index dropped 0.30% to 2,941.76. Spot gold rose 0.71% or US$9.90 per oz. to US$1,408.90 per oz….
TSX dips, June 24-28: Continental Gold, First Quantum, Northern Dynasty
The S&P/TSX Composite Index fell 0.87% to 16,382.20. Metal indexes moved higher with the S&P/TSX Global Mining Index up 1.30% at 79.44, the S&P/TSX Global Base Metals Index up 1.27%…
TSX posts marginal gain, June 10-14: Serabi, Avesoro, Stornoway
The S&P/TSX Composite Index rose 0.44% to 16,301.91. The S&P/TSX Global Mining Index increased 3.44% to 75.85, and the S&P/TSX Global Base Metals Index was up 3.52% to 109.49. Spot…
TSX Venture falls, June 10-14: Alexandria, Bonterra, Great Bear, Eagle Graphite
The S&P/TSX Venture Composite Index fell 1.46% to 587.84 during the trading week. An unsolicited takeover offer for Alexandria Minerals from Agnico Eagle Mines sent the junior’s shares up 66.7%…
US markets move higher, June 10-14: Rio Tinto, Alamos Gold, Osisko Gold Royalties
The Dow Jones Industrial Average rose 0.41% to finish at 26,089.61, and the S&P 500 Index moved up 0.47% to 2,886.98. Spot gold rose 0.01% to US$1,341.10 per oz. gold….
Editorial: Top gold mining CEOs Bristow, Letwin and Marrone weigh in on consolidation
With The Northern Miner’s Canadian Mining Symposium held at Canada House in London, U.K., in May, attendees were treated to contrasting visions for the gold mining industry put forward by…
US markets slip, May 27-31: Buenaventura, Stillwater-Sibanye, Gold Fields
Trade tensions between the U.S. and China drove the Dow Jones Industrial Average down 3.01% to 24,815.04, while the S&P 500 Index lost 2.62% to finish at 2,752.06. Spot gold…
TSX down, May 27-31: Agnico, Newmont Goldcorp, Moneta Porcupine
The U.S.–China trade dispute continued to rattle investor sentiment, with the S&P/TSX Composite Index down 1.19% to 16,037.50. The bleak trade outlook also put pressure on base metals while lifting…