Canada’s benchmark index posts small gain, Oct. 15-19
Despite a strong U.S. dollar, the price of gold increased for the third consecutive week, finishing at US$1,226.50 per ounce, up 0.74%, while the S&P/TSX Global Gold Index rose 1.85%…
Stock Markets/Investing
The Northern Miner to unveil business intelligence tool TNM Intel
The Northern Miner is set to unveil its first business intelligence tool. TNM Intel has been designed for mining industry decision makers who need global information in an easily accessible format and will…
TSX posts mixed results, Oct. 1-5
Canada’s benchmark index fell 0.9% to 15,946.17 and the S&P/TSX Global Mining Index fell 0.39% to 65.54. Gold performed better, however, as the S&P/TSX Global Gold Index rose 2% to…
Dow and S&P 500 down, Oct. 1-5
The Dow Jones Industrial Average slipped 0.4% to 26,447.05 and the S&P 500 Index fell 0.98% to 2,885.57. Spot gold closed US$10.50 per oz. higher at US$1,202.70 per oz. gold….
TSX Venture inches lower, Oct. 1-5
Shares of Aurania Resources rose 53¢ to $2.76. The company recently found the first significant instances of copper mineralization at its Lost Cities–Cutucu project in Ecuador. Two regional exploration teams…
TSX Venture inches higher, Sept. 17-21
The S&P/TSX Venture Composite Index rose 0.66% to 719.91. Shares of White Gold rose 65% to $1.07. The company released strong drill assays from the Vertigo target on its JP…
US markets up, Sept. 17-21
The Dow Jones Industrial Average jumped 2.25% to 26,743.50 and the S&P 500 Index rose 0.85% to 2,929.67. New York spot gold increased 0.47% to US$1,198.70 per oz. gold. Rio…
TSX posts solid gains, Sept. 17-21
Canada’s benchmark index rose 1.31% to 16,224.13 during an improved trading week. The S&P/TSX Global Mining Index rose 5.4% to 66.73 and the S&P/TSX Global Gold Index rose 2.7% to…
TSX Venture Exchange falls, Sept. 3-7
Gold Reserve rose 17¢ to $3.35 per share. The company recently received Venezuelan government bonds with an estimated market value of US$88.5 million as payment towards the December 2017 and…
TSX falls, Sept. 3-7
Canada’s benchmark index fell 1.06% to 16,090.27 during a shortened trading week. The S&P/TSX Global Mining Index fell 4.3% to 62.70 and the S&P/TSX Global Gold Index fell 2.9% to…
US markets edge lower, Sept. 3-7
The U.S. Bureau of Statistics released its job report showing that the unemployment rate remained unchanged in August at 3.9%. Base metals were down during the trading week while spot…
Metals commentary: Gold rebound could be in the making
The following is an edited excerpt from the World Gold Council’s latest Investment Update. To read the full report, visit www.gold.org. In August gold fell to a 20-month low amid…