Q&A: Decoding the diamond market
With a dismal 2015 in the rear-view mirror, the first half of 2016 saw surprisingly strong demand for rough diamonds. However, with new production coming online from several mines in…
Stock Markets/Investing
TSX Venture plummets, Nov. 7-11
The S&P/TSX Venture Composite Index dove 34.07 points, or 4.5%, to a 727.91-point close over the Nov. 7-11 trading period in the aftermath of the U.S. presidential election. The spot…
US markets move higher, Nov. 7-11
Expectations by many that Donald Trump’s electoral victory would boost the U.S. economy sent the Dow Jones Industrial Average up 5.4%, or 959.38 points, to 18,847.66. The S&P 500 Index…
TSX rises, Nov. 7-11
The S&P/TSX Venture Composite Index dove 34.07 points, or 4.5%, to a 727.91-point close in the aftermath of the U.S. presidential election. Spot gold prices dropped US$77.42 to US$1,227.64 per…
Renard & Gahcho Kué: Two new reasons to celebrate Canadian diamonds
It’s been nearly a decade since Canada, the world’s third-largest diamond producer, has added any significant new production. But this fall has seen two new mines come online within just…
TSX Venture retreats, Oct. 31-Nov. 4
The S&P/TSX Venture Composite Index shed 13.89 points, or 1.8%, to a 761.98-point close despite strengthening commodity prices. Spot gold prices surged US$29.59 to US$1,305.06 per oz., ahead of the…
Wall Street retreats, Oct. 31-Nov. 4
U.S. equities fell into negative territory on concerns about the U.S. presidential election and weakening oil prices. The Dow Jones Industrial Average gave back 1.5% to close at 17,888.28, while…
TSX falls, Oct. 31-Nov. 4
News that Canada’s gross domestic product expanded 0.2% in August after a 0.4% increase in July, and unease about the outcome of the U.S. presidential race, sent the S&P/TSX Composite…
Uranium firms remain optimistic amid low demand
Uranium companies are staying upbeat, given what they see are strong long-term fundamentals for uranium as the number of nuclear reactors around the world increase, despite the current situation of…
TSX Venture drops, Oct. 24-28
The S&P/TSX Venture Composite Index shed 14.76 points, or 1.9%, over the report period to a 775.87-point close despite gains in commodity prices. Spot gold prices rose US$9.01 to US$1,275.47…
TSX dips as oil drops, Oct. 24-28
The S&P/TSX Composite Index lost ground over the week, retreating 1.3% to 14,785.29, as the price of oil weakened. The S&P/TSX Global Mining Index stayed relatively flat at 63.46, while…
US markets post mixed results, Oct. 24-28
Real gross domestic product in the third quarter increased at a 2.9% annual rate, according to an advance estimate by the U.S. Bureau of Economic Analysis. Real GDP in the…