TSX Venture gains ground, April 4-8
The S&P/TSX Venture Composite Index was on the rise, as it jumped nearly 4%, or 22.51 points, en route to a 603.92-point weekly close. The rally was driven by rising…
Stock Markets/Investing
US stocks slip, April 4-8
The Dow Jones Industrial Average fell 1.2% to 17,576.96 and the S&P 500 Index dropped 1.2% to 2,047.60. Gold moved in the opposite direction. The New York spot price rose…
Warke discusses NewCastle-Catalyst deal
VANCOUVER — The proposed merger of juniors NewCastle Gold (TSXV: NCA; US-OTC: CTMQF) and Catalyst Copper (TSXV: CCY; US-OTC: CATXF) is small in terms of cash and asset valuation, but the dealmakers see NewCastle’s past-producing Castle Mountain gold…
Commentary: Gold in a world of negative interest rates
The following is an excerpt from the World Gold Council’s latest update “Gold in a world of negative interest rates.” For the full text including footnotes and charts, please visit…
TSX gains slightly, March 28–April 1
The S&P/TSX Composite Index ended in positive territory, adding 0.62% to close at 13,440.44. The S&P/TSX Capped Diversified Metals & Mining Index, however, slipped 0.2% to 437.39, while the S&P/TSX…
US markets finish higher, March 28-April 1
U.S. Federal Reserve Chair Janet Yellen’s remarks last week that the central bank should take a “cautious” approach to raising interest rates, buoyed markets. The Dow Jones Industrial Average rose…
CanAlaska Uranium regains momentum in the Athabasca
VANCOUVER — Project generator CanAlaska Uranium (TSXV: CVV; US-OTC: CVVUF) has been on a rough run since the Fukushima Daiichi nuclear disaster rocked the uranium industry in mid-2011, but the uranium junior…
TSX Venture edges down, March 21-24
The S&P/TSX Venture Composite Index peaked at 585.59 points over the holiday-shortened trading period before falling to a 580.02-point close, or a 0.8-point loss, as commodities retreat on speculation of…
US equities tumble, March 21–24
U.S. indexes snapped five weeks of gains after terrorist attacks in Brussels, which left 35 dead and hundreds injured, shook global markets. The S&P 500 Index fell 0.7% to 2,035.94…
Canada’s benchmark index slips, March 21-24
A terrorist attack at the airport and a subway station in Brussels that left 35 people dead just before the Easter holiday chilled global markets. The S&P/TSX Composite Index closed…
Red Cloud revitalizes mining investment
In early March, Red Cloud Klondike Strike unveiled a regulated investment platform for mining companies to raise financings by accessing a larger pool of investors. So far, the Red Cloud…
CEO interview: Rubicon’s Winship discusses Phoenix error
Michael Winship, a mining engineer, joined the board of Rubicon Minerals (TSX: RMX; US-OTC: RBYCF) in 2011 and was appointed the company’s interim-president and CEO in October 2015. Rubicon started…