Venture hits four-week high, Feb. 8-12
The S&P/TSX Venture Composite Index held steady near a four-week high, gaining 0.6%, or 2.99 points, to a 511.14-point close, backed by rising metal prices.
Stock Markets/Investing
Goldcorp invests in Gold Standard Ventures
Goldcorp (TSX: G; NYSE: GG) has become the second gold miner in less than a year to take a strategic stake in Gold Standard Ventures (TSXV: GSV; NYSE-MKT: GSV) and its Railroad land package in Nevada.
Arizona Mining has a ton of upside at Taylor
VANCOUVER — When it comes to opportunities in the junior space that tick all the boxes for mineral development, there aren’t many that can match Arizona Mining (TSX: AZ) and its emerging Taylor zinc-lead-silver deposit, 80…
Franco CEO touts ‘opportunity-rich’ market after Glencore deal
VANCOUVER — Franco-Nevada (TSX: FNV; NYSE: FNV) will pay US$500 million for a gold-silver stream from Glencore’s (LSE: GLNE) large Antapaccay copper mine in Peru’s Cusco region.
TSX hits ‘wall of worry’, Feb. 8-12
It was a volatile week, as investors — worried about the state of the global economy — fled stocks and sought safe-haven assets like gold, driving the price up 5.5% to US$1,237.90 per oz. (Gold hit a one-year high of US$1,262.90 per…
Editorial: Negative interest rates give gold a boost
One of the themes already emerging for 2016 is the oxymoron of “negative interest rates.” And if you’re a gold bug who’s been loving the low interest rates of recent years, you’re over the moon about this…
US markets slide, Feb. 1-5
Persisting fears of a global economic slowdown — along with mixed economic data in the U.S., and uncertainty about whether the Federal Reserve will raise interest rates this year — sent the Dow Jones Industrial Average down 1.6% to…
Murenbeeld of Dundee talks gold market
VANCOUVER — During a spirited macroeconomic session at the annual Mineral Exploration Roundup conference — hosted by the Association for Mineral Exploration British Columbia — Dundee Economics chief economist Martin…
‘Old school’ sectors struggling in China, Macquarie’s Hamilton says
VANCOUVER — At the Association for Mineral Exploration British Columbia’s annual Mineral Exploration Roundup convention Macquarie Group’s head of commodity research, Colin Hamilton, discussed China’s economy, the Chinese…
AME BC’s Dirom concerned about health of junior markets
VANCOUVER — The Association for Mineral Exploration British Columbia’s (AME BC) annual Mineral Exploration Roundup conference is in the rear-view mirror, and in four weeks the mining community will gather in Toronto for the…
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.
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…