TSX Venture at seven-month high, March 14-18
The rally in commodity markets is stoking the S&P/TSX Venture Composite Index, gaining 0.8%, or 4.47 points, to a 580.82-point close. Spot gold traded near its one-year high, closing up…
Stock Markets/Investing
US stocks climb, March 14–18
The U.S. Federal Reserve’s decision to cut interest rate hikes this year due to a weak global environment helped lift U.S. indexes. The central bank held its benchmark interest rate…
Canada’s benchmark index dips slightly, March 14-18
The U.S. Federal Reserve kept interest rates on hold, spot gold rose to US$1,255 per oz. (up US$4.90) and the April contract for North American benchmark crude dropped in price…
Rio Tinto could be ready for a Turquoise Hill takeover, analysts say
VANCOUVER — It’s not a secret that many in the mining community are pretty bullish on copper’s long-term prospects. There’s some disagreement over the timeline for recovery, but typical analyst…
Building confidence in Argentina will take time: Charles Koppel
For the last twenty-five years, Charles Koppel, a law student turned businessman born in South Africa and based in London, has evaluated and invested in business opportunities around the world….
Moody’s cuts Goldcorp’s credit rating
Moody’s Investors Service has downgraded Goldcorp’s (TSX: G; NYSE: GG) senior unsecured ratings one notch above junk status, while confirming its ratings for Barrick Gold (TSX: ABX; NYSE: ABX), AngloGold…
TSX climbs, March 7-11
The S&P/TSX Composite Index rose 2.3% to 13,522, marking its second straight weekly gain, helped by higher oil prices. The S&P/TSX Capped Diversified Metals & Mining Index slipped 0.4% to…
US markets move higher, March 7-11
The Dow Jones Industrial Average and the S&P 500 Index hit new highs for 2016 on the back of steady oil price gains (U.S. crude settled at US$38.50 per barrel…
PDAC 2016: China remains ‘engine of growth’
Philip Macoun, managing consultant at London-based CRU Consulting, shared an overview on China’s impact on commodity markets, along with his outlook for copper, coal, iron ore and gold, at the…
TSX Venture rallies to six month high, Feb. 29-March 4
The S&P/TSX Venture Composite Index broke a six-month high, jumping 4%, or 24.33 points, to a 562.39-point close, on the back of surging commodity prices. Spot gold rallied 2.9% to…
TSX rises on strong mining stocks, Feb. 29-March 4
A smaller-than-expected Canadian trade deficit in January (exports reached $46 billion and export volumes were up 3.6% month-on-month), stronger-than-expected U.S. jobs data and higher commodity prices (U.S. crude rose nearly…
PDAC 2016: Transparency, education needed to restore confidence in miners, Brent Cook says
Brent Cook, an independent exploration analyst and editor of Exploration Insights, delivered a talk in early March at the Prospectors & Developers Association of Canada convention on whether there is…