TSX Venture falls to historic low, Jan.11-15
The S&P/TSX Venture Composite Index is reaching historic lows, falling 5%, or 25.71 points, to a 488.96-point close.
Stock Markets/Investing
Kaminak boosts confidence in Coffee with new studies
VANCOUVER — It’s hard to find a flaw in Kaminak Gold’s (TSXV: KAM; US-OTC: KMKGF) Coffee gold project, 130 km south of Dawson City in the Yukon. The economics of a proposed heap-leach operation have held up through…
Lundin, Ecuador gov’t agree to advance Fruta del Norte
VANCOUVER — It has taken half a year of negotiations for Lundin Gold (TSX: LUG; US-OTC: FTMNF) to come to a financial agreement with the government of Ecuador to develop its flagship Fruta del Norte high-grade underground gold deposit, 80…
US equities continue to sink, Jan.11-15
U.S. stocks retreated, continuing the U.S. market’s worst-ever start to the calendar year, as oil prices tumbled and investors worried about the health of the Chinese economy. The Dow Jones Industrial Average fell 2.2% to 15,988.08 and the…
TSX approaches 12,000 level, Jan. 11-15
It was a nasty week on the markets as oil sank below US$30 per barrel for the first time since 2003 and the Canadian dollar dropped below US69¢ for the first time in 13 years, closing at US68.82¢. The S&P/TSX Composite Index…
TSX Venture falls, Jan. 4-8
The S&P/TSX Venture Composite Index stayed near the lowest point in its history, falling 2.1%, or 10.99 points, to a 514.77-point weekly close.
Dominion Diamond grapples with activist shareholders
Yellowknife-based Dominion Diamond (TSX: DDC; NYSE: DDC) is the latest Canadian miner to land in the cross hairs of activist shareholders. On Dec. 21, Toronto-based hedge fund K2 & Associates Investment Management emailed a letter…
Copper miners will ‘struggle for survival’, Canaccord says
VANCOUVER — It’s now a “survival of the fittest” story for copper miners, according to Canaccord Genuity analyst Peter Bures, and commodity markets might not offer much relief for at least two years. Over the past 12…
Torex CEO reflects on journey to first gold at Morelos
VANCOUVER — Nearly six years ago Torex Gold Resources (TSX: TXG; US-OTC: TORXF) consolidated a promising claim block 180 km southwest of Mexico City — called Morelos Norte — via a US$150-million deal with Teck…
Wall Street stocks down sharply, Jan. 4-8
The opening week of 2016 marked the worst first week in history for Wall Street stocks, as oil prices fell to their lowest level in more than a decade and concerns about slowing growth in China spooked global markets. Manufacturing data in…
TSX drops, Jan 4-8
Canada’s benchmark index posted a triple-digit loss in the new year. The S&P/TSX Composite Index fell 4.3%, or 564.5 points to 12,445.45, despite a positive jobs report. The S&P/TSX Capped Diversified Metals & Mining Index…
Short Position Report
TSX Short Positions Short positions outstanding at Dec. 31/15 (with changes from Dec….