VANCOUVER — Shares of developer Rubicon Minerals (TSX: RMX; NYSE-MKT: RBY) saw heavy losses after the company suspended underground development at its Phoenix gold deposit in Ontario’s prolific Red Lake district. The move…
VANCOUVER — It’s a tough time to be in the uranium business, but Canadian producer Cameco (TSX: CCO; NYSE: CCJ) believes it is well positioned for a market recovery due to strong operating leverage and a rock-solid contract…
Canada’s main stock index fell after U.S. Federal Reserve Chair Janet Yellen said there was a “live possibility” of a rate hike in December.
The S&P/TSX Venture Composite Index lost ground despite promising North American job reports, dropping 1.4%, or 7.75 points, en route to a 534.28-point close.
VANCOUVER — The dust is settling for Fission Uranium (TSX: FCU; US-OTC: FCUUF) after a failed merger with Lukas Lundin’s Denison Mines (TSX: DML; NYSE-MKT: DNN), but the company can’t move on just yet, due to an activist…
Short positions outstanding at Oct. 31/15 (with changes from Oct. 15/15).
The Dow Jones Industrial Average rose 1.5%, or 266.64 points, to close at 17,755.80, and the S&P 500 Index advanced 1.8%, or 36.90 points, to finish at 2,089.41. The Philadelphia Gold & Silver Index dropped 4.8% to 52.25.
VANCOUVER — Despite posting a US$192 million net loss during the third quarter, Goldcorp’s (TSX: G; NYSE: GG) management team is telling investors to focus on what it labels “strong fundamentals.”
The S&P/TSX Venture Composite Index fell 1.5%, or 8.1 points, to close at 539.65 points, amid a continuing decline in gold prices by 1.7%, or US$20.08, before closing at US$1,146 per oz. gold.
Diamond equities have had a rough ride in 2015, but what about next year? In an interview in early November, Matthew O’Keefe, vice-president and senior analyst at Dundee Capital Markets,…
U.S. stocks climbed on the back of strong housing figures for September; better-than-expected earnings from major companies like eBay, Microsoft and Amazon; and signs that the European Central Bank would consider more stimulus measures to boost…
The Toronto stock market ended higher as investors took in prime minister-designate Justin Trudeau’s majority win in the federal election. Canada’s new prime minister promises to invest heavily in infrastructure, among other areas,…
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