Wall Street ends in red, March 20-24
U.S. indexes fell as investors questioned U.S. President Donald Trump’s ability to deliver on his promises to boost the economy. The Dow Jones Industrial Average fell 1.5% to 20,596.72, while the broader…
Potash
Saskatchewan the best place to invest, Fraser Institute says
Saskatchewan takes the crown as the most attractive jurisdiction for investment in the Fraser Institute’s annual Survey of Mining Companies 2016, moving up from second place in 2015, and dethroning Western…
Many riches underlie Canadian Prairies
VANCOUVER — There’s more than meets the eye when it comes to mineral potential in the Canadian Prairie provinces of Alberta, Saskatchewan and Manitoba. Their unique — and often overlooked…
TSX falls, Oct. 3-7
Canada’s benchmark index fell ahead of the Thanksgiving long weekend, dropping 1.08% to 14,566.26, despite positive jobs data. The S&P/TSX Global Mining Index slumped 5.5% to 61.45, while the S&P/TSX…
Altius reaps benefits of contrarian investing
VANCOUVER — When it comes to the project generator business model, it’s tough to find a more successful example than Altius Minerals (TSX: ALS; US-OTC: ATUSF). The company has seen substantial…
The Northern Miner podcast – episode 28: Our eyes on autumn ft. Mickey Fulp
Matt is joined by the Mercenary Geologist, Mickey Fulp, to talk the U.S. economy, elections, and a potential interest rate hike from the Federal Reserve. We ask if gold stocks are…
TSX gains, Aug. 29 – Sept. 2
The S&P/TSX Composite Index rose 1.06% to 14,795.70, despite mixed economic news. The S&P/TSX Global Mining Index edged up 0.35% to 63.20 and the S&P/TSX Global Gold Index added 1.45% to…
PotashCorp, Agrium in merger talks amid weak fertilizer markets
VANCOUVER — Fertilizer giants Potash Corporation of Saskatchewan (TSX: POT; NYSE: POT) and Agrium (TSX: AGU; NYSE: AGU) are reportedly contemplating a potentially game-changing merger. On Aug. 30, the companies confirmed…
US stocks fall, Aug. 22–26
U.S. equities tumbled during the last trading week of August, amidst speculation that the central bank could hike interest rates as early as mid-September. The Dow Jones Industrial Average fell…
BHP tables US$6.4B loss in worst-ever year
VANCOUVER — BHP Billiton (NYSE: BHP) has posted the worst annual financial results since its inception in 2001, but CEO Andrew Mackenzie now says the “free fall” has likely passed for…
TSX posts slight increase, Aug. 1-5
Disappointing employment numbers and a widening trade gap kept Canada’s benchmark index relatively flat at 14,648.77, up just 0.5% from the previous trading week. Statistics Canada reported that the country’s…
Mosaic suspends Colonsay potash mine
Mosaic (NYSE: MOS) is temporarily shutting one of its three Saskatchewan potash operations, amid declining global demand and prices for potash. The major fertilizer producer will close the Colonsay potash mine…