VANCOUVER — The global rare earth element supply crisis in 2010 served as a “wake-up call” to businesses and governments, and future supply “poses supply security concerns,” according to a recent study commissioned…
In the first quarter of 2015, Molycorp (NYSE: MCP) reported higher production volumes from its Mountain Pass rare earth facility in California, and yet posted negative cash flow from operating activities of US$73 million and a loss attributable…
U.S. stocks eked out gains, despite concerns about whether Greece would reach a deal with its lenders to avoid a default. The Dow Jones Industrial Average climbed 0.6% to 18,014.28, while the S&P 500 Index added 0.7% to 2,109.99. The Nasdaq…
U.S. equities swung back into the positive territory. The Dow Jones Industrial Average increased 1.4% to 18,080.14 points and the S&P 500 Index added 1.8% to 2,117.69. The Nasdaq rose 3.2% to 5,092.08. The gold price, however, fell US$15.30…
After two weeks of gains, the Dow Jones Industrial Average and S&P 500 Index ended moderately lower due to concerns about Greece’s debt negotiations, mixed U.S. corporate earnings and warnings by regulators in China about excessive…
U.S. stocks rose on a declining dollar and higher gold prices at a slower-than-expected pace, which pushed up the main indexes.
The final week of January was a mixed bag. On the bright side for resource investors, gold and oil prices climbed to US$1,283.10 per oz. and US$52.99 a barrel, respectively, while U.S. consumer spending also improved, rising 4.3% in the fourth…
California Gold Mining (TSXV: CGM; US-OTC: CFGMF) is raising more funds to explore its flagship Fremont gold project in Mariposa County, Calif.
U.S. equities had a rough ride during the trading week. The Dow Jones Industrial Average fell 103 points to 17,009.69, while the S&P 500 Index lost 15 points to end at 1,967.90. The tech-heavy Nasdaq Composite Index tumbled 37 points to…
U.S. equity indexes were down for most of the week, as Russia banned imports of some western foods and U.S. warplanes prepared to strike targets in Iraq for the first time since 2011. But markets edged higher on Friday after Russia’s…
U.S. markets rebounded sharply on the back of strong jobs data before closing on July 4 for the Independence Day holiday. The U.S. economy added 288,000 non-farm jobs in June and revised data from the Labour Department showed that the…
The Dow Jones Industrial Average ended the week 0.43% higher at 16,583.34, on the back of remarks by U.S. Federal Reserve Chair Janet Yellen that the U.S. economy needs support, and that the central bank would keep monetary policy…
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