Vancouver – The shortened first week of trading in the New Year saw the S&P TSX Venture Exchange experience a slight hangover after the holiday rally, down 62.46 points between January 4 and 7 to end the period at 2225.39 points.
The resource-heavy TSX closed out its first week of the New Year for a loss as commodity prices pulled back from record territory on generally positive U.S. economic news that sent gold into a tailspin. However, by the end of the week, stocks…
The first trading week of the New Year saw the Dow Jones Industrial Average edge up 97.25 points or 0.8% to 11,674.76 while the S&P 500 index rose 13.86 points or 1.1% to 1,271.50. The Nasdaq Composite was up 50.3 points or 1.9% to…
Four months after he was hired as managing director and chief executive of Coalspur Mines (cpt-t, cpl-a) Gene Wusaty was still working out of his home and a local coffee shop in Calgary and putting business expenses on his personal credit card.
In this Technical Analysis Report we re-visit the Commitments of Traders (COT) report, supplied by the U.S. Commodity Futures Trading Commission to see if any metals appear ready to make a significant move.
At the opening bell on Dec. 30, 2010, Shear Minerals began trading on a consolidated basis under the new name of Shear Diamonds (srm-v).At the company’s recent annual meeting, shareholders and the board of directors approved a 10-to-1 rollback…
Revised offers in the dwindling hours of 2010 from both Nunavut Iron Ore Acquisition and global steel giant ArcelorMittal (mt-n) for junior Baffinland Iron Mines (bim-t) have grabbed the headlines in the first week of 2011. Nunavut Iron Ore,…
Despite all the geopolitical and economic jitters around the world, 2010 proved to be a sweet year for commodities investors.
Oil and gas deals in the exploration and production (E&P) sector reached US$73 billion in the last quarter of 2010 with deals for the year totaling US$238 billion, compared with US$151 billion in 2009. The total deal value in Q4 2010 is…
The rescue of 33 trapped miners at the San Jose copper-gold mine near Copiapó, Chile, relied on the latest mapping technology and expertise to succeed.Entombed over 700 metres below the surface and 5 km from the mine’s entrance, the…
Alcoa – Russell Wisor retired as VP of government affairs; Keith Walton appointed VP of government affairs.Anfield Nickel – Donald Shumka appointed a director.Bear Creek Mining – Frank Tweddle appointed a director.Bowmore Exploration – Richard…
Investors shrugged off the tendency to sell at the close of the year causing the TSX Composite index to rise from 13,231.49 points to 13,443.22 for the Dec. 20-31 period. Perhaps investors were emboldened by year-end figures on the Canadian…
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.