U.S. equities gained momentum on positive jobless data. The Dow Jones Industrial Average climbed 50.64 points to 17,763.24, and the S&P 500 Index added 5.94 points to finish at 2,066.96. Spot gold edged up US$3.60 per oz. to end at US$1,202…
Canada’s gross domestic product shrank 0.1% in January compared with a 0.3% rise in December, but the drop was less than some economists had anticipated, and the country’s benchmark index gained 1.5% to finish at 15,026.62. (Markets…
The S&P/TSX Venture Composite Index closed at a three-week high during the shortened trading sessions, rising 1.6 points to 683.02 points. Growth in the U.S. manufacturing sector hit a five-month high in March, while energy investors…
TSX Short Positions Short positions outstanding at March 31/15 (with changes from March…
As Saudi Arabia took military action against Houthi rebels in Yemen, U.S. equity indexes dropped and gold rose. The Dow Jones Industrial Average lost 2.3%, falling to 17,712.66, and the S&P 500 Index declined 2.2% to 2,061.02. Spot gold…
The S&P/TSX Venture Composite Index closed in the green, rising 1.6%, or 10.84 points, en route to a 681.43-point close. Gains were underpinned by rising commodity futures, while Federal Reserve chair Janet Yellen said the U.S. central bank…
Retail investors, historically the “lifeblood” of the junior mining sector, are largely gone from the picture, but need to return for the sector to survive the current downturn, John Kaiser argues.
VANCOUVER — Royalty and streaming leader Silver Wheaton (TSX: SLW; NYSE: SLW) has been increasing its presence in the gold space recently, and according to president and CEO Randy Smallwood that trend could continue, with many of the…
Canada’s benchmark index gained after the U.S. Federal Reserve signalled it was in no hurry to raise interest rates. The news lowered the U.S. dollar and increased commodity prices, as commodities priced in U.S. dollars became more…
The S&P/TSX Venture Composite Index edged up 1%, or 6 points, en route to a 670.60-point close. Gold, copper and energy futures benefitted from weakness in the U.S. dollar, while Statistics Canada reported that the inflation rate held…
VANCOUVER — Toronto-based junior Noront Resources (TSX: NOT; US-OTC: NOSOF) has emerged as a leader in Ontario’s controversial Ring of Fire mineral belt over the past eight years, and on March 23 the company solidified itself as the…
Short positions outstanding at March 15/15 (with changes from Feb. 28/15).
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