The market sell-off on Wall Street was one of the worst in more than two years as oil dropped below US$62 a barrel and China reported more weak economic data. The S&P 500 Index fell 3.5% to 2002.33 and the Dow Jones Industrial Average…
VANCOUVER — Cost optimization has been an underlying theme for gold miners over the past few years. Falling metal prices and frugal capital markets have made it hard to balance sustainable production growth and strong profit margins. In…
Canada’s benchmark index fell during the trading week as investors fretted over plunging oil prices and weaker-than-expected economic data from China. The S&P/TSX Composite Index lost 742.65 points, or 5%, to end at 13,731.05. The…
The S&P/TSX Venture Composite Index finished in the red after losing 6.9%, or 48.21 points, en route to a 653.78-point weekly close. Energy stocks floundered during a freefall in crude oil prices, as the International Energy Agency slashed…
Falling prices for crude oil weighed on energy stocks, but a surprisingly strong jobs report buoyed the Dow Jones Industrial Average and the S&P 500 Index, which posted their seventh weekly advance. November payrolls rose by 321,000 in the…
VANCOUVER — It’s been a year of change for miner Freeport-McMoRan (NYSE: FCX) that has included a portfolio shuffle and renewed focus on a strong balance sheet and dividends. The company remains a big player in the…
The S&P/TSX Venture Composite struggled during the trading sessions, dropping 5.4%, or 39.88 points, en route to a 701.99-point weekly close. Energy markets were further hit by falling crude oil futures, which reached a five-year low….
Weaker-than-expected employment numbers showing Canada lost 10,700 jobs in November — which pushed up the unemployment rate to 6.6% from October’s 6.5% — along with disappointing earnings from the big banks and energy stocks…
MUNICH, GERMANY — Dave Hodge, the president of Zimtu Capital, has a public persona that transcends the Atlantic.
After a two-week rally, the S&P/TSX Venture Composite index plunged 6%, or 47.26 points over the trading period, en route to a 741.87-point close. Losses were largely driven by a sell-off in energy stocks, as crude oil spot prices and…
The drop in oil prices in the wake of the Organization of the Petroleum Exporting Countries’ decision to maintain production did not punish stock market indexes in the U.S. as much as some may have anticipated, with many companies…
VANCOUVER — Explorer Fission Uranium (TSX: FCU; US-OTC: FCUUF) has been one of the few juniors that has kept a steady drilling rate over the past two years despite tough capital markets. The company’s Patterson Lake South (PLS)…
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