TSX rises, Aug. 5-9: Wheaton; First Majestic; Pan American; Asanko Gold
The S&P/TSX Composite Index posted a 0.43% gain to 16,341.30. Spot gold finished the trading week at US$1496.20 per oz., up US$56.20 per oz., or 3.9%. The S&P/TSX Global Gold…
Stock Markets/Investing
TSX Venture down, Aug. 5-9: SilverCrest; Chesapeake Gold; Garibaldi Resources; Barksdale Capital
The S&P/TSX Venture Composite Index fell 0.49% to 592.82 during the trading week. SilverCrest Metals recorded the biggest value gain, rising $1.08, or 15.3%, to $8.16 per share. The company…
US markets down, gold up, Aug. 5-9: Franco-Nevada; Kirkland Lake; Pretium
President Trump’s declaration on Aug. 1 that he would impose a 10% tariff on a further US$300 billion of Chinese imports to the U.S. starting on Sept. 1, and his…
TSX Venture edges higher, July 22-26: Great Bear, Rio2, Jervois Mining
The S&P/TSX Venture Composite Index climbed 0.16% to 592.89 during the trading week. Drill results and exploration success at its Dixie project in the Red Lake district of Ontario sent…
US markets rise, July 22-26: Arch Coal, Agnico Eagle, Newmont Goldcorp
The Dow Jones Industrial Average rose 0.14% to finish at 27,192.45, and the S&P 500 Index jumped 1.66% to 3,025.86. Spot gold fell US$6.70 per oz. to US$1,418.30 per ounce….
TSX rises, July 22-26: Torex, Teranga, Scandium, Lundin Gold
The S&P/TSX Composite Index posted a 0.27% gain to 16,531. Spot gold stayed above the US$1,400 per oz. threshold, finishing at US$1,418.30 per oz. — down US$6.70 per oz., or…
US markets rise, July 8-12: Rio Tinto, Eldorado, Vale
Spot gold prices ended at US$1,407.60 per oz., up US$18.95 or 1.4% from the previous week. The yellow metal has spent the past three weeks trading around US$1,400 after making…
TSX Venture drops, July 8-12: Victoria, Firefox, Luckystrike
The S&P/TSX Venture Composite Index fell 1.99% to 576.03 during the trading week. Victoria Gold led the pack in trading volume. The company saw more than 13 million shares change…
TSX edges higher, July 8-12: Glencore-Katanga, Avesoro, New Gold, Uranium
The S&P/TSX Composite Index ended the trading week up 14.83 points, or 0.09%. The S&P/TSX Global Mining Index was up 0.68 point, or 0.87%, to 78.68, while the S&P/TSX Global…
Diamcor nears production announcement
Diamcor Mining’s (TSXV: DMI) Krone-Endora project isn’t a typical diamond development story. The project, next to De Beers’ Venetia mine in South Africa, is an eluvial deposit, representing a direct…
Stornoway stock sinks on liquidity issues
In early 2017, Stornoway Diamond (TSX: SWY) achieved commercial production at its 100% owned Renard diamond mine in Quebec. The junior had a lot to celebrate. It had done the…
Lucara advances its Clara digital sales platform
Lucara Diamond’s (TSX-LUC) Karowe mine in Botswana continues to turn out enormous diamonds. The latest, in April, weighed in at 1,758 carats. While the diamond was recovered unbroken, the stone…