TSX dips, Nov. 28-Dec. 2
The S&P/TSX Composite Index fell 0.2% to 15,052.52, despite a surge in oil prices and a decent jobs report. The S&P/TSX Global Mining Index fell 0.9% to 65.19, while the…
Stock Markets/Investing
US markets mixed, Nov. 28-Dec. 2
The Dow Jones Industrial Average climbed 0.1% to 19,170.42, the S&P 500 Index fell 0.97% to 2,191.95, and the Nasdaq Composite Index dropped 2.7% to 5,255.65. Spot gold dipped 0.6%…
Base metal and bulk commodity forecasts improve heading into 2017
VANCOUVER — It’s been a tough run the past few years for people involved with base metals and industrial commodities. Recessions among leading global economies combined with oversupply concerns to…
TSX moves higher, Nov. 21-25
Vows of greater spending on infrastructure in both Canada and the U.S. lifted Canada’s S&P/TSX Composite Index 1.4% to 15,075.44, and drove up the S&P/TSX Global Mining Index 4.2% to…
Wall Street rises, Nov. 21–25
U.S. equities ended holiday-shortened trading in positive territory. The S&P 500 Index rose 1.4% to 2,213.35, while the Dow Jones Industrial Average advanced 1.5% to 19,152.14. The Nasdaq Composite Index…
Facts ‘n’ Figures: Silver market to record fourth straight deficit in 2016
The following are highlights from The Silver Institute’s 2016 Interim Silver Market Review. For more information, please visit www.silverinstitute.org. The silver market is expected to be in an annual physical…
TSX Venture rises, Nov. 14-18
The S&P/TSX Venture Composite Index recovered 18.76 points, or 2.6%, to a 746.67-point close during the trading period. The spot gold price dropped US$19.78 to five-month lows at US$1,207.89 per…
TSX gains, Nov. 14-18
Canada’s S&P/TSX Composite jumped 2.1% to 14,864.03, after gains in the energy sector and belief that U.S. president-elect Donald Trump would help boost the American economy. The S&P/TSX Global Mining…
US markets move higher, Nov. 14-18
Expectations that U.S. president-elect Donald Trump would stimulate the economy through infrastructure spending lifted Wall Street. The Dow Jones Industrial Average rose 0.1%, or 20.27 points, to 18,867.93, and the…
Abitibi Snapshot: Five companies to watch
The renewed strength in gold prices this year has reinvigorated the historic mining camps throughout the Abitibi region of Ontario and Quebec. Here’s a look at what a few Canadian…
Lucara’s cash position builds
Although it pulled its 1,109-carat Lesedi La Rona Type II gem from sale in June, after it fetched a high bid of US$61 million at a Sotheby’s auction, Lucara Diamond…
Q&A: Decoding the diamond market
With a dismal 2015 in the rear-view mirror, the first half of 2016 saw surprisingly strong demand for rough diamonds. However, with new production coming online from several mines in…