Dow Jones and S&P 500 end lower, June 13-17
The U.S. Federal Reserve held rates steady ahead of Britain voting on whether to leave or stay in the European Union. The central bank’s decision was supported by 277,000 weekly…
Stock Markets/Investing
Brexit fears weigh on TSX, June 13-17
Worries that Britain might vote to leave the European Union in a referendum on June 23 sent Canada’s main stock index down 0.97% to 13,901.77. A vote to leave the…
Sabina suffers permit setback at Back River
VANCOUVER — The future of Sabina Gold and Silver’s (TSX: SBB; US-OTC: SGSVF) promising Back River gold property, 400 km southwest of the community of Cambridge Bay in Nunavut, has…
Kaminak filings reveal multiple potential bids for Coffee
VANCOUVER — In early May, Goldcorp (TSX: G; NYSE: GG) launched a $520 million, all-share bid for explorer Kaminak Gold (TSXV: KAM; US-OTC: KMKGF) and its feasibility-stage Coffee gold project in…
TSX Venture posts strong gains, June 6-10
The S&P/TSX Venture Composite Index jumped 3.2%, or 21.87 points, to a 715.59-point close, as gold prices climb towards four-week highs. Spot gold gained 2.4%, or US$30.04, to a US$1,274.24…
TSX edges lower, June 6-10
Canada’s unemployment rate in May fell to 6.9%, its lowest level since July 2015, but the news was tempered by worries about slowing global economic growth and concerns that Britain…
Wall Street mixed, June 6-10
U.S. stocks were mixed amidst concerns about the global economy. The Dow Jones Industrial Average posted a weekly gain of 0.3% to finish at 17,865.34, while the S&P 500 Index…
TSX returns to a bull market, May 30–June 3
The S&P/TSX Composite Index rose nearly 0.9% to close at 14,226.78, up 20% from its Jan. 20 low, and marking a return to a bull market. The S&P/TSX Global Mining…
U.S. equities hold steady, May 30-June 3
Economic data was mixed with reports that U.S. consumer spending in April posted its sharpest increase in more than six years, while jobs data showed that non-farm payrolls in May…
TSX Venture Exchange rallies, May 30-June 3
The S&P/TSX Venture Composite Index gained 3.8%, or 25.18 points, to a 693.72-point close, while gold prices strengthened on doubts that the U.S. Federal Reserve would hike interest rates in…
NexGen scores US$60M from Hong Kong billionaire
VANCOUVER — Explorer NexGen Energy (TSXV: NXE; US-OTC: NXGEF) made headlines earlier this year with an eye-opening maiden resource at its high-grade Arrow uranium deposit in Saskatchewan’s Athabasca basin, and…
TSX Venture falls, May 23-27
The S&P/TSX Venture Composite Index fell 2.6%, or 17.6 points, to a 668.54-point close over the trading period. Spot gold hit a three-month low, falling 3.2%, or US$39.60, to US$1,212.38…