TSX gains slightly, March 28–April 1
The S&P/TSX Composite Index ended in positive territory, adding 0.62% to close at 13,440.44. The S&P/TSX Capped Diversified Metals & Mining Index, however, slipped 0.2% to 437.39, while the S&P/TSX…
Stock Markets/Investing
US markets finish higher, March 28-April 1
U.S. Federal Reserve Chair Janet Yellen’s remarks last week that the central bank should take a “cautious” approach to raising interest rates, buoyed markets. The Dow Jones Industrial Average rose…
CanAlaska Uranium regains momentum in the Athabasca
VANCOUVER — Project generator CanAlaska Uranium (TSXV: CVV; US-OTC: CVVUF) has been on a rough run since the Fukushima Daiichi nuclear disaster rocked the uranium industry in mid-2011, but the uranium junior…
TSX Venture edges down, March 21-24
The S&P/TSX Venture Composite Index peaked at 585.59 points over the holiday-shortened trading period before falling to a 580.02-point close, or a 0.8-point loss, as commodities retreat on speculation of…
US equities tumble, March 21–24
U.S. indexes snapped five weeks of gains after terrorist attacks in Brussels, which left 35 dead and hundreds injured, shook global markets. The S&P 500 Index fell 0.7% to 2,035.94…
Canada’s benchmark index slips, March 21-24
A terrorist attack at the airport and a subway station in Brussels that left 35 people dead just before the Easter holiday chilled global markets. The S&P/TSX Composite Index closed…
Red Cloud revitalizes mining investment
In early March, Red Cloud Klondike Strike unveiled a regulated investment platform for mining companies to raise financings by accessing a larger pool of investors. So far, the Red Cloud…
CEO interview: Rubicon’s Winship discusses Phoenix error
Michael Winship, a mining engineer, joined the board of Rubicon Minerals (TSX: RMX; US-OTC: RBYCF) in 2011 and was appointed the company’s interim-president and CEO in October 2015. Rubicon started…
TSX Venture at seven-month high, March 14-18
The rally in commodity markets is stoking the S&P/TSX Venture Composite Index, gaining 0.8%, or 4.47 points, to a 580.82-point close. Spot gold traded near its one-year high, closing up…
US stocks climb, March 14–18
The U.S. Federal Reserve’s decision to cut interest rate hikes this year due to a weak global environment helped lift U.S. indexes. The central bank held its benchmark interest rate…
Canada’s benchmark index dips slightly, March 14-18
The U.S. Federal Reserve kept interest rates on hold, spot gold rose to US$1,255 per oz. (up US$4.90) and the April contract for North American benchmark crude dropped in price…
Rio Tinto could be ready for a Turquoise Hill takeover, analysts say
VANCOUVER — It’s not a secret that many in the mining community are pretty bullish on copper’s long-term prospects. There’s some disagreement over the timeline for recovery, but typical analyst…