Canada’s main stock index fell 0.1% to 13,461.47 in the holiday-shortened trading week as Goldman Sachs trimmed its 2016 price forecasts for crude oil and the Bank of Canada said it would keep its key interest rate of 0.5% as the…
The S&P/TSX Venture Composite Index closed in the red for the second week after a loss of 1%, or 5.41 points, en route to a 547.20-point close. Falling energy futures drove losses , while the U.S. Federal Reserve and the Bank of England…
VANCOUVER — Sabina Gold & Silver (TSX: SBB; US-OTC: SGSVF) is working hard to outline a development scenario at its Back River gold project in Nunavut that is viable in light of challenging capital markets. On Sept. 13 the company…
VANCOUVER — Newly minted AuRico Metals (TSX: AMI; US-OTC: ARCTF) is poised to hit the ground running with a strong capital position and a portfolio of royalty assets that already make it cash flow positive.
Confirmation that Canada slipped into a narrow recession in the first half of the year (real gross domestic product contracted by 0.5% from April to June and by 0.8% from January to March), coupled with news that the unemployment rate in August…
The S&P/TSX Venture Composite Index returned to negative territory during trading, as it dropped 3.06 points en route to a 552.61-point close.
TSX Short Positions Short positions outstanding at Aug. 31/15 (with changes from Aug….
VANCOUVER — It’s been a rough run for gold equities over the past few years, but recent performances by major and intermediate producers seem to hint at an industry that’s getting its balance sheets and cost structures in…
The interview of Rick Rule, chairman of Sprott U.S. Holdings, in last week’s issue includes some observations on the nature of the junior exploration sector that I take issue with. The junior sector has always consumed a prodigious amount…
U.S. equities were in free-fall during the first two days of the week, as Chinese stock indexes plunged nearly 9% and 8%, respectively — among their worst performances since December 1996 — while the price of West Texas Intermediate…
VANCOUVER — Freeport-McMoRan (NYSE: FCX) has been carrying out business-wide spending cuts that it calls an “aggressive response” to weak market conditions.
The Toronto Stock Exchange finished in positive territory as investors took in higher oil prices and news that the Chinese government cut interest rates again to bolster its slowing economy. The S&P/TSX Composite climbed for four…
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