TSX Venture falls, Oct. 19-22
The S&P/TSX Venture Composite Index fell 1.6%, or 8.96 points, to close at 547.8 points, as gold prices dropped 1.8%, or US$21.4, before closing at US$1,166.1 per oz. gold, and US/CAD gained 1.7% to C$1.30.
Stock Markets/Investing
US equities post marginal gains, Oct. 9-15
A slowing global economy pushed U.S. industrial production down 0.2% in September, following a 0.1% drop in August, while producer prices slid 0.5% last month, the largest drop since January, and retail sales rose just 0.1%. The…
TSX dips, Oct. 9-15
The S&P/TSX Composite Index fell 1% during the Thanksgiving holiday-shortened period to finish Oct. 15 at 13,828.97. The S&P/TSX Capped Metals & Mining Index tumbled 3.7% to 469.58, while the S&P/TSX Global Gold Index jumped…
TSX Venture edges higher, Oct. 9-15
The S&P/TSX Venture Composite Index rose 1.8%, or 9.67 points, to close at 556.71 points, as gold prices gained 2%, or US$24, before closing at US$1,181.3 per oz. gold.
Short Position Report
Short positions outstanding at Oct. 15/15 (with changes from Sept. 30/15).
TNM Roundtable: Industry leaders debate new finance frontiers
Industry leaders weighed in on alternative financing at The Northern Miner’s roundtable discussion titled “New Frontiers in Mining Finance,” held in the offices of Newport Private Wealth in Toronto in early October. The…
US stocks rise, Oct. 2-8
U.S. equities advanced, with the Dow Jones Industrial Average climbing 4.8% to 17,050.75. The S&P 500 Index advanced 4.7% to 2,103.43 for its highest level in seven weeks. The Nasdaq Composite jumped 4% to 4,810.79. The spot price for gold…
Suncor goes hostile on Canadian Oil Sands
VANCOUVER — Low crude oil prices have driven market valuations in the energy industry to historic lows, and Suncor Energy (TSX: SU; NYSE: SU) is hoping to take advantage of the downcycle with a hostile bid for Canadian Oil Sands…
Higher oil and gold lift TSX, Oct. 2-8
Stocks gained ground as higher oil prices lifted the energy-heavy Toronto Stock Exchange, while the prospects of an interest rate increase in the U.S. receded further into the background. Brent crude futures posted four straight closes above…
Editorial: Navigating the new terrain of mine financing
In early October, The Northern Miner was privileged to play host to a roundtable discussion bringing together some of the heaviest hitters and nimblest minds on Bay and Howe streets to hash out the state of alternate finance methods in the…
TSX Venture rises, Oct. 2-8
The S&P/TSX Venture Composite Index rose 4.1%, or 21.5 points, en route to a 547.04-point close.
Short Position Report
Short positions outstanding at Sept. 30/15 (with changes from Sept. 15/15).