TSX Venture bounces back, Aug. 24-28
VANCOUVER — The S&P TSX Venture Composite Index rallied amidst a general market recovery during the Aug. 24-28 trading period, as it jumped nearly 3.4%, or 18.15 points, en route to a 555.67 point close.
Stock Markets/Investing
Editorial: Graphite and REE juniors are suffering, too
While they have a lower profile than the mining companies who are chasing after major commodities like gold, copper and iron, junior companies associated with graphite and rare earth elements have also endured a four-year bear market for their…
Interview: Market insights from Sprott’s Rick Rule
At the Sprott/Stansberry Natural Resource Symposium — held in Vancouver in late July — Rick Rule, chairman of Sprott U.S. Holdings Inc., spoke with The Northern Miner about the state of the mining industry and its future.
US stocks fall, Aug.17-21
U.S. equities tumbled as investors took in new data signaling a slowdown in China and a report that showed an unexpected rise in U.S. crude stockpiles, fuelling concerns of a global oil surplus. The S&P 500 Index and the Dow Jones…
TSX Venture plummets, Aug. 17-21
The S&P TSX Venture Composite Index hovered near historic lows during the Aug. 17-21 trading sessions, as it lost 6.2% or 35.69 points en route to a 537.52 point weekly close. Crude oil futures sat close to a six-year low, while the U.S….
Stillwater retrenches in hopes of PGM recovery
VANCOUVER — Denver-based Stillwater Mining (TSX: SCW.U; NYSE: SWC) has made tough decisions in response to falling platinum group metal (PGM) prices, including layoffs and a focus on cost control that will hopefully better…
TSX drops sharply, Aug 17-21
The S&P/TSX Composite Index contracted five days in a row and finished at its lowest level in 18 months, down 5.6% to 13,473.67. The sell-off — mirrored in markets around the globe — was triggered by fears of a hard economic…
Editorial: Commodities prices follow China’s economy south
China’s slowing economy and sinking stock market are wreaking havoc on already oversupplied commodity markets around the globe.
Short Position Report
Short positions outstanding at Aug. 15/15 (with changes from July 30/15).
US markets edge higher, Aug. 10-14
A mixture of indicators puzzled investors in U.S. equities, as positive economic data suggested the Federal Reserve would raise interest rates in September, while China’s devaluation seemed to lessen the odds that the U.S. central bank…
TSX Venture declines, Aug. 10-14
The S&P/TSX Venture Composite struggled late in the week despite a jump in gold futures, as it dropped 3.39 points en route to a 573.21-point close. Energy and base metal futures finished in the red, and the Chinese currency devaluation…
TSX posts marginal dip, Aug. 10-14
The surprise devaluation of China’s currency on Aug. 11 pulled many base metal prices lower on fears that demand from the world’s largest buyer of metals would fall. The price of safe-haven gold, by contrast, rose 1.8% to finish at…