Barrick moves towards leaner structure
VANCOUVER — Earlier this year Barrick Gold (TSX: ABX; NYSE: ABX) outlined a “back to the future” strategy that would see it become a “leaner and more agile” operator, focused on a core portfolio of assets and…
Stock Markets/Investing
TSX inches up, June 22-26
Canada’s benchmark index added 1% to finish at 14,808.09, despite concerns rising over the Greek debt crisis. The S&P/TSX Capped Diversified Metals & Mining Index, however, slipped 0.8% to 695.56. The S&P/TSX Global Gold Index…
TSX Venture declines, June 22-26
The S&P/TSX Venture Composite Index closed in the red during the trading period, as the Greek debt crisis took a toll on markets and energy futures lost ground. In addition to falling oil prices, Canadian traders reacted to policy…
Carlisle CEO says Lynn Lake is a ‘project for our times’
VANCOUVER — The exploration game is afoot for Carlisle Goldfields (TSX: CGJ; US-OTC: CGJCF) across its expansive land package at the Lynn Lake gold camp in Manitoba. The company never lacked drill targets or historic data on the 350 sq….
US equities rise, June 15-19
U.S. stocks eked out gains, despite concerns about whether Greece would reach a deal with its lenders to avoid a default. The Dow Jones Industrial Average climbed 0.6% to 18,014.28, while the S&P 500 Index added 0.7% to 2,109.99. The Nasdaq…
TSX Venture closes flat, June 15-19
The S&P/TSX Venture Composite Index gained slightly during the trading period, as it jumped 1.75 points before finishing at 683.89 points. Gold futures closed in the green, while base metal and energy markets failed to generate much…
Corvus CEO sees exploration upside at North Bullfrog
VANCOUVER — Corvus Gold (TSX: KOR) hit a milestone with the release of a preliminary economic assessment (PEA) on its 75 sq. km North Bullfrog gold-silver project 10 km north of Beatty, Nev. The study has intriguing economics, but CEO…
TSX slips again, June 15-19
Canada’s benchmark index dropped 0.6% to finish at 14,653.12, amidst fears that Greece could default on its debt, and lower-than-expected Canadian retail sales in April. The S&P/TSX Capped Diversified Metals & Mining Index fell 4%…
Short Position Report
TSX Short Positions Short positions outstanding at June 15/15 (with changes from May…
US stock indexes flat, June 8-12
Concerns over a stalemate in Greece’s debt talks and improving economic data in the U.S. that could accelerate interest rates kept the lid on U.S. equities during the trading week. The Dow Jones Industrial Average advanced 0.3% to finish…
TSX Venture stumbles, June 8-12
The S&P/TSX Venture Composite Index fell for a second week during the trading period despite a slight uptick in commodity futures, as it lost 1.1%, or 7.71 points, before closing at 682.14 points.
West Kirkland CEO talks development plans at Hasbrouck
VANCOUVER — The path to production is coming into focus for West Kirkland Mining (TSXV: WKM; US-OTC: WKLDF) at its Hasbrouck gold project near the town of Tonopah, Nev. The company is hoping to use a two-stage development strategy that…