U.S. markets, Jan. 13-17
The story south of the border was a bit of a mixed bag as investors bought on positive earnings reports and rising industrial production, but sold on a decline in housing starts.
Agnico Eagle Mines Limited
Toronto Stock Exchange, Dec. 16-20
The S&P/TSX Composite Index jumped 273.90 points, or 2%, to 13,399.60 during the trading week after the U.S. Federal Reserve said it would trim its monthly bond-buying program by US$10 billion to US$75 billion, starting in January….
U.S. markets, Oct. 21-25
The Dow Jones Industrial Average climbed 170.63 points to 15,570.28, or 1.11%, and the S&P 500 rose 15.27 points to 1,759.77, or 0.88%. The Philadelphia Gold & Silver Index advanced 7.55 points to 99.72, or 8.19%.
Toronto Stock Exchange, Oct. 21-25
The period was a good one for gold, and as the yellow metal went up, so too did the broader index, with the S&P/TSX Composite Index up 250 points to 13,399.42 points, and gold up US$36 to US$1,352.50 per oz.
Agnico gears up La India for production
SONORA, MEXICO — Agnico Eagle Mines (TSX: AEM; NYSE: AEM) gets things done quickly: it’s on the cusp of producing gold from its La India mine in northern Mexico, less than two years after acquiring it from Grayd Resource.
Integra wants to add its name to Val-d’Or lore
Integra Gold’s (TSXV: ICG; US-OTC: KALRF) formula for getting through the current tough patch in the mining market is about as straightforward as it gets: the Vancouver-based company is driving its high-grade Lamaque gold project in…
Kootenay drives Promontorio to new heights
While investment in silver juniors has been sluggish for most of the year, Kootenay Silver (TSXV: KTN; US-OTC: COOYF) isn’t letting the malaise slow it down.
Probing Chapleau for more than just timber
CHAPLEAU, ONT. — Play the game of word association with anyone who has heard of the small town of Chapleau, located west of Timmins in northern Ontario, and lumber, wildlife and railcars are bound to come up.
Agnico pursues growth amid capital cuts
Despite the weaker gold price, slumping profits and spending cuts, Agnico Eagle Mines (TSX: AEM; NYSE: AEM) says it’s on track to grow its gold production to 1.2 million oz. by 2015.
Playing interest rates with mining stocks
To state that interest rates drive financial markets is to state the obvious. But defining the relationship between rates and mining stocks is a more difficult matter.
Agnico Eagle spends $66M to seal five strategic deals
VANCOUVER — For mining companies pursuing growth, it is a good time to buy. Several years of depressed base metal prices combined with a recent downturn in the gold price means junior miners and explorers are generally cheap, which is the…
Toronto Stock Exchange, May 27-31
The S&P/TSX Composite Index slipped during the trading week, losing 16.8 points to 12,650.42, as investors considered the bleak economic data coming out of Europe and the U.S.