Investors took comfort in the fact that unemployment claims in the U.S. fell more than expected, which helped bolster all three big indexes south of the border. The Dow Jones Industrial Average was up 165 points to 14,712.55, the S&P 500…
Investors took comfort in the fact that unemployment claims in the U.S. fell more than expected and that helped bolster all three of the big indices south of the border for the April 22-26 period.
The S&P 500 Index hit an all-time closing high early in the trading week at 1,570.25 points, but disappointing jobs data released on April 5 sent the index down 1% for the week to 1,553.28. The Dow Jones Industrial Average closed down 0.10%…
VANCOUVER — Goldman Sachs has cut its iron ore price forecasts and downgraded its Rio Tinto (RIO-N, RIO-L) recommendation from “neutral” to “sell.” The reason? More than 90% of the company’s 2012 earnings…
VANCOUVER — A preliminary economic assessment (PEA) for the Decar project in central B.C. estimates an open-pit mine at the site could produce nickel commercially for joint-venture owners First Point Minerals (FPX-T) and Cliffs Natural…
Stocks continued their upward trajectory during the holiday-shortened trading week despite lacklustre U.S. economic data, with both the Dow Jones Industrial Average and the S&P 500 Index hitting record highs, as tensions over Cyprus waned…
Stocks continued their upward trajectory during the holiday-shortened trading week despite lackluster U.S. economic data, with both the Dow Jones Industrial Average and the S&P 500 hitting record highs as tensions over Cyprus waned and ever…
The Dow Jones Industrial Average ended a 10-day winning streak, but eked out a 0.81% gain to close at 14,514.11, while the S&P 500 Index climbed 0.61% to finish at 1,560.70. Data showing growth in U.S. manufacturing and retail sales was…
The first week of March was dominated by the Prospectors and Developers Association of Canada’s mega-convention in Toronto, with 30,147 investors, analysts, mining executives, geologists, government officials, students and international…
VANCOUVER — The mining sector has seen more than its fair share of writedowns of late.
VANCOUVER – The mining sector has seen more than its fair share of writedowns of late.
VANCOUVER — A preliminary feasibility study has concluded the East and West iron ore deposits at Champion Iron Mines’ (CHM-T) Consolidated Fire Lake North (CFLN) project could produce 9.3 million tonnes of concentrate grading 66%…
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