The S&P/TSX Composite Index gained for the fourth straight week, up 77.51 points to close at 14,690.83. Gold and diversified miners both added 10 points, with the S&P/TSX Global Gold Index ending at 144.86 and the S&P/TSX Capped…
After six straight weekly declines, Canada’s main stock exchange ended the trading week in positive territory — but just barely. The S&P/TSX Composite Index rose 0.32 of a point to 14,227.68, while the S&P/TSX Capped…
VANCOUVER — It’s been nearly three years since developer Rubicon Minerals (TSX: RMX; NYSE-MKT: RBY) started construction at its high-grade Phoenix gold mine in Ontario’s prolific Red Lake camp.
The S&P/TSX Composite Index tumbled during the shortened trading week, losing nearly 19 points to 15,196.31. The S&P/TSX Capped Diversified Metals & Mining Index fell 15.57 points to 903.70. But gold miners stayed strong, with the…
Poor jobs data showing that Canada lost 9,400 jobs in June, sending the unemployment rate up to 7.1% from 7% in May, put pressure on the Canadian dollar and the S&P/TSX Composite Index. The dollar ended the week at $1.0734 to the greenback,…
An insurgency by a radical Islamist group in Iraq and renewed tensions in the Ukraine put downward pressure on U.S. equity markets during the week, but pushed oil and gold prices up, lifting the fortunes of many precious metal companies. The…
It was a weak showing for the U.S. markets, as the Dow Jones Industrial Average fell 388 points to 16,026.75, the S&P 500 was down 48 points to 1,815.69 and the Nasdaq Composite was off 111 points to finish up at 3,999.73.
The S&P/TSX Composite Index fell 135.41 points during the trading week to close at 14,257.69. The S&P/TSX Capped Diversified Metals & Mining Index jumped 12.55 points to 814.81. The S&P/TSX Global Gold Index slipped 1.07 points…
Royalty and streaming companies make good investments, argue Raymond James analysts Alex Terentiew and Ross Yakovlev in a recent note.
VANCOUVER — A US$75-million gold-streaming deal with Royal Gold (TSX: RGL; NASDAQ: RGLD) has given Rubicon Minerals (TSX: RMX; NYSE-MKT: RBY) almost half the money it needs to finish building an underground gold mine at its Phoenix…
The S&P 500 Index posted the first weekly gain in a month, rising 0.81% to 1,797.02, while the Dow Jones Industrial Average inched 0.61% higher to close at 15,794.08. The U.S. Labor Department reported that the country’s unemployment…
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.
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