US markets inch higher, April 18-22
It was a relatively quiet week on the U.S. economic front. The Dow Jones Industrial Average finished at 18,003.75, a 0.6% gain, while the S&P 500 Index advanced 0.5% to…
Rio Tinto
Rio Tinto could be ready for a Turquoise Hill takeover, analysts say
VANCOUVER — It’s not a secret that many in the mining community are pretty bullish on copper’s long-term prospects. There’s some disagreement over the timeline for recovery, but typical analyst…
US stocks climb, Feb. 29-March 4
U.S. indexes rose on the back of higher commodity prices and a better-than-expected jobs report. The Dow Jones Industrial Average gained 2.2% to close at 17,006.77. The S&P 500 Index…
US markets slide, Feb. 1-5
Persisting fears of a global economic slowdown — along with mixed economic data in the U.S., and uncertainty about whether the Federal Reserve will raise interest rates this year — sent the Dow Jones Industrial Average down 1.6% to…
Forum CEO touts ‘exciting’ year on the Athabasca
VANCOUVER — It isn’t a particularly active year for the exploration community, but Forum Uranium (TSXV: FDC; US-OTC: FDCFF) is bucking the trend with a pair of drill programs it hopes will lead to another major discovery…
Moody’s puts 55 miners on review for downgrade
Moody’s Investors Service has put the credit ratings of 55 mining companies under review due to poor market conditions, noting this downturn marks a “unprecedented shift” for the mining industry.
Site visit: Alexco finds silver lining at Keno with Flame & Moth
KENO CITY, YUKON — There’s a wealth of history in the Yukon’s Keno Hill mining district, and Alexco Resource (TSX: AXR; NYSE-MKT: AXU) is out to prove there’s a lot of silver left to discover across its large land…
Short-term challenges remain for diamond sector
The long-term outlook for the diamond market is positive — with demand expected to outpace supply starting in 2019 — but in the short-term, the outlook remains challenging, the Antwerp World Diamond Centre and Bain & Co. state…
US stocks post slim gains, Dec. 4-10
The Dow Jones Industrial Average climbed 0.6% to finish the trading period at 17,574.75, while the S&P 500 Index inched up 0.1% to 2,052.23, and the Philadelphia Gold & Silver Index rose 0.4% to 47.37.
Uncertainty punishes US markets, Nov. 26-Dec. 3
Comments by Federal Reserve chair Janet Yellen about a stronger U.S. economy and the risks of delaying an interest rate hike, combined with lower-than-expected stimulus from the European Central Bank, and a mass shooting in southern California…
Rio Tinto joins Reservoir at Timok complex in Serbia
For any junior to entice a major to earn into an exploration project is impressive. To repeat that success with a different major on a separate set of concessions, and at a dismal time in the markets, is striking. Reservoir Minerals (TSXV: RMC;…
Reservoir Minerals teams up with Rio Tinto
For a junior company to entice a major to earn-into an exploration project is impressive. To repeat that success with a different major on a separate set of concessions, and, at a dismal time in commodity markets, is nothing short of amazing….