Richmont Mines (RIC-T, RIC-X) has found itself in a tough spot, with its shares sinking to a new 52-week low, after taking the Francoeur gold mine offline and scrapping its exploration efforts on the Wasamac gold property, both near…
VANCOUVER — The S&P TSX Venture Composite Index fell 38.1 points, or 3%, during the Nov. 26-30 trading sessions before closing the week at 1,220.90 points. Global economic news continues to be mixed, with ongoing negotiations over the…
Investors remained cautious about the outlook for negotiations to avoid the “fiscal cliff” in the United States, but a strong earnings season for Canadian banks helped lift the S&P/TSX Composite Index 26.12 points or 0.21% to…
During the Nov.26-30 trading week investors paid close attention to U.S. lawmakers negotiating a budget deal to avoid the approaching “fiscal cliff” or automatic tax hikes and government spending cuts set to start on Jan. 1, 2013….
The Toronto stock market gained during the trading week as investors looked forward to a positive U.S. holiday retail season and good news coming out of Europe regarding Greece’s bailout plan.
The TSX Venture Exchange made a modest gain of 12 points to 1,258.97 points for the period as global markets shrugged off their past selling ways and embraced a more positive outlook on the state of the world.
Business partners Ian Slater and Robert Bell first set their sights on Kazakhstan mineral potential not long after the country declared independence from the Soviet Union in the early 1990s. Two decades later, their vision of developing a…
Auriga Gold (AIA-V) wants to bring the Puffy gold mine in northwestern Manitoba back to life — only this time, as a more modest and efficient operation.
Cliffs Natural Resources (CLF-N) is hitting the brakes on its iron ore operations in North America, as fundamentals for the metal weaken with unstable prices and a drop in North American steelmaking.
U.S. stock markets were closed for the Thanksgiving holiday on Nov. 22, and many Americans marked the occasion with a shopping spree. According to the National Retail Federation, 89 million Americans shopped online and in stores on Black…
Spot pricesCourtesy of ScotiabankTuesday, November 27, 2012Precious MetalsPrice…
Low operating costs and proximity to steel mills in Europe and the Middle East make Black Iron’s (BKI-T) Shymanivske iron ore project in the Ukraine a compelling proposition, despite fluctuations in the iron ore price, the Toronto-based…
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