Sabina suffers permit setback at Back River
VANCOUVER — The future of Sabina Gold and Silver’s (TSX: SBB; US-OTC: SGSVF) promising Back River gold property, 400 km southwest of the community of Cambridge Bay in Nunavut, has…
Stock Markets/Investing
Kaminak filings reveal multiple potential bids for Coffee
VANCOUVER — In early May, Goldcorp (TSX: G; NYSE: GG) launched a $520 million, all-share bid for explorer Kaminak Gold (TSXV: KAM; US-OTC: KMKGF) and its feasibility-stage Coffee gold project in…
TSX Venture posts strong gains, June 6-10
The S&P/TSX Venture Composite Index jumped 3.2%, or 21.87 points, to a 715.59-point close, as gold prices climb towards four-week highs. Spot gold gained 2.4%, or US$30.04, to a US$1,274.24…
TSX edges lower, June 6-10
Canada’s unemployment rate in May fell to 6.9%, its lowest level since July 2015, but the news was tempered by worries about slowing global economic growth and concerns that Britain…
Wall Street mixed, June 6-10
U.S. stocks were mixed amidst concerns about the global economy. The Dow Jones Industrial Average posted a weekly gain of 0.3% to finish at 17,865.34, while the S&P 500 Index…
TSX returns to a bull market, May 30–June 3
The S&P/TSX Composite Index rose nearly 0.9% to close at 14,226.78, up 20% from its Jan. 20 low, and marking a return to a bull market. The S&P/TSX Global Mining…
U.S. equities hold steady, May 30-June 3
Economic data was mixed with reports that U.S. consumer spending in April posted its sharpest increase in more than six years, while jobs data showed that non-farm payrolls in May…
TSX Venture Exchange rallies, May 30-June 3
The S&P/TSX Venture Composite Index gained 3.8%, or 25.18 points, to a 693.72-point close, while gold prices strengthened on doubts that the U.S. Federal Reserve would hike interest rates in…
NexGen scores US$60M from Hong Kong billionaire
VANCOUVER — Explorer NexGen Energy (TSXV: NXE; US-OTC: NXGEF) made headlines earlier this year with an eye-opening maiden resource at its high-grade Arrow uranium deposit in Saskatchewan’s Athabasca basin, and…
TSX Venture falls, May 23-27
The S&P/TSX Venture Composite Index fell 2.6%, or 17.6 points, to a 668.54-point close over the trading period. Spot gold hit a three-month low, falling 3.2%, or US$39.60, to US$1,212.38…
US stocks surge, May 23–27
U.S. indexes gained ahead of the Memorial Day weekend, after U.S. Federal Reserve Chair Janet Yellen hinted at a possible interest rate hike in the coming months. The Dow Jones…
TSX posts slight gain, May 23-27
The Bank of Canada kept its target for the overnight lending rate at 0.5% and estimated that the wildfires in Alberta would knock 1.25 percentage points from real gross domestic…