TSX drops, Jan 4-8
Canada’s benchmark index posted a triple-digit loss in the new year. The S&P/TSX Composite Index fell 4.3%, or 564.5 points to 12,445.45, despite a positive jobs report. The S&P/TSX Capped Diversified Metals & Mining Index…
Stock Markets/Investing
Short Position Report
TSX Short Positions Short positions outstanding at Dec. 31/15 (with changes from Dec….
US stocks stay afloat, Dec. 23-31
The Dow Jones Industrial Average and S&P 500 Index both failed to register annual gains, while posting small gains during the trading period. The Dow added 7.7 points to end at 17,425.03, down 2.2% for the year. This is its first annual…
TSX Venture finishes 2015 in the green, Dec. 23-31
The S&P/TSX Venture Composite Index finished the year with a late rally owing to rising energy and base metal futures, as it gained 4.7%, or 23.62 points, en route to a 525.66-point close.
TSX finishes lower, Dec. 23-31
Sliding commodity prices and worries about slowing global growth sent the resource-heavy Toronto stock market down 11% to end 2015 at 13,000.95 — its worst performance since the financial crisis of 2008. Spot gold finished 2015 at…
Editorial: The new year starts with a lurch
Those returning to work on Jan. 4 with a bit of optimism for the mining industry after a brutal 2015 were hit with a sick feeling in the stomach as global markets dove on the first day of trading in the new year, in defiance of the usual…
US equity indexes slip, Dec. 18-22
The U.S. Commerce Department reported gross domestic product grew at a 2% annual pace in the third quarter, while U.S. home resales for the month of November posted their steepest decline in five years. Prices for Brent crude for February…
Almaden has new strategy at Ixtaca after mill agreement
VANCOUVER — It’s been a busy 12 months for Almaden Minerals (TSX: AMM; NYSE-MKT: AAU), and it wrapped up the year with an option agreement for mill infrastructure that will drop development capital requirements at its Ixtaca…
Otis Gold CEO anticipates ‘exciting’ drill results at Kilgore
VANCOUVER — Explorer Otis Gold (TSXV: OOO; US-OTC: OGLDF) hasn’t let tepid market conditions impact its vision for an open-pit, heap-leach gold mine at its Kilgore project roughly 50 km due northeast of the town of Dubois, Idaho. The…
TSX Venture remains near all-time lows, Dec. 18-22
The S&P/TSX Venture Composite Index sits near the lowest point in its history, despite posting marginal gains during trading, as it jumped 3.83 points, en route to a 502.04-point weekly close. In global economic news, China’s…
TSX posts small gains, Dec. 18-22
The Toronto stock market ended in positive territory, with the S&P/TSX Composite Index gaining 0.5% to close at 13,082.86. The S&P/TSX Global Mining Index climbed 4.5% to 43.70, while the S&P/TSX Capped Diversified Metals &…
Short Position Report
Short positions outstanding at Dec. 15/15 (with changes from Nov. 30/15).