TSX Venture posts strong gains, Feb. 15-19
The S&P/TSX Venture Composite Index hit a three-month high, rising 3.8%, or 19.65 points, to a 530.79-point close, boosted by strong metal prices.
Stock Markets/Investing
Western Lithium: a producer in the making?
VANCOUVER — Management of Western Lithium (TSX: WLC; US-OTC: WLCDF) finds itself in a fortuitous position following the recent surge of interest in the global lithium industry. The company negotiated a merger with South American…
First Quantum’s US$5B debt creates ‘material uncertainty’
VANCOUVER — It’s a sign of the times that analysts tend to pay more attention to balance sheet health than production metrics during quarterly report season, and First Quantum Minerals (TSX: FM; LON: FQM) did little to…
Video: ‘At the Bar’ featuring Brent Cook, Mickey Fulp and more at VRIC 2016
Capstone outlines strategy to combat low copper price
VANCOUVER — Management at Capstone Mining (TSX: CS) acknowledged some of the questions surrounding its balance sheet during a mid-February conference call scheduled to discuss its financial performance last year. The spectre of…
Goldcorp invests in Gold Standard Ventures
Goldcorp (TSX: G; NYSE: GG) has become the second gold miner in less than a year to take a strategic stake in Gold Standard Ventures (TSXV: GSV; NYSE-MKT: GSV) and its Railroad land package in Nevada.
Arizona Mining has a ton of upside at Taylor
VANCOUVER — When it comes to opportunities in the junior space that tick all the boxes for mineral development, there aren’t many that can match Arizona Mining (TSX: AZ) and its emerging Taylor zinc-lead-silver deposit, 80…
Pure Energy’s head start on Nevada lithium rush
VANCOUVER — The buzz around the North American lithium market that began last year has blossomed into a full-blown exploration cacophony, with Canadian juniors flocking to stake ground in marketable proximity to Elon Musk’s…
Franco CEO touts ‘opportunity-rich’ market after Glencore deal
VANCOUVER — Franco-Nevada (TSX: FNV; NYSE: FNV) will pay US$500 million for a gold-silver stream from Glencore’s (LSE: GLNE) large Antapaccay copper mine in Peru’s Cusco region.
US stocks slide, Feb. 8-12
U.S. equities rallied on Feb. 12, ending five days of losses in the S&P 500 Index, but not enough to post a weekly gain. The S&P 500 lost 0.8% to finish at 1,864.78. The Dow Jones Industrial Average fell 1.4% to 15,973.84 and the…
TSX hits ‘wall of worry’, Feb. 8-12
It was a volatile week, as investors — worried about the state of the global economy — fled stocks and sought safe-haven assets like gold, driving the price up 5.5% to US$1,237.90 per oz. (Gold hit a one-year high of US$1,262.90 per…
Editorial: Negative interest rates give gold a boost
One of the themes already emerging for 2016 is the oxymoron of “negative interest rates.” And if you’re a gold bug who’s been loving the low interest rates of recent years, you’re over the moon about this…