TSX Venture falls, Jan. 4-8
The S&P/TSX Venture Composite Index stayed near the lowest point in its history, falling 2.1%, or 10.99 points, to a 514.77-point weekly close.
Stock Markets/Investing
Dominion Diamond grapples with activist shareholders
Yellowknife-based Dominion Diamond (TSX: DDC; NYSE: DDC) is the latest Canadian miner to land in the cross hairs of activist shareholders. On Dec. 21, Toronto-based hedge fund K2 & Associates Investment Management emailed a letter…
Copper miners will ‘struggle for survival’, Canaccord says
VANCOUVER — It’s now a “survival of the fittest” story for copper miners, according to Canaccord Genuity analyst Peter Bures, and commodity markets might not offer much relief for at least two years. Over the past 12…
Torex CEO reflects on journey to first gold at Morelos
VANCOUVER — Nearly six years ago Torex Gold Resources (TSX: TXG; US-OTC: TORXF) consolidated a promising claim block 180 km southwest of Mexico City — called Morelos Norte — via a US$150-million deal with Teck…
Wall Street stocks down sharply, Jan. 4-8
The opening week of 2016 marked the worst first week in history for Wall Street stocks, as oil prices fell to their lowest level in more than a decade and concerns about slowing growth in China spooked global markets. Manufacturing data in…
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…
Short Position Report
TSX Short Positions Short positions outstanding at Dec….
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…
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…
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…
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…