TSX Venture loses ground, Aug. 31-Sept. 4
The S&P/TSX Venture Composite Index returned to negative territory during trading, as it dropped 3.06 points en route to a 552.61-point close.
Stock Markets/Investing
Short Position Report
TSX Short Positions Short positions outstanding at Aug….
Letter to the editor: Juniors are best at finding deposits
The interview of Rick Rule, chairman of Sprott U.S. Holdings, in last week’s issue includes some observations on the nature of the junior exploration sector that I take issue with. The junior sector has always consumed a prodigious amount…
Freeport-McMoRan on a broad cost-cutting spree
VANCOUVER — Freeport-McMoRan (NYSE: FCX) has been carrying out business-wide spending cuts that it calls an “aggressive response” to weak market conditions.
US stocks swoon before recovering mid-week, Aug. 24-28
U.S. equities were in free-fall during the first two days of the week, as Chinese stock indexes plunged nearly 9% and 8%, respectively — among their worst performances since December 1996 — while the price of West Texas Intermediate…
TSX ends up higher, Aug. 24-28
The Toronto Stock Exchange finished in positive territory as investors took in higher oil prices and news that the Chinese government cut interest rates again to bolster its slowing economy. The S&P/TSX Composite climbed for four…
TSX Venture bounces back, Aug. 24-28
VANCOUVER — The S&P TSX Venture Composite Index rallied amidst a general market recovery during the Aug. 24-28 trading period, as it jumped nearly 3.4%, or 18.15 points, en route to a 555.67 point close.
Gold miners must lower costs, BMO’s Kaip says
VANCOUVER — It’s been a rough run for gold equities over the past few years, but recent performances by major and intermediate producers seem to hint at an industry that’s getting its balance sheets and cost structures in…
Editorial: Graphite and REE juniors are suffering, too
While they have a lower profile than the mining companies who are chasing after major commodities like gold, copper and iron, junior companies associated with graphite and rare earth elements have also endured a four-year bear market for their…
Stillwater retrenches in hopes of PGM recovery
VANCOUVER — Denver-based Stillwater Mining (TSX: SCW.U; NYSE: SWC) has made tough decisions in response to falling platinum group metal (PGM) prices, including layoffs and a focus on cost control that will hopefully better…
TSX drops sharply, Aug 17-21
The S&P/TSX Composite Index contracted five days in a row and finished at its lowest level in 18 months, down 5.6% to 13,473.67. The sell-off — mirrored in markets around the globe — was triggered by fears of a hard economic…
Interview: Market insights from Sprott’s Rick Rule
At the Sprott/Stansberry Natural Resource Symposium — held in Vancouver in late July — Rick Rule, chairman of Sprott U.S. Holdings Inc., spoke with The Northern Miner about the state of the mining industry and its future.