TSXV edges lower during shortened Aug. 8-11 trading week
The S&P/TSX Venture Composite Index retreated by 0.52 point or 0.08% over the shortened Aug. 8-11 trading session to end at 607.14. Leading in terms of value gainers was Arbor…
Metals and Minerals Markets
TSX wrap for week of August 8: Base metals drop as Franco-Nevada prints cash
Over the shortened Aug. 8-11 trading week, the S&P/TSX Composite Index gained 171.53 or 0.8% to 20,407.57. The S&P/TSX Global Mining Index lost 1.02 points or 0.94% to 107.27, and…
NYSE posts mixed results for Aug. 7-11 as investors pause after strong rally this year
U.S. markets rose and fell modestly during the week following a strong AI-led rally this year that prompted some investors to pull back even as economic growth and inflation performed…
Commentary: Like Frodo, we should embrace our enemy’s enemy
Professor J.R.R. Tolkien died 50 years ago, and we can learn from his hero in Lord of the Rings, Frodo Baggins, who made an expedient choice for his guide into…
Triple Flag shares rise following another quarter of record results, dividend hike
Triple Flag Precious Metals (TSX: TFPM, NYSE: TFPM) saw a bump in its share price Wednesday on the back of record quarterly results and another dividend hike. The stock closed…
Ramaco shares dive as coal outlook softens, board okays rare earths buildout
U.S.-based coal miner Ramaco Resources (NASDAQ: METC) saw its stock price fall over 13% on Wednesday amid lower sales expectations due to higher production costs in the coming months. That…
Nunavut copper finds send Aston Bay Holdings shares jumping
Shares in Australian-Canadian exploration partners American West Metals (ASX: AW1) and Aston Bay Holdings (TSXV: BAY) shot to 12-month highs on Tuesday after announcing a major copper discovery at the…
How chilly relations with China are playing out for Canada’s miners
As the world’s largest metal consumer, the second largest economy in the world, and the largest funder of overseas metal projects, China’s impact on the mining business globally cannot be…
TNM Drill Down: Musgrave hits bonanza grades at Cue
Our TNM Drill Down features highlights of the top gold assays from July 28 to Aug. 4. Drill holes are ranked by gold grade x width, as identified by our…
Lundin’s Fruta del Norte drilling could ‘open doors’ to resource growth
Lundin Gold’s (TSX: LUG) largest drill program since 2007 in the Fruta del Norte (FDN) district in southeast Ecuador has confirmed the continuity and expansion potential of recent discoveries Bonza…
Alamos feasibility reveals big reserves increase, capex required
An updated feasibility study on Alamos Gold’s (TSX: AGI; NYSE; AGI) Lynn Lake project in Manitoba, Wednesday showed a big increase in reserves, but also a big increase in expected…
Niger coup does little to move uranium price
The global uranium industry is bracing for potential fallout from a recent military coup in Niger, accounting for about 5% of global nuclear fuel production. Several miners active in Niger…