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Wed 4:09 pm

Wall Street plunges on worries over rising interest rates

U.S. stocks slid Wednesday, continuing their sell off after an upbeat private sector ADP jobs report and September manufacturing data prompted concerns about the Fed raising rates sooner rather than later.

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Wednesday, October 01, 3:49 pm

Gold edges higher by 0.3% on safe haven demand, US crude down 0.5%

Gold rose today at the beginning of the fourth quarter as investors dumped riskier assets like stocks for the safety of gold. Gold for December inched up 0.3 percent to finish at $1,215.50 an ounc...


9:12 pm

Red Mountain Mining makes new silver-copper discovery at Camo

Red Mountain's ongoing drilling program has today delivered some impressive high-grade silver-copper  which represent a new discovery at the Camo target. The company's shares will firm.


  • Iona Energy skids on Huntington field update

    Shares of Iona Energy (CVE:INA) tumbled more than 46 percent after the oil and gas company, with assets in the UK North Sea, said its Huntington field will be be shut down sooner than previously anticipated on October 18th, and will be reduced until then. 

  • TSX retreats for third day as banks fall

    Canadian shares dropped as banks weakened on worries about the appreciation of the U.S. dollar. The Standard & Poor’s/TSX Composite Index (TSE:OSPTX) dropped 0.5 percent to 14,885.70 at 12:09 p.m. in Toronto. Five shares declined for every three stocks that advanced. Six out of the 10 share groups retreated.  The benchmark has dropped in eight of its past nine sessions.

  • Cyprium creates short-term path to cash flow by securing 5-yr access to Mexico mill

    Cyprium Mining (CVE:CUG)(CVE:CUG.DB) has ensured it will begin generating revenues in the near term by securing the exclusive use of a 100-metric tons per day flotation plant in northern Mexico, which it says will eventually be used by the company once its Las Cristinas project commences production.

  • ITUS subsidiary gets positive ruling in Microsoft patent dispute

    ITUS (OTCQB:ITUS) says its subsidiary Secure Web Conference Corp has received a positive ruling from the U.S. Patent and Trademark Office in a patent dispute with Microsoft. 

  • Klondex boosts mineral resources at Midas after just 7 months of ownership

    Klondex Mines (TSE:KDX) (OTCQX:KLNDF) has bolstered the mineral resources at its operating Midas underground gold mine in Nevada, which was acquired in February of this year and is the reason behind the gold company's fast transistion to a producer.

  • Cyprium climbs as high grade massive sulphide veins intersected at Las Cristinas

    Shares of Cyprium Mining (CVE:CUG)(CVE:CUG.DB) jumped by over 10 percent after the company said it intersected high grade massive sulphide veins in the first phase of drilling at its Las Cristinas property in Mexico. 

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