Top Story

9:51 am

Valeant Pharmaceuticals licenses psoriasis drug from AstraZeneca

After Amgen, the originator of the skin condition treatment, abandoned brodalumab, Astra has called on the Canadian dermatology specialist to develop the drug.

Breaking News

Tuesday, September 01, 10:05 am

Penn West cuts workforce by 35% as commodity slide bites

The oil price crunch has led Canada producer Penn West Petroleum (TSE:PWT; NYSE:PWE) to reduce its staff by 35%, suspend the dividend and cut back on spending. The rationale behind the move is to ...

International

9:24 am

Falcon Oil & Gas off to a good start in Australia

The Falcon boss is clearly heartened by the results from the first well.

Articles

  • Falcon chief hails Aussie drill result as 'excellent start'

    Falcon Oil & Gas (LON:FOG, CVE:FO) chief Philip O'Quigley hailed as an “excellent start” the drill results from its first well in Australia’s Beetaloo Basin. Kalala S-1 intercepted more than 500 metres of shale gas with a net pay (the potentially economic portion) of 150 metres.


  • US stocks set for further falls after China data

    Tuesday is set for another sell-off in US markets after more disappointing Chinese macro data and continued unease about the timing of  a Fed interest rate rise.

  • Rare Earth Minerals speeds up drilling after Tesla supply deal

    The second rig has been mobilised to speed up drilling of the remaining holes at its Sonora Lithium project in Mexico.

  • Wall Street trades lower on worries over China growth, U.S. rate hike

    Wall Street traded lower on Monday as  amid investor concerns about slowing growth in the world’s second-largest economy China and the prospect of higher U.S. interest rates. The Dow Jones Industrial Average (INDEXDJX:.DJI) slid 0.5% to 16,567.01 at 3:33 p.m. in New York. The S&P 500 (INDEXSP:.INX) retreated 0.7% to 1,975.42. The Nasdaq Composite (INDEXNASDAQ:.IXIC) lost 1.1% to 4,779.21.

  • Low oil prices are here to stay

    The lower price environment is here to stay, longer than many of the key players anticipated.

  • TSX halts four-day rally on China worries

    Canadian shares fell, ending a four-day winning run, as investors continued to fret about a slowdown in China, the nation’s second-largest trading partner. The benchmark Standard & Poor’s/TSX Composite Index (TSE:OSPTX) fell 0.5% to 13,790.24 at 12:20 p.m. in Toronto. Five shares advanced for every stock that declined as six out of ten share groups were in the negative territory.

Archived Top Stories ►
  • Tango Mining boss delighted with BK11 diamond estimate

    Terry Tucker, chief executive of TSX Venture-listed Tango Mining (CVE:TGV) says the updated resource estimate from its BK11 Botswana...
    View full size
  • Anglo Pacific “has turned a corner”, says CEO Treger Share

    Julian Treger, chief executive of Anglo Pacific Group (LON:APF) (TSX:APY), says the company has turned a corner after managing to weather a...
    View full size
  • Aureus Mining CFO: Plenty more to come after New Liberty gold pour

    Paul Thomson, chief financial officer of Aureus Mining (LON:AUE) (TSE:AUE), says there’s plenty more to come from the company after it...
    View full size
  • Orosur Mining taking decisive steps to tackle gold price

    Ignacio Salazar, chief executive & director of Orosur Mining (LON:OMI) (TSE:OMI), explains the steps being taken by the Latin American miner...
    View full size
  • China yuan devaluation may be good for miners says IG Group’s Mahony

    Joshua Mahony, market analyst at IG Group, reckons the mining sector could be a long-term beneficiary of a weaker yuan. China’s devaluation...
    View full size
  • MOKO Social Media COO on niche audience opportunities

    The chief operating officer of MOKO Social Media (NASDAQ:MOKO), Shripal Shah, discusses the company’s unique approach when it comes to...
    View full size
  • Midatech Pharma chief: Ophthotech deal “significant piece of business”

    The chief executive of Midetech Pharma (LON:MTPH), Jim Phillips, provides more detail on the firm’s collaboration with US–listed Ophthotech...
    View full size
  • Caledonia Mining CFO eyes extra ounces from Blanket gold mine

    Caledonia Mining’s (LON:CMCL, TSE:CAL) finance chief, Mark Learmonth, says work on the firm’s Blanket mine in Zimbabwe mean more ounces of...
    View full size
  • MagneGas boss eyes revenue uplift from US metal cutting market

    The chief executive of Florida-based MagneGas (NASDAQ:MNGA), Ermanno Santilli, potential revenue from the metal cutting market in the United...
    View full size
  • Asiamet Resources chief on refreshed strategy

    Tony Manini, the chief executive of Asiamet Resources (LON:ARS) (CVE:ARS), formerly Kalimantan Gold, explains the new strategy and forward...
    View full size
  • VolitionRx chief says key milestones are within reach

    The chief executive of cancer diagnostics specialist Volition RX (NYSE:VNRX), Cameron Reynolds, says investors can expect the company to...
    View full size
  • Westhouse analyst Henderson on US vs OPEC oil dynamics

    Mark Henderson, director of oil & gas at Westhouse Securities, discusses the outlook for oil prices and the ongoing price war between the US...
    View full size