Top Story

Fri 3:08 pm

U.S. stocks on pace for fourth week of gains; Dow up almost 17% so far this year

U.S. markets rose on Friday after positive economic reports that boosted investor sentiment to recover losses from the previous session, with benchmark indexes set to record their fourth straight week of gains and close at another set of record highs. 

Breaking News

Friday, May 17, 4:24 pm

Tesoro gets approval for refinery purchase

Tesoro Corp.'s (NYSE: TSO) shares soared higher after the Federal Trade Commission approved its purchase of BP's refinery operations in southern California. Tesoro will pay $1.2 billion for the ...

International

Sun 6:47 pm

Dow Jones and S&P 500 continue record breaking run

U.S. stocks again hit all-time-records on Friday, as positive economic reports boosted investor sentiment. Gold in the spot market has fallen to US$1346 an ounce. In the pre-open markets the Dow lower by 12 points at ...

Articles

  • Gold seen to grind even lower with consequences: Sharps Pixley

    Gold prices on the Comex continued to slide Friday, with the yellow metal trading down for the seventh consecutive session, the commodity’s most protracted series of losses since early 2009. The most active market, gold for June delivery, dropped as low as $1357.60 per ounce in intraday trading, from an open of $1385.20, shedding almost two per cent.

  • Investors look back on Facebook's timeline one year after IPO

    Notwithstanding the controversy, the IPO was the biggest in Internet history. Facebook raised $16 billion, also ranking it as the third highest IPO in U.S. history.  It's a feat beyond what Zuckerberg, who claims he never wanted to actually run a company in the first place, ever dreamed.

  • Canadian shares rise as upbeat U.S. data lifts energy producers

    Canadian shares gained a second day as energy producers climbed after positive economic reports from the U.S., the country's largest trading partner, indicated economic growth is gaining momentum, outweighing declines in mining stocks. The resource-heavy benchmark Standard & Poor’s/TSX Composite Index (TSE:OSPTX) added 0.4 percent to 12,557.31 at 12:33 p.m. in Toronto on Friday. Nine of ten groups gained.

  • Massive physical buying not enough to compensate for sizable net outflows from gold ETFs

    The World Gold Council says in its most recent report that a global spike in gold jewelry buying over the first three months of the year was insufficient to compensate for sizable net outflows from gold exchange traded funds in the same period.

  • Sacre-Coeur Minerals' constant work to refine procedures pays off with low cash costs

    Amid declining gold prices, several miners are struggling to keep costs down, but Sacre-Coeur Minerals (CVE:SCM) (OTC:SCRMF) is not one of them. The company boasts all-in cash production costs of less than $500 an ounce at its alluvial/elluvial operations in Guyana. 

  • Bargains are on the way, says Rick Rule

    If you think the pain in the resource sector is over, Rick Rule will gladly give you a reality check. But, the chairman of Sprott U.S. Holdings says being brash in a bear market where there is no competition will pay off.

  • Pressure BioSciences rallies on potential new method for screening GI system using core PCT technology

    Pressure BioSciences, (OTCQB: PBIO), a company focused on developing its pressure cycling technology (PCT), says that researchers at Harvard Medical School have published a scientific paper describing a non-invasive method that could potentially screen for multiple diseases by gaining information about the gastrointestinal (GI) system using PCT and certain chemicals. 

  • Sunridge Gold succeeds in lowering capex at Asmara project, production fast-tracked by almost a year

    Sunridge Gold Corp. (CVE:SGC)(OTCQX:SGCNF) has done exactly what it set out to do last year in releasing a feasibility study for its Asmara project in Eritrea that minimizes the capital exposure in a challenging time for Canadian juniors, with the company now having a plan to start initial production almost one year earlier than the preliminary report. 

Archived Top Stories ►
  • Century Iron Mines looking for C$60mln cash flow a year from 2015

    Sandy Chim, President & CEO of Century Iron Mines (TSX:FER), tells Proactiveinvestors that the recent Preliminary Economic Assessment shows...
    View full size
  • Donner Metals looks at "next generation of exploration" as production starts

    David Patterson, Chairman & Director of Donner Metals (CVE:DON), tells Proactiveinvestors that, as production starts at its first mine, the...
    View full size
  • Simba Enegy farms-out 66% of Kenyan asset

    Paul Vonk, VP Capital Market of Simba Energy (CVE:SMB), tells Proactiveinvestors that a deal has been agreed to farm-out 66% of its Kenyan...
    View full size
  • Terraco Gold CEO sees 'significant' cashflows from Barrick Gold project

    Todd Hilditch, president and chief executive of Terraco Gold (CVE:TEN), reveals the significance of the recent royalty deal covering the...
    View full size
  • Biotech space is “a little more optimistic,” says Big Picture Speculator

    Jim Letourneau, the Big Picture Speculator, sits down with ProactiveInvestors at the Calgary Energy and Resource Investor Conference to...
    View full size
  • Montana Exploration's acreage hosts a "fairway for oil exploration" within Shaunavon oil trend

    Charles Selby, Chairman and Chief Executive Officer of Montana Exploration Corp. (TSX-V:MTZ), tells ProactiveInvestors about the company's...
    View full size
  • Fully-funded WesternZagros has "a lot of exciting news coming," says Simon Hatfield

    Simon Hatfield, CEO of WesternZagros Resources (CVE:WZR) tells ProactiveInvestors about the company's upcoming drilling program, which...
    View full size
  • An Alternative Gold Bug Narrative

    John Kaiser, of Kaiser Research Online, tells ProactiveInvestors that the underlying demand for gold stems from concern that over the next 15...
    View full size
  • Cambridge House President on the upcoming Vancouver event and why trade shows are still relevant

    Jay Martin, President of Cambridge House International, tells ProactiveInvestors about the trade show company and why such conferences are...
    View full size
  • Mickey Fulp, The Mercenary Geologist, welcomes pending transformation of junior resource sector

    Mickey Fulp, The Mercenary Geologist, discusses with ProactiveInvestors his views on recent Natural Gas prices, why he’s long-term bullish on...
    View full size
  • Curis Resources slashes costs at flagship project - PDAC2013

    Michael McPhie, President and CEO of Curis Resources (TSE:CUV), tells Proactiveinvestors about the improved recovery rates at the firm's...
    View full size
  • Mason Graphite, advancing the Lac Guéret; the highest grade of graphite in the world - PDAC2013

    Benoit Gascon, Chief Executive of Mason Graphite (CVE:LLG), tells Proactive Investors about the company's Lac Guéret graphite project in...
    View full size
  • Allana Potash moves project forward with strong Ethiopian support - PDAC2013

    Farhad Abasov, President & CEO of Allana Potash (TSE:AAA) and the Minister of Mines in Ethiopia, Madame Sinknesh Ejigu, discuss the country's...
    View full size
  • Energizer Resources positioned to become major supplier to world graphite market - PDAC2013

    Craig Scherba, President and COO of Energizer Resources (TSE:EGZ), tells Proactive Investors why he has high hopes for the firm's Green Giant...
    View full size
  • Tasman Metals has the cash to move ahead over the next twelve months

    Mark Saxon, President & CEO Tasman Metals (CVE:TSM), tells Proactiveinvestors that with $9mln in the bank the company has the funds needed to...
    View full size