Top Story

Mon 3:45 pm

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.

Breaking News

Monday, August 31, 3:27 pm

Gold loses 0.1% to $1,132/oz; WTI jumps 8.8% to $49.20

Gold futures finished lower for a fifth time in six sessions as investors continued to gauge the likelihood of a U.S. interest-rate hike by year-end. Gold for December delivery lost 0.1% to settle...


10:31 pm

Elementos hits paydirt at Cleveland, doubles tin tungsten mine life

The integration of all three stages extends the projected mine life at Cleveland mine in Tasmania to over 15 years and would add $90 million to the project’s pre-tax cash flows and generate revenue of $638 milli...


  • 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.

  • Stewart Dalby: Merger time for the oil sector's minnows

    There has been much talk in the oil and gas sector that there will need to be a round of mergers and acquisitions to avoid the dire consequences of a plummeting oil price.

  • Mandalay Resources acquisition strategy pays dividends

    How is it that shares in Mandalay Resources have virtually tripled over the past five years, when most other junior gold mining companies have suffered severe and sometimes catastrophic share price falls? The answer is simple: judicious acquisitions.

  • UPDATE - Lingo Media's growth spurt spurred by digital learning

    Lingo Media (CVE:LM; OTC:LMDCF), the technology company focused on the education sector, delivered record results in the second quarter of 2015.

  • TSX extends gains for fourth session; Scotiabank inches down

    Canadian shares advanced for a fourth session on Friday, a day after a surge in oil prices helped the market recover from the week’s losses. The benchmark Standard & Poor’s/TSX Composite Index (TSE:OSPTX) rose 0.5% to 13,825.54 at 12:10 p.m. in Toronto. Three shares advanced for every issue that declined. Five out of ten share groups were in the positive territory.

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