Archived Articles ►
Archived Columns ►
Archived Newswires ►
market-movers-caza-oil-gas-su-amur-minerals-african-eagle-zincox-petroceltic-57294.html VIDEO REPORT Market Movers: Caza Oil & Gas, S&U, Amur Minerals, African Eagle, ZincOx, Petroceltic
  • Gold miners rise as the All Ords drops below 5,000 points

    8:09 am

    Gold miners rise as the All Ords drops below 5,000 points

    Financial stocks continued to show weakness as market volatility hit investor sentiment, sending the All Ords down 76.5 points, or 1.5%, to 4,964.3. The Shanghai Stock Exchange Composite Index is up 0.51% to 2,286.98 points while the Dow Mini gained 4 points to 15,294.5.

  • Peninsula Energy progressing pre-production program at Lance Uranium Projects

    5:48 am

    Peninsula Energy progressing pre-production program at Lance Uranium Projects

    With the appointment of an Engineering, Procurement and Construction contractor and the high possibility that a Supplemental Environmental Impact Statement will be issued in November, Peninsula Energy’s Ross Project of the Lance Uranium Projects remains on track for full permitting later this year.

  • Po Valley on track for solid cash flow, higher Italian gas production

    3:08 am

    Po Valley on track for solid cash flow, higher Italian gas production

    Graham Bradley, the chairman of Po Valley, has told shareholders that solid cash flows, increased gas production and funding for new production facilities are on the cards for the company this year. It is also on the hunt for farm-in partners to progress a number of its assets.

  • Hughes Drilling sees revenue and profit growth continuing in 2013

    2:26 am

    Hughes Drilling sees revenue and profit growth continuing in 2013

    Hughes’ positioning as an essential service provider in the production process of operating mines largely shields it from the problems faced by other service providers with business models focused on the exploration, development or construction phases of new mines.

  • Canadian stocks drop, led by mining shares; National Bank climbs

    6:03 pm

    Canadian stocks drop, led by mining shares; National Bank climbs

    Canadian shares declined for a second day, led by miners, as gold fell for the third time in four days. The commodity-heavy Standard & Poor’s/TSX Composite Index (TSE:OSPTX) slid 0.2 percent to 12,633.81 at 12:38 p.m. in Toronto on Friday. The 237-member gauge has gained 1.6 percent this month. The materials subindex, which includes mining shares, fell 0.7 percent. The energy subindex slipped 0.4 percent as oil dropped for a fourth day, while financials, the most heavily-weighted group, slid 0.2 percent.

  • Wall Street lower ahead of long-wknd, on pace to break weekly win streak

    5:45 pm

    Wall Street lower ahead of long-wknd, on pace to break weekly win streak

    U.S. stocks were still down on Friday despite encouraging durable goods orders data, as profit-taking ensued ahead of long weekends in both the U.S. and U.K., with benchmark indexes on pace to break four straight weeks of gains. 

  • Klondex Mines' Fire Creek praised for high grades, strong economic returns and potential upside by Casimir Capital

    3:25 pm

    Klondex Mines' Fire Creek praised for high grades, strong economic returns and potential upside by Casimir Capital

    Klondex Mines (TSE:KDX) was touted as having a high grade resource in a strategic location with potential for a "number of upside opportunities" on Friday, in an initial coverage report by Casimir Capital's Erin Winmill. The analyst started the advanced-stage development company, which is focused on its Fire Creek gold project in Nevada, with a speculative buy rating and a $2.50 price target - more than double its current trading price. 

  • Falcon Oil & Gas buys out Australian business

    2:17 pm

    Falcon Oil & Gas buys out Australian business

    Philip O'Quigley, CEO of Falcon Oil & Gas (LON:FOG TSX-V:FO ESM:FAC), tells Proactiveinvestors that while the deal dilutes shareholder value by 10.8%, there is an increase of 24.2% in the Australian business. Philip also explains that June will be a 'busy month' for the company.