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  • Wall Street mostly down amid choppy session

    Sat 12:07 am

    Wall Street mostly down amid choppy session

    U.S. stocks mostly slipped Friday in choppy trade, reversing premarket gains. West Texas Intermediate crude fell 1.6% while gold is down 0.6%. The ASX SPI 200 is down 12 to 5,434.

  • ASX climbs, but which Fraser Range nickel player jumped 14.3%?

    Fri 5:38 am

    ASX climbs, but which Fraser Range nickel player jumped 14.3%?

    Positive sentiment following the European Central Bank’s decision to buy 60 billion euros of bonds per month sent the ASX200 up 1.5% to 5,501.8 points.

    This Fraser Range-focused nickel explorer has built up its interest in the highly prospective region.

  • Axiom Mining extends existing Isabel Project nickel intersections

    Fri 12:51 am

    Axiom Mining extends existing Isabel Project nickel intersections

    In its December quarterly, Axiom Mining extended high grade nickel intersections at its Isabel Project. Drilling at the West Guadalcanal Project has intersected gold and silver. Further drilling is underway.

  • Red Mountain Mining gains 50% boost to Batangas cash flows

    Thu 10:17 pm

    Red Mountain Mining gains 50% boost to Batangas cash flows

    Improved Australian gold prices and reduced fuel costs have increased the free cash flow forecast for the Batangas Gold Project by 50% to A$45 million. IRR is now 65% while NPV is $28.5 million. The company is moving to complete the Definitive Feasibility Study, final mine permitting and additional resource/reserve delineation.

  • Crocodile Gold hikes up operating cash flow 40% quarter-on-quarter, for record 2014

    2:01 pm

    Crocodile Gold hikes up operating cash flow 40% quarter-on-quarter, for record 2014

    After reporting record 2014 production earlier this month, Crocodile Gold (TSE:CRK)(OTCQX:CROCF) has announced the remainder of its preliminary results for the fourth quarter, including a near 40 percent increase in quarter-on-quarter operating cash flow.

  • Wall Street on the fence after Greece elections

    1:25 pm

    Wall Street on the fence after Greece elections

    U.S. stock futures were wavering in early trading Monday as a massive winter storm prepares to hit the northeast and as investors digested news that the left wing, anti-austerity Syriza party won the general election in Greece on Sunday.

  • Osisko Gold may be in for fewer royalty opportunities as competition heats up

    Fri 8:12 pm

    Osisko Gold may be in for fewer royalty opportunities as competition heats up

    Osisko Gold Royalties (TSE:OR) had its price target lifted at Dundee Capital Markets to C$16.00 from C$14.75 previously, while its neutral rating was maintained, after the royalty company announced a C$200 million bought deal financing earlier this week.

  • Wall Street mostly down amid choppy session

    Fri 8:11 pm

    Wall Street mostly down amid choppy session

    U.S. stocks mostly slipped Friday in choppy trade, reversing premarket gains, but both the S&P 500 and the Dow remained on track for weekly gains following the announcement that the European Central Bank will implement a $1.2 trillion bond purchase program.