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  • Condor Blanco Mines opens trial mining pits at Uludere Project

    1:30 am

    Condor Blanco Mines opens trial mining pits at Uludere Project

    The first two trial mining pits at the lead-zinc-silver Uludere Project have been opened by Project operator, Anatolian Resources Madencilik. This follows an off take sales contract Condor signed this week with the largest Lead-Zinc miner in Southeast Turkey.

  • Sun Resources encounters significant oil shows in Texas well

    12:54 am

    Sun Resources encounters significant oil shows in Texas well

    Sun Resources has revealed that significant hydrocarbon indications have been observed in the Lower Woodbine target formation. The area is highly prospective with the US$50B capped EOG Resources having drilled 7 producing wells. Sun has some powerful backers, including Gina Rinehart's Hancock Prospecting.

  • Wall Street rockets to more records

    Thu 11:09 pm

    Wall Street rockets to more records

    U.S. stocks rallied Thursday with both the S&P 500 and the Dow closing at new record highs. In Australia the local market will look to follow this lead, with the ASX SPI 200 up 28 points to 5430. Gold and oil are lower.

  • ASX All Ords rides roller-coaster as investors pounce after sell-off

    Thu 7:50 am

    ASX All Ords rides roller-coaster as investors pounce after sell-off

    The All Ords fought back from a mid morning sell-off to finish slightly higher. But if you are looking for something more interesting, there was a bright light today on battery developer RedFlow, which had a 13.2% jump in value. The company is a triple-bagger since May.

  • Dow, S&P 500 end at all-time highs

    Thu 9:04 pm

    Dow, S&P 500 end at all-time highs

    U.S. stocks rallied Thursday with both the S&P 500 and the Dow closing at new record highs, building on yesterday's gains following the Fed's decision not to change its "considerable time" guidance with regards to how long it will keep interest rates low for. 

  • True Gold gets all mining permits for Karma project, first gold pour expected next year

    Thu 8:34 pm

    True Gold gets all mining permits for Karma project, first gold pour expected next year

    True Gold Mining (CVE:TGM) has received all the permits for its Karma gold project after the Burkina Faso council of ministers approved the mining documents for the Kao and Nami deposits. 

  • Industrial Alliance assigns Madalena Energy a price target that is almost triple current value

    Thu 7:15 pm

    Industrial Alliance assigns Madalena Energy a price target that is almost triple current value

    Madalena Energy (CVE:MVN) has a solid foundation for growth with its high impact horizontal plays, according to analysts at Industrial Alliance Securities, which initiated coverage on the junior oil and gas producer with a buy rating and C$1.35 price target.


  • TSX wavers as miners' losses overpower bank gains

    Thu 5:59 pm

    TSX wavers as miners' losses overpower bank gains

    Canadian shares wavered as miners slumped following gold dropping to an eight-month low, while banks gained after the U.S. Federal Reserve raised its outlook for interest rates. The benchmark Standard & Poor’s/TSX Composite Index (TSE:OSPTX) was down 0.1 percent at 15,436.17 at 12:41 p.m. in Toronto. Five stocks declined for every four shares that advanced.