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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.

  • TSX fluctuates as energy stocks overpower gold miners amid Greece concerns

    5:53 pm

    TSX fluctuates as energy stocks overpower gold miners amid Greece concerns

    Canadian shares seesawed as gains among energy producers outstripped losses in gold miners following concerns raised by the victory of the leftist Syriza party in the Greek election. The benchmark Standard & Poor’s/TSX Composite Index (TSE:OSPTX) inched up 0.1 percent to 14,792.20 at 12:11 p.m. in Toronto. One share declined for every stock that advanced as six out of ten major industries slipped.

  • Wall Street wavers as investors mull Greece election results

    5:21 pm

    Wall Street wavers as investors mull Greece election results

    U.S. stocks were choppy 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.

  • New online poker bill in California could be major catalyst for Amaya, says Dundee Capital

    3:37 pm

    New online poker bill in California could be major catalyst for Amaya, says Dundee Capital

    Amaya (TSE:AYA), the Canadian owner and operator of PokerStars and Full Tilt Poker, which collectively represent the largest online poker business globally, had its “buy” recommendation and C$46.00 target price reiterated at Dundee Capital Markets in the wake of introducing a new bill to legalize online poker in California.

  • 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.