Troy Resources NL

Published : October 14th, 2014

The Dollar Rally: Where Will The Buck Stop?

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment

The Dollar Rally: Where Will The Buck Stop?

The U.S. dollar has reasserted itself on the global stage after a long absence. Since July it's been on a tear, with the U.S. Dollar Index now some 7.7% higher than where it was this summer.  The dollar has tended to be strong on days when macro data has been weak, buoyed by flight to quality flows and away from emerging markets.  On days when markets are up on good news the dollar often rallies too, on the view that the U.S. is finally poised for a self-sustaining economic recovery and will outperform other developed markets.

Speaking with traders, the dollar’s upward movement has long been widely anticipated.  The strong dollar narrative, which has recently translated into a clear price trend, appears to be boosted by sound fundamental underpinnings.  Though macroeconomic data is noisy, the preponderance of data seems to show that the US economy is slowly but surely getting stronger.  Consumer deleveraging seems to be near completion, corporate profits are near record highs, and the unemployment rate is now under 6%.

(Photo credit: Wikipedia)

While the picture is improving in the US, the rest of the world's economies appear to be experiencing various forms of economic malaise. Deflation fears in Europe, challenging demographics for growth in Japan, and overcapacity and oversupply in many commodities critical to emerging markets have led to weak economic outlooks and accommodative monetary policy in most of the world.  The monetary policy response in the US versus the rest of the world is expected to become even starker, with expected increases in US rates offering relatively higher real returns to investors.  Investor flows should follow higher real yields and boost the dollar. Meanwhile, the energy boom in the US will keep the US trade account balance supportive of the dollar.

How to Play Dollar Strength

The investment implication of a strong dollar is less straightforward than the narrative.  One can't simply buy the dollar like any other asset. In currencies, you have to sell something to own something else.  So when one looks to buy the dollar the inevitable question is: against what?  This is where the dollar trend gets interesting because lately the dollar has been showing strength against almost all currency trading blocks.

Against other large developed market currencies like the Euro (EUR) and the Yen (JPY), the dollar strength has been driven by the expected divergence in monetary policy and, more specifically, differences in front-end yield curves.  Fed actions are expected to result in higher rates at some point next year. In contrast, the European Central Bank and the Bank of Japan are expected to increase stimulus programs, with the prospect of increasing interest rates still very far off. Differences in yield between the US and Japan should drive investor flows.  The macro-economic underpinnings to the trade seem unlikely to change over the short term, making the Yen and Euro favorite picks amongst traders for funding dollar longs.

In emerging markets (EM) the drivers of dollar strength are somewhat similar to those in developed markets, but with a subtle twist.  Relative yields can still drive marginal investor flows, but funding concerns in EM can exacerbate these swings.  Following the 2008 financial crisis, many EM countries witnessed large foreign investor inflows, significant expansion in local credit markets, and substantial increases in economic capacity. In many places this has led to over-investment and subsequent lower returns on capital.  Meanwhile, an expansion of credit over the past several years has led to high property prices, leveraged balance sheets, and in some cases an over-reliance on credit from external sources.  As front-end and potentially even mid-curve yields move higher in the US, some of these currencies may be vulnerable to more dramatic shifts in investor flows.  The Brazilian Real (BRL), Turkish Lira (TRY), Indonesian Rupiah (IDR), and South African Rand (ZAR) all experienced this effect earlier this year and last summer and may again soon.

Meanwhile, commodity block currencies have also been weakening against the dollar.  This has less to do with front-end yield differentials than it does with trade balance mechanics.  As U.S. energy production has soared, energy prices have remained low and recently have been falling.  Commodity producing currencies like the Australian dollar (AUD), New Zealand dollar (NZD), Norwegian krone (NOK), and the Canadian dollar (CAD) typically receive a strong and persistent boost from their commodity export activity.

Commodity markets operate in dollars.  As these countries trade metal/oil for dollars, they need to convert those dollars (selling them) back into their local currency (buying it) in order to meet local liabilities (pay their staff).  Lower commodity prices and lower demand due to economic stagnation in the rest of the world has caused commodities to trade at lower volumes and prices.  Thus, the dollar strength in these countries appears to be primarily driven by supply/demand dynamics for commodities.

One key implication of dollar strength for investors and institutional allocators in particular, is currency hedging programs may need to change.  Over the past decade or two, a large constituency of US institutional investors has shifted from a traditional 60/40 US equity and bond mix to incorporating foreign equity and debt.  While the dollar was in a multi-year depreciation trend, many foreign investments were left unhedged against the dollar as this provided a nice tailwind to returns. However, in light of a potential regime shift to dollar strength, investors should now be combing through their foreign holdings and closely evaluating whether or not any of these long-standing hedging decisions should be revisited.

Outside of FX, it’s hard to make strong linkages between dollar price strength and asset class moves.  Zero interest rate policy (ZIRP) in the US has pushed investors on a multi-year search for yield into some corners of the world that are well off the beaten path.  If rates in the ten year sector and beyond do indeed begin to move in the US, overbought debt, including certain EM companies and sovereigns, will likely be in the crosshairs of investor selling.  Even in the US, any high dollar-priced debt with a high duration component seems potentially vulnerable.

The implication for U.S. equities is unclear. During the late 1990’s the US experienced a multi-year economic expansion which drove a sustained equity rally and also led to a stronger dollar. In recent years the weak dollar and strong equity performance has been driven, at least in part, by easy monetary policy.  Absent that policy, we've seen dollar strength, but will we see equity weakness? The answer will really depend on whether or not growth is strong enough to translate into higher earnings for US equities.

Complicating this picture are the low growth prospects for the rest of the world. Foreign sales now account for a little less than half of sales for S&P 500 companies.  Additionally, revenues earned overseas may now begin to appear lower when converted back to dollars simply because the dollar is moving higher.  Earnings may be missed as a result and sectors like IT, Materials, and Energy tend to show the most vulnerability to dollar strength.  The key question is whether the benefits of US growth can overcome the negative effects of a stronger dollar on earnings for US companies.

Is this Already Priced In?

The recent dollar move has been so stark and sudden that there are fears that the dollar trend may be due for a pullback.  The greenback’s resurgence hasn't exactly gone unnoticed. Macro hedge funds posted some of their best gains of the year in September (HRFX Macro Index +1.54E%), as monetary policy divergence led to trends in FX (EURUSD -3.82%, JPYUSD -5.06%) and an uptick in fixed income volatility.  The strong dollar theme has a large fan-base.  Indeed, compared to recent history, the dollar long trade seems crowded, leading to unease on the potential for a pullback.

Perhaps some investors are uneasy because we simply haven't seen a multi-year secular strong dollar trend yet this century.  The last period where the dollar moved persistently higher for an extended period of time was in the late 1990's.  At that time, strong US growth led to hawkish Fed policy, leading to higher real rates for investors in the US relative to other markets.  However, over the past ten years, investors have been mostly rewarded for shorting the dollar and buying emerging market currencies as well as other currencies in G20.  Prior to 2013, even the Yen posted a steady multi-year climb against the dollar.

As one veteran trader recently put it to me, "Over the past ten years no one has really made money being long the dollar, but careers have been made being short."  The same veteran trader pointed out that, yes, the trade looks crowded based on recent history, when any strength in the dollar has typically been fleeting.  However, if this is indeed the beginning of a multi-year dollar strengthening trend, then what looks to be over-positioning on a tactical trade, may be under-positioning for a long-term secular shift.

The dollar strength narrative has begun to move markets in the past few months.  The economic underpinnings look as though they have the potential to create a multi-year secular trend.  Much will depend on whether the economic trajectory of the world's major economies stays on the current track: with the US improving and the rest of the world stagnating or deteriorating.

Read the rest of the article at finance.yahoo.com
Data and Statistics for these countries : Japan | New Zealand | All
Gold and Silver Prices for these countries : Japan | New Zealand | All

Troy Resources NL

PRODUCER
CODE : TRY.AX
ISIN : AU000000TRY7
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Troy Res. is a gold producing company based in Australia.

Troy Res. produces gold, silver in Argentina, in Australia and in Brazil, develops gold in Australia, and holds various exploration projects in Argentina, in Australia, in Brazil and in Finland.

Its main assets in production are GOIAS VELHO / SERTAO MINE and ANDORINHAS in Brazil, BULCHINA MINE, CORNISHMAN & DOUBLE O, CORNISHMAN MINE, LORD NELSON and LORD HENRY in Australia and CASPOSO in Argentina, its main assets in development are SANDSTONE - LORD NELSON and SERTAO in Australia and its main exploration properties are DALY RIVER, THREE RIVERS, TWO MILE, THREE RIVERS and TROJAN JV in Australia and OIJARVI in Finland.

Troy Res. is listed in Australia, in Canada and in Germany. Its market capitalisation is AU$ 13.7 millions as of today (US$ 9.9 millions, € 8.7 millions).

Its stock quote reached its highest recent level on October 05, 2012 at AU$ 5.02, and its lowest recent point on September 30, 2022 at AU$ 0.03.

Troy Res. has 456 600 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Corporate Presentations of Troy Resources NL
8/23/2016Investor Presentation
5/9/2016Gold Tour Presentation
7/27/2011Company Presentation-Investor Update
Annual reports of Troy Resources NL
: 2012 Annual Report to Shareholders
Annual Report 2011
Financings of Troy Resources NL
4/9/2013Provides Funding to Azimuth Pursuant to Convertible Note Fac...
Option Grants of Troy Resources NL
1/10/2012Payment of Dividend and Issuance of Shares Under the Troy Di...
Nominations of Troy Resources NL
7/29/2016Appointment of Independent Non-Executive Director
8/29/2013: Change to Directors
2/5/2013: Appointment of Company Secretary
3/14/2011Resignation of Company Director
2/1/2010Appointment of Mr David Dix
Financials of Troy Resources NL
7/29/2016Quarterly Activities Report - June 2016
4/28/2016Quarterly Activities Report - March 2016
9/27/2012: Full Year Statutory Financial Statements-30 June 2012
Project news of Troy Resources NL
5/21/2014Australian company to open gold mine in Guyana
8/29/2011Strong Production Growth Returns Troy to Profit
4/27/2011(Kamila)Follow-up Drilling at Kamila SE Extension Zone Produces Furt...
3/20/2011(Casposo)- High Grade Drill Intercept
5/17/2010(Casposo) NI-43101 Technical Report Casposo Project San Juan, Argenti...
5/11/2010(Casposo)Casposo financing complete
5/6/2010(Casposo)Casposo updated mining reserve and production schedule
3/8/2010(Sandstone - Lord Nelson)New Nickel Sulphide Discovery at Sandstone JV
2/23/2010(Andorinhas)Andorinhas Robbery
1/27/2010(Casposo)Casposo Update
10/9/2009(Casposo)Casposo Project Update
9/14/2009(Casposo)NI43-101 Updated Technical Reports for Casposo & Sandstone
8/18/2009(Casposo)Updated Mineral Reserves and Resources
7/31/2009(Two Mile)New Inferred Resource Two Mile Hill Prospect Sandstone WA
7/29/2009(Casposo)Significant (32%) Increase in Casposo
7/16/2009(Two Mile)High Grade Results at Two Mile Hill Prospect
6/12/2009(Casposo)Files technical report for the Casposo deposit
9/9/2008(Andorinhas)Andorinhas Iron Ore Resource
8/4/2008(Andorinhas)Troy Resources NL - Andorinhas Iron Drill Results
7/25/2008(Andorinhas)Colluvial Iron Ore Study Update - Andorinhas Project Brazil
Corporate news of Troy Resources NL
9/23/2016Becoming a substantial holder from CBA
7/13/2016Operational Update
6/27/2016Director Appointment/Resignation
5/27/2016Karouni Operational Update
5/13/2016Ceasing to be a substantial holder
5/4/2016 Troy Restructures Investec Facility
5/3/2016Troy Restructures Investec Facility
2/1/2016Change of Director's Interest Notices
2/1/2016Change of Director's Interest Notices
1/28/2016Appendix 3B and Cleansing Notice
1/28/2016Results of Meeting
1/28/2016Quarterly Activities Report - December 2015
12/28/2015Change in substantial holding
12/28/2015Change in substantial holding
12/24/2015Ceasing to be a substantial holder
12/23/2015Appendix 3B and Cleansing Notice
12/23/2015Notice of General Meeting/Proxy Form
12/17/2015Capital Raising Investor Presentation
12/17/2015Troy Announces Completion of $10 million Placement
12/17/2015Capital Raising Investor Presentation
12/15/2015Trading Halt
12/15/2015Trading Halt
10/30/2015Quarterly Activities Report - September 2015 (Relodge)
10/30/2015Quarterly Activities Report - September 2015
10/29/2015Change in substantial holding
10/26/2015Commissioning Complete at Karouni Gold Project
10/26/2015Commissioning Complete at Karouni Gold Project
10/23/2015Corporate Governance and Appendix 4G
10/23/2015Annual Report to shareholders
10/23/2015Notice of Annual General Meeting/Proxy Form
10/23/2015Annual Report to shareholders
10/23/2015Notice of Annual General Meeting/Proxy Form
9/25/2015Full Year Statutory Accounts - 30 June 2015
9/25/2015Full Year Statutory Accounts - 30 June 2015
9/14/2015TRY to Convert Currency of Loan Facility and Resets Hedging
9/10/2015Change to Securities
9/10/2015Change to Securities
8/31/2015Mineral Resources and Ore Reserves Update
8/31/2015Mineral Resources and Ore Reserves Update
8/31/2015Appendix 4E - Preliminary Final Report - 30 June 2015
8/31/2015Appendix 4E - Preliminary Final Report - 30 June 2015
8/31/20152015 Financial Year Results Announcement
8/13/2015Appendix 3Y - Change of Director's Interest Notice - Jones
8/13/2015Appendix 3Y - Change of Director's Interest Notice - Jones
8/4/2015Diggers and Dealers 2015 Presentation
8/4/2015Diggers and Dealers 2015 Presentation
7/31/2015Quarterly Activities Report - June 2015
7/31/2015Quarterly Activities Report - June 2015
7/22/2015Change in substantial holding
7/14/2015Troy Chairman Leave of Absence
7/10/2015Karouni Gold Project - Operational Update
7/9/2015Becoming a substantial holder
6/15/2015Appendix 3Y - Change of Director's Interest Notice - Jones
6/9/2015Successful Completion of Placement and Share Purchase Plan
6/9/2015Appendix 3B and Cleansing Notice
6/4/2015Results of General Meeting
4/27/2015Trading Halt
4/24/2015Quarterly Activities Report - March 2015
4/20/2015Appendix 3Z - Final Director's Interest Notice - Harvey
4/20/2015Resignation of Director
4/20/2015Resignation of Director
4/14/2015UK Investor Update Presentation - April 2015
4/14/2015UK Investor Update Presentation - April 2015
4/14/2015Voluntary Delisting from Toronto Stock Exchange
4/14/2015: Voluntary Delisting From Toronto Stock Exchange
3/25/2015Half - Year Report for the Period Ended 31 December 2014
3/25/2015ALY: Purchase of Reserve Payment from Troy
3/25/2015S&P DJ Indices Announces March Quarterly Review
3/25/2015Change in substantial holding
3/25/2015Ceasing to be a Substantial Holder for ALY
3/25/2015Notice of Initial Substantial Holder for ALY
3/25/2015Half - Year Ended 31 December 2014 Financial Results
3/25/2015Half - Year Report for the Period Ended 31 December 2014
3/25/2015ALY: Purchase of Reserve Payment from Troy
3/25/2015S&P DJ Indices Announces March Quarterly Review
3/25/2015Appendix 3Y - Change of Director's Interest Notice - Parish
3/25/2015Change in substantial holding
3/25/2015Ceasing to be a Substantial Holder for ALY
2/20/2015: Investor Update Presentation, February 2015
12/18/2014Appendix 3B - Issue of Share Appreciation Rights
12/18/2014Appendix 3Y - Change of Director's Interest Notice - Purvis
10/20/2014Troy Signs Minerals Agreement for the Karouni Gold Project
10/14/2014The Dollar Rally: Where Will The Buck Stop?
2/25/2014Troy Resources to Raise Up to A$28 Million by Way of Placeme...
2/25/2014Troy to Raise Up to A$28 Million by Way of Placement and Up ...
2/23/2014Troy Resources Limited: Half Year Ended 31 December 2013 Fin...
2/20/2014Troy Resources Limited: RIU Explorers Conference Presentatio...
2/17/2014Troy Reaches Agreement to Sell Its 70% Interest in the Serta...
2/2/2014Troy Resources Limited: Investor Update, February 2014
2/2/2014Troy Resources Limited: Exceptional Channel Sample Results a...
1/31/2014Troy Resources Limited: Quarterly Activities Report December...
10/29/2013Presentation-ASX Small to Mid Caps
10/25/2013-Notice of 2013 Annual General Meeting and Explanatory Memor...
9/26/2013Full Year Statutory Accounts-30 June 2013
9/16/2013Investor Presentations-September 2013
8/28/2013: Completion of Compulsory Acquisition of Ordinary Shares in...
8/6/2013Presentation-Diggers & Dealers 2013
7/29/2013: Quarterly Activities Report June 2013
7/29/2013: Quarterly Activities Report June 2013
7/9/2013Corporate and Operational Update-BRR Webcast
6/27/2013Cuts Costs in Decisive Response to Price Volatility
6/24/2013Takeover Bid by Troy Resources Limited for Azimuth Resources...
6/17/2013Takeover Bid By Troy Resources Limited for Azimuth Resources...
6/7/2013Takeover Bid by Troy Resources Limited for Azimuth Resources...
5/24/2013: Institutional Acceptance Facility and First Supplementary ...
5/8/2013: Change to Securities
4/30/2013on Progress of Troy Takeover Offer for Azimuth
4/22/2013Secures A$40 Million Funding from Investec
4/3/2013and Azimith Resources CEOs Discuss Proposed Takeover-BRR Web...
3/28/2013: Media Conference Call Recording
3/25/2013(Kamila)Casposo Exploration Drilling Update Kamila Southeast Trend I...
1/30/2013: Quarterly Report on Activities December 2012
10/25/2012: Notice of 2012 Annual General Meeting & Proxy Form
10/16/2012Presentation: ASX Small to Mid Caps Asia
8/14/2012Announces Agreement to Sell the Sandstone Property to Southe...
8/8/2012Presentation: Diggers & Dealers
7/27/2012: Quarterly Report on Activities June 2012
7/12/2012(Casposo): Dr. J.W. Hedenquist Casposo Site Visit and Report
6/25/2012: Presentation & Webcast-The Gold Coast Resources Showcase
6/20/2012(Casposo): Reserve and Mine Plan Updated Technical Report (NI 43-101)...
5/30/2012(Casposo): Casposo Mineral Reserve Update Gold Equivalent Production ...
4/13/2012to Be Included in the S&P ASX 200 Index
4/4/2012: Company Presentation
2/24/2012(Casposo)Doubles Production & Revenue as Low Cost Casposo Hits its St...
2/8/2012: Revised December 2011 Quarterly Report
1/30/2012: Quarterly Report on Activities December 2011
1/9/2012ASX Announcement - ASIC Approves Change of Company Type and ...
12/15/2011New Corporate Office and Registered Address
10/12/2011(Casposo)Resource Update Report Released for Casposo Project San Juan...
10/4/2011(Casposo)Casposo Achieves Nameplate Throughput
8/29/2011(Kamila): Initial Resource Estimate Kamila Southeast Discovery at Ca...
8/24/2011Introduces A Shareholder Dividend Re-Investment Plan
8/3/2011Public Announcement Media Speculation
8/2/2011(Kamila)Kamila Southeast Target Drilling Update-More High Grade Resu...
7/20/2011(Casposo)ASX Announcement - High Grade Intercepts Drilling at Casposo...
6/21/2011(Kamila)Kamila Southeast Zone Drilling Continues to Deliver High Gra...
6/7/2011(Casposo)Declares Dividend as Low Cost Casposo Mine Officially Opened
5/19/2011(Kamila)Kamila Southeast Zone Step-Out Drilling Delivers High Grade ...
2/28/2011Half Year Ended December 31, 2010 Financial Results
1/24/2011 Quarterly Report on Activities December 2010
8/2/2010Diggers & Dealers 2010 Company Presentation
7/29/2010Sales of Andorinhas Iron Ore
7/16/2010Initial Inferred Resource Julieta Prospect Casposo Project
4/30/2010Quarterly Report on Activities March 2010
3/17/2010Corporate Update Presentation
2/10/2010Financing Update
2/4/2010Moving to Where the Gold Is
1/29/2010Quarterly Report on Activities December 2009
1/29/2010Aztec Vein Initial Grade Control Drilling - Casposo Project
1/21/2010 Notice of Forfeited Shares Auction
1/20/2010 Sale of Mongolian Assets
12/14/2009Form 604 -Notice of change of interests of substantial holde...
12/7/2009Share Placement and Appendix 3B
12/4/2009Entitlements Issue - Under Subscription
12/2/2009Amended Constitution
11/9/2009Troy Resources NL - Chairman's Letter to Shareholders - EGM ...
11/5/2009Shareholder Letters Re Entitlements Issue
11/4/2009Entitlements Issue 708AA Notice & Appendix 3
11/4/2009Withdrawal of Request for EGM
10/28/2009Quarterly Report on Activities September 2009
10/2/2009Notice of Shareholder Meeting
9/30/2009Full Year Statutory Accounts
9/25/2009CALL ON PARTLY PAID SHARES
8/27/2009Profit of A$16.7 Million and Builds the Foundation for Futur...
8/10/2009Declares 10th Consecutive Fully Franked Dividend
7/30/2009Quarterly Report on Activities June 2009
2/9/2009Quarterly Report and Operations Update - Audio Broadcast
2/23/2009Half Year Report
2/3/2009ASX Release - Voluntary Annual Information Form
1/28/2009Quarterly Report
1/20/2009ASX Announcement
11/27/2008AGM Results November 2008
11/26/2008Resignation of Non-Executive Director T D McKeith
11/13/2008ASX Announcement
9/30/2008ASX Announcement
8/29/2008ASX Announcement
7/31/2008Quarterly Report
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
AUSTRALIA (TRY.AX)TORONTO (TRY.TO)
0.030+0.00%0.430+1.18%
AUSTRALIA
AU$ 0.030
09/30 12:00 -
0%
Prev close Open
0.030 0.030
Low High
0.030 0.030
Year l/h YTD var.
0.030 -  0.037 -18.92%
52 week l/h 52 week var.
0.030 -  0.037 -18.92%
Volume 1 month var.
0 -%
24hGold TrendPower© : -26
Produces Gold - Silver
Develops Gold
Explores for Copper - Gold - Lead - Silver - Zinc
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 11/24/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.83+1.56%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 3.69+13.19%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.61+4.44%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.10-9.09%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.46+1.23%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 7.10+1.72%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.24-5.77%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.35+1.45%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 2.37+6.76%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 65.33+8.65%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.04+0.00%Trend Power :