Weekly Round-Up: Rocketing US Dollar Leaves Commodities in the Dust

Weekly Round-Up: Rocketing US Dollar Leaves Commodities in the Dust

It was a good week for the US dollar, which gained strength on the back on the announcement earlier this week that the Fed will be ending its stimulus program. Meanwhile, Japan announced the start of its own quantitative easy program. As a result, commodities took a beating this week, with gold and silver falling to four-year lows.

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WealthTerra Capital Management: Understanding the Exempt Market

The stock market is a familiar place for investors, but what is the exempt market? In this video, Nadine Wellwood, president of WealthTerra Capital Management, answers that question and explains how her firm helps investors navigate that arena.

Why Stria Lithium’s Latest Metallurgical Results Are So Important

Lithium – Stria Lithium's president and CEO, Julien Davy, discusses the significance of recent metallurgical test results for the company. The results confirm that Stria can use lithium mineralization from its Pontax lithium project as feedstock for its new pilot plant.

Company News

Aluminum Price Helps Chalco Quarterly Loss

Aluminum – The Aluminum Corp. of China Ltd. posted its smallest quarterly loss this year as China's largest producer of aluminum reaped the reward of increasing prices.

Chevron Profits Rise Amid Oil Downturn

Oil – Chevron Corp. saw its third quarter net income rise for the first time in three years as refining oil into fuels helped returns as the market struggles with the worst crude market of the decade.

North Arrow Minerals Completes Kimberlite Indicator Mineral Sampling at Pikoo A and B

North Arrow Minerals Completes Kimberlite Indicator Mineral Sampling at Pikoo A and B

Diamond – North Arrow Minerals (TSXV:NAR) announced it had completed 11 till samples from the Pikoo Extension A and B properties. The results have been submitted for testing and results are expected in late 2014. North Arrow can earn a 70 percent interest in the properties by discovering kimberlite through drilling and by testing any discovered kimberlite for diamonds by caustic fusion analysis.

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Market News

Sherritt CEO Anticipates Nickel Price Rise

Nickel – Reuters reported that according to that David Pathe, CEO of Sherritt International Corp. (TSX:S), the price of nickel should rise over the next year as factors like the Indonesian export ban reduce supply.

Russia Boosts Gold Stockpile by Most Since 1998

Gold – Bloomberg reported that Russia increased its gold stockpile by 37.2 metric tons (MT) in September. That's the biggest rise since 1998; the stockpile now sits at 1,149.8 MT.

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