Dennis Gartman: Yes, I've quietly turned bullish on gold for a few reasons. Firstly, beginning five and six weeks ago we started to see a lot of the mining companies— even the largest gold mining companies— begin to curtail production. That's always …
Last summer, the rally in gold was played here via Direxion Gold Miner Bull 3x ETF (NAR:NUGT) , an account-blower if ever there was one due to its high leverage. In 2011 and 2012, holding an ETF tied to the price of the metal was more profitable than …
MEADOWBANK GOLD MINE, Nunavut—Gold miner Alain Belanger contends with 75 mile an hour winds, winter temperatures so cold they have cracked the steel on his 287-ton excavator and white-out blizzards that can halt mining for days. This open-pit …
All this and more make up "Earthquakes, Chukars and Millionaires: The Mackay Mines Story," an ambitious yearlong exhibit, which opened Feb. 1 at the W.M. Keck Earth Science and Mineral Engineering Museum at the University of Nevada, Reno. "We just …
In a disclosure to the Philippine Stock Exchange Friday, Apex said the Mines and Geosciences Bureau (MGB) has approved the miner's request to lift the temporary suspension in the aftermath of a tailings spill at its Maco gold-silver mine last Jan. 15.
Even if India does relax its trade restrictions, gold imports will simply push India back into a current account deficit. Also that chart above represents annual production numbers. Gold isn't consumed, so each year of record gold production simply …
SYDNEY, Feb 5 (Reuters) – Australia's giant Super Pit gold mine was given an eight-year extension by its operator on Wednesday, delaying its closure until 2029 and allaying concerns weakening bullion prices would lead to an early shutdown. Actual …
Silver and Gold prices are on the mend, and that bodes very well for some of the stronger gold and silver companies. Great Panther Silver (NYSEMKT:GPL) is primarily a silver mining and exploration company with operational activities currently focused …
BENONI, South Africa Feb 19 (Reuters) – After eight days decomposing in a disused South African gold mine, 32-year-old Blessing's body was so bloated it could barely fit through the tiny tunnel entrance hidden at the foot of a towering mine dump in a …
Leaving many investors in utter shock, gold mining ETFs bounced back from their 2013-lows at the start of 2014 and kept on trending higher. Most market experts and investors expected gold mining ETFs – which lost over 50% in 2013 – to succumb to …
Hecla Mining (HL) had a torrid time last year, as its stock price declined almost 50%. However, the company ended 2013 on a positive note reporting a rise in its gold and silver reserves. Even with gold and silver posting a price decline of 28% and 36 …
Shares of gold miners have started an impressive recovery in December 2013. So far, large-cap gold miners, which are the focus of this article, have been doing extremely well: Many gold miners posted increases in share values of over 30% since December …
Vancouver-based Pan American Silver (TSX: PAA, Nasdaq: PAAS) plans to complete expansion projects at its Mexican silver-gold mines despite posting a US$446mn loss last year, CEO Geoff Burns said. The company has earmarked US$95.5mn in capex …
Analysts Michael S. Dudas and Satyadeep Jain consider all things gold in their latest research note, noting the current state of the gold market and the effect of tapering and other market conditions on gold miners. Gold and silver prices fighting the …
Harmony Gold Mining Co. (HAR) said eight workers are dead and one missing after a rockfall triggered a blaze more than a mile underground at its Doornkop site in South Africa's worst gold company accident for 5 1/2 years. “The seismic event created the …
When you take a look at the gold miners, they have recouped a third of what they lost last year, squeezing the shorts right out of the market. The fact of the matter is that gold and silver miners have actually outperformed the metals is a strong …
PIERRE — A $300,000 tax cut for the Wharf gold mine vanished into the political air Thursday. State senators approved the changes Wednesday 18-16 but reconsidered their decision Thursday. Enough senators changed sides to kill the legislation 19-15.
From there, one of my partners at the time, Paul, and I decided that we would try to launch PureFunds; one of the first concepts we wanted to see come to market was a junior silver mining ETF. Our reasoning for that was based on the limited options in …
In fact Argonaut Gold stands out as a company with low production costs, a strong balance sheet, substantial yet achievable growth going forward, and minimal geo-political risk–in other words it has the primary qualities investors look for when …
A call on Friday by South Africa's mineral resources minister, Susan Shabangu, for more sustainable methods of sealing up old shafts in a bid to stem the tide of illegal gold mining comes hard on the heels of harsh words from Sibanye CEO, Neal Froneman …
Therefore, in this article, I am pointing out three precious metals mining companies that I think investors should avoid. If gold and silver continue to rise, as I believe they will longer term, their shares will likely follow suit. However, at some …