NEW YORK (AP) — Stocks closed mostly lower on Thursday, with chemicals and agricultural companies taking the largest losses. The price of gold continued its long surge. Trading was quiet on the final day of a stormy first quarter that produced surprising gains.
World stocks fell for the first time in four days on Thursday, the final day of a roller-coaster first quarter that has hammered the dollar and the pound but has proven the best in decades for gold and bonds. Oil was stuck at $39 a barrel on record U.S. stockpiles and China was put on […]
Canadian gold mining is a dirty business, at home and abroad, where the industry currently faces myriad accusations of environmental and criminal wrongdoing. On Sunday, hackers claiming affiliation with the hacktivist group Anonymous fought back …
Since recommending GDXJ as a good investment option back in mid-December, it has risen around 40%. The gold mining majors though have done even better – ABX is up 90% over the same period for example. So what is the best option in a rising gold and …
Stephen Guilfoyle, managing director of floor operations at Deep Value Execution Services, regularly appears on Yahoo Finance. Here's his take on the markets today.
SINGAPORE: Gold mining stocks around the world have struck gold since the start of 2016, thanks to the spike in the price of the yellow metal amid volatile markets and concerns about the global economy. Led by a 17 per cent jump in gold prices year to …
There is gold in the Scottish hills and one company has restarted a project to mine it. Two containers will be shipped from South Africa this week with equipment that can process the gold-laced rocks that have emerged from Cononish, near Loch Lomond.
Bear Creek Mining is a strong silver play that features: high-quality assets, 290 million ounces of reserves, $20 million of cash in the bank, and no debt. Leverage to an advancing silver price is strong; arbitration award for Santa Ana could be ~$200 …
Fortuna Silver Mines logo Morgan Stanley raised its position in Fortuna Silver Mines Inc. (NYSE:FSM) by 3.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional …
A weak rand and a resilient gold price that has held up much better than more industrialised metals such as iron ore have propped up the performance of gold mining companies, with the stock prices of long-struggling companies such as Harmony more than …
Gold prices have recently retreated to $1,218 per ounce, lowest in nearly a month, on the back of strengthening dollar. That's hurt Newmont Mining (NYSE:NEM). One of the world's largest gold producers has seen its shares drop more than 10% this week to …
The S&P/TSX Composite index (INDEXTSI:OSPTX) saw several issuers in the silver mining space touch 52-week highs as a result of the strong performance of the other precious metal of late. Pan American Silver Corp (TSE:PAA) closed at $14.52 yesterday …
Safe-haven demand has lifted gold and silver prices substantially since the beginning of 2016. The rise of these metals has helped mining-based companies, which faced carnage in 2015. During the last few weeks, silver has outperformed gold. Silver has …
Klondex Mines (NYSEMKT:KLDX) is a growing junior gold producer that operates the Fire Creek and Midas mines in Nevada. Thus far, I have been impressed with the company's disciplined approach to focus its efforts more so on maintaining a strong …
Based in Johannesburg, Harmony Gold Mining is a gold mining company that operates in South Africa and Papua New Guinea. Separately, recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a …
Fortuna Silver Mines logo Fortuna Silver Mines Inc. (TSE:FVI) insider Juan Manuel Ruiz-Conejo sold 10,000 shares of the stock in a transaction dated Tuesday, March 22nd. The shares were sold at an average price of C$5.27, for a total value of C$52,700.00.
While stocks have staged a remarkable comeback since the middle of February, the outlook for the stock market remains weak. That's because there is an abundance of risk out there. In this chaotic environment, investors need to take a look at gold …
Once upon a time, Newcrest Mining was adamant that shareholders did not want the company to hedge its gold production. "Our investors are looking for spot price exposure," former chief executive Greg Robinson said in 2013, insisting shareholders could …
PHICHIT – Seven residents of tambon Khao Chet Luk in Thap Khlo district have filed a police complaint to make it official that they are not opposed to gold mining by Akara Resources Plc in their locality. The villagers, led by Jiraporn Prapatsorn …
Spot gold rebounded after hitting a four-week low on Thursday, but prices were still poised for their biggest weekly loss since November as the prospect of more U.S. interest rate rises has bolstered the dollar. Spot gold slipped 0.6 percent in early trade on Thursday to $1,212.20 an ounce, its weakest since Feb. 26, before […]
Global equity markets fell on Tuesday while safe-haven gold and government bonds were in demand after attacks in Brussels triggered security alerts across western Europe. Cruise ship operators Royal Caribbean and Carnival Corp were among the worst performers on the S&P 500, down more than 3 percent each.