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Physical Gold-Silver Shortage Could Benefit Undervalued Miners
etfdailynews.com

This is what many investors believed in 2003 or 2008 right when the downtrend in precious metals and the miners reversed. They went on to increase in value four to five times from those lows. The media may be telling you to avoid the risks in gold and …

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Gold demand drops as prices rise on weak rupee
finance.yahoo.com

MUMBAI (Reuters) – Demand for gold in India, the world’s biggest consumer of the precious metal, dropped on Friday as local prices rose tracking overseas markets and on a weak rupee. * The key June contract …

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PRECIOUS-Gold hits 2-week high on weak dollar before US jobs data
finance.yahoo.com

* ECB rate cut, Fed’s stimulus provide support * ETF outflows fall to lowest since September 2009 * Coming Up: U.S. nonfarm payrolls; 1230 GMT (Updates throughout, changes dateline from SINGAPORE) By Clara …

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Gold hits two-week high on weak dollar before U.S. jobs data
finance.yahoo.com

By Clara Denina LONDON (Reuters) – Gold jumped to two-week highs above $1,480 an ounce on Friday, heading for its second straight weekly gain, as the dollar fell ahead of U.S. nonfarm payrolls report, …

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Harmony Gold to cut costs, capex amid gold price volatility – Mining Weekly
www.miningweekly.com

He told Mining Weekly Online that the cost reductions were aimed at keeping the company profitable should the gold price stay at levels of around $1 400/oz. “Should the price fall to levels of around $1 200/oz, we would have to do dramatically more to …

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Newmont Mining Is Ready To Rumble
seekingalpha.com

Luckily depressed gold prices are making its producers look attractively priced. Even financially stable miners like Newmont Mining Corporation (NEM) are trading at such low multiples, they would be prettier in the eyes of investors if they were …

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Gold Stock Price Update for Today, May 3 – Markets & Trade
marketsntrade.com

Goldcorp, Inc. acquires, develops and operates precious metal properties. It is one of the fastest growing gold producers and committed to mining practices. The Company's main product is gold. In addition the company also produces silver, copper & zinc.

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Gold & Silver Market Morning – GoldSeek.com
news.goldseek.com

Gold mines have to lower the size of their resources as they stop including grades that are unprofitable at these levels, so supply from the mines must drop with falling prices too. Balance strong current demand against falling supply, and you have the …

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Forget Gold; It's the Miners Who Are the Problem
www.fool.com

At least over this period, gold and gold miners have moved in the same direction, and it's simply the case that miners have been more volatile. (Miners' earnings are leveraged to the price of gold, so one would expect greater volatility in their shares …

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Back-Of-The-Envelope Stress Test: Coeur d'Alene Mines
seekingalpha.com

In light of the recent dramatic drop in precious metal spot prices concerns about the profitability of gold and silver miners have been raised. While some commentators see the yellow and white metals rebounding to previous levels others are not so …

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Avocet Mining nears record lows due to weak gold price
www.cityam.com

The London-listed gold miner said it produced 30,481 ounces at its Inata mine in Burkina Faso in the quarter, marginally down from 30,909 in the previous quarter, at a cash cost of $1,169 (£753) per ounce, down from the last three months of 2012.

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Goldcorp profit drops more sharply than expected
www.bnn.ca

Even though gold prices have plunged recently, the Vancouver-based miner said it was still committed to spending $2.8 billion US this year as it brings three new mines into production through 2015. With those new mines in Canada and Argentina, Goldcorp …

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CME Group Destabilizes Gold and Silver Markets
etfdailynews.com

What evidence do I have that current prices in the U.S. paper commodity markets for bullion are entirely fraudulent? Just look at the mining industry. As in the 1990's – when gold and silver prices were pushed to generational lows – the gold and silver …

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Photo Release — Santo Mining Corp to Start Producing Gold & Silver
www.nasdaq.com

The result indicates a potential of 3 million tonnes or $700 million in gold and silver in inferred resources at current prices. The Company plans to start shallow drilling, metallurgy testing, bulk sample testing in a local pilot plant, and commission …

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Gold Mining Stocks Dead Cat Bounce?
www.marketoracle.co.uk

Their fortunes are predicated on the gold and silver prices and unfortunately they have been put to the sword in what might be seen as a final capitulation as disgruntled investors throw in the towel and take their hard earned cash to more favourable …

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Gold Mining Firms "Should Think Unthinkable" About Gold Prices
goldnews.bullionvault.com

FOLLOWING last month's drop in precious metals prices, gold mining companies should "think the unthinkable" about the price they can expect to get for their output, investment bank Credit Suisse has said. Investors should also reappraise their …

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Gold: To Buy Or Not To Buy?
seekingalpha.com

This is because most mining companies begin projects with the expectation that gold can be sold at certain spot prices. When actual prices fall below these expectations (even by a dollar or two in the case of silver miners) the result can be a major …

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What Does It Really Cost To Mine Gold: The First Quarter Agnico Eagle Edition
seekingalpha.com

In an earlier article on the gold industry's total mining costs, I discussed one of the most important metrics to analyze the gold industry: the actual cost of mining an ounce of gold, which can help an investor figure out whether it is time to buy GLD …

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CANADA STOCKS-TSX drops as gold price hits miners; Suncor gains
www.reuters.com

The index's materials sector, which includes mining stocks, lost 1 percent. In the group, miner Goldcorp Inc fell 2.6 percent to C$28.41. The price of gold fell as investors remained on the sidelines ahead of central bank meetings this week in Europe …

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Yamana Gold Q1 profit sags on lower prices, higher costs – Mining Weekly
www.miningweekly.com

The average realised gold price in the first quarter of 2013 was $1 620/oz compared with $1 696/oz in the same quarter of 2012, the average realised copper price was $3.58/lb versus $3.73/lb in the first quarter of last year and the average realised …

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HSBC cut 2013 silver price forecast on growing mine output
www.dubaichronicle.com

HSBC also cut its 2013 silver price forecast to USD 26 per ounce from USD 33 and the 2014 price outlook to USD 27 per ounce from USD 31 earlier. The bank said factors limiting price appreciation for silver were likely to be growing mine output.

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