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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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Decoupling In Precious Metals Markets
etfdailynews.com

Understand that either a default or a decoupling is absolute proof that we have been dealing with totally artificial prices for gold and silver. No one is asserting that “there isn't any” gold or silver left to mine out of the Earth's crust. Quite the …

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Yamana Gold 1st-Quarter Profit Down 40% on Lower Metals Prices
www.foxbusiness.com

Last year, Yamana unveiled a plan to buy Extorre Gold Mines Ltd. (XG) for cash and stock worth around 413 million Canadian dollars (US$404 million), giving it access to the major Cerro Moro gold and silver development project in Argentina. Yamana …

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Is the Gold Mining ETF Slump Over?
www.zacks.com

Launched in Nov 2009, this popular ETF looks to focus on the small and mid cap firms in the gold and silver mining industry. It does so by tracking the price and yield performance of the Market Vectors Junior Gold Miners Index as closely as possible …

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Silver Survey 2013: 2012 Silver Price Second Highest on Record
silverinvestingnews.com

Mine supply increased 4 percent, or by about 30 Moz, to 787 Moz. Lead and zinc mining continued to be the top sources of silver, followed by gold mining. Primary silver mine supply, which only rose about 1 percent, represented about 28 percent of total …

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Falling gold prices delay plans to reopen Cononish mine
www.bbc.co.uk

Plans to reopen the Cononish mine near Tyndrum in Stirlingshire have been delayed due to falling gold prices. Scotgold Resources said the project remained viable and would generate a cashflow of more than £39m before tax over its first seven years of …

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JSE firmer but miners follow metals lower
www.bdlive.co.za

THE JSE was firmer on Tuesday morning, despite platinum and gold miners falling in response to drops in precious metals prices. The release of South Africa's March foreign trade data at 2pm is expected to give the market further direction. At 9.19am …

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Gold, Newmont Mining Are Both A Buy
seekingalpha.com

The cost from "mine to refine" has been estimated to be, industry wide, about $1,200/oz (J. Brumley, InvestorPlace, April 8, 2013), depending on where the gold is: littoral, open pit or deep shaft. Gold mining's most environmentally dangerous aspect is …

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