(Kitco News)- Agnico Eagle Mines Ltd.(NYS: AEM, TSX: AEM) late Wednesday reported a smaller profit in the thirdquarter compared to a year ago but increased its production guidance for 2018and 2019.Net income was $17.1 million,or 7 cents per share, down from $72.5 million, or 31 cents, in the thirdquarter of 2017, the company said.The July-September resultsincluded non-cashforeign currenc...Read More
(Kitco News) - Agnico Eagle Mines Ltd. (NYS: AEM, TSX: AEM) late Wednesday reported a smaller profit in the third quarter compared to a year ago but increased its production guidance for 2018 and 2019.Net income was $17.1 million, or 7 cents per share, down from $72.5 million, or 31 cents, in the third quarter of 2017, the company said.The July-September results included non-cash foreign...Read More
(Kitco News)- Goldcorp Inc. (TSX: G, NYSE: GG) late Wednesday reported anet loss for the third quarter as production declined from the same period ayear ago, although it is expected to improve in the current quarter.The net loss was listed at $101 million, or 12 cents pershare. In the same period a year ago, the company listed a profit of $111million, or 13 cents. The July-September results includ...Read More
(Kitco News) - Goldcorp Inc. (TSX: G, NYSE: GG) late Wednesday reported a net loss for the third quarter as production declined from the same period a year ago, although it is expected to improve in the current quarter.The net loss was listed at $101 million, or 12 cents per share. In the same period a year ago, the company listed a profit of $111 million, or 13 cents. The July-September results i...Read More
"@StovallCFRA @johnpagnotta Yes -- but have you considered the fundamental foundation on the chart below as part of your analysis ? It suggests its all debt driven.The crash that began in 2008 has not been rectified --- it has been financially extended. When the hammer drops lots will be nailed."Read full newsRead More
(Kitco News)- Barrick Gold Corp. (NYSE: ABX,TSX: ABX) lateWednesday reported a net loss of $412 million, or 35 cents per share,compared to a loss $11 million, or a penny, in the third quarter of 2017.The July-September net loss was mostly due to a $405 millionimpairment charge at the Lagunas Norte mine in Peru, the company said. Therewere also several other special items, including a $62 millionfo...Read More
(Kitco News) - Barrick Gold Corp. (NYSE: ABX, TSX: ABX) late Wednesday reported a net loss of $412 million, or 35 cents per share, compared to a loss $11 million, or a penny, in the third quarter of 2017.The July-September net loss was mostly due to a $405 million impairment charge at the Lagunas Norte mine in Peru, the company said. There were also several other special items, including a $62 mil...Read More
Yellow metal heads for the highest close in three months. Price keeps hovering around $1,230/oz with a positive outlook. Gold prices are about to post a modest the second daily gain in-a-row but the bullish tone eased amid risk aversion. The price peaked during the Asian session at $1,233/oz and then quickly dropped, finding support above $1,225 on European hours. Since then it has b...Read More
"@HenrikZeberg @hks55 The deflationary contraction underway since 2008. (see chart) This time debt levels will be brought down thru DEFAULT. That's basically how the dark ages were initiated. The higher inflation will come as each nation defaults & their currency becomes worthless. My opine only."Read full newsRead More
"@SheikStock @CROP_cse Projected on the lower scale (under promise, over deliver). Cannot talk/project numbers that were not released via news release. The offtake deal covers just one-fifth of the total grow scale on the one property. Lots of upside to look at."Read full newsRead More
"IAMGOLD (TSX:IMG,NYSE:IAG) has released a feasibility study for its Boto gold project, saying that it represents "significant" improvements from a prefeasibility study put out in February. https://t.co/bev0jNK5MX #gold #mining #investing"Read full newsRead More
Semis, FANGs, all getting slaughtered as Nasdaq tumbles 2.6% on the day to its lowest in almost 6 months...Read full newsRead More
"Canada Cobalt Works (CCW-V) Pilot Plant Produces 8.25% Cobalt Concentrate From Waste Pile -- Canada CobaltWorks Discovers Broad New Mineralized Zones in Drilling 1.5 km East Of Castle Mine -- #CCW $CCW @CanadaCobalt #Cobalt --Read the News Release here: https://t.co/QodzrXfn37"Read full newsRead More
"Take a second to check out Stelmine Canada, currently exploring in Quebec! $STH #STH #Courcy #Joubert #Fermont#QuebecMining #Gold #Opinaca #AU Read their corp. presentation here: https://t.co/AUFCl6HSJy"Read full newsRead More
Although global stock markets had moderate gains today, U.S. equities were once again under dynamic pressure which resulted in a 600+ decline in the Dow Jones Industrial Average. The Dow lost 608 points (-2.41%) in trading and is currently fixed at 24,583.42. The NASDAQ composite also had substantial losses in trading today, and after giving up almost 4 1/2 %, today's 321-point decline takes the...Read More
Although global stock markets had moderate gains today, U.S. equities were once again under dynamic pressure which resulted in a 600+ decline in the Dow Jones Industrial Average. The Dow lost 608 points (-2.41%) in trading and is currently fixed at 24,583.42. The NASDAQ composite also had substantial losses in trading today, and after giving up almost 4 1/2 %, today's 321-point decline takes the...Read More
Volkswagen shares tumbled as much as 6% on Wednesday, after the President and CEO of Volkswagen China told Nikkei that the company will likely end the year with flat or lower sales volume in China compared to last yearRead full newsRead More
Evidence of a looming financial crisis may be growing, according to Harry Dent.The man who warned of the 2001 tech crash, the 2008 subprime financial disaster and China's recent stock market decline - years before they happened - has issued a new earth-shattering statement:"The Dow is set to embark on a catastrophic plunge...all the way down to 6,000."Harry Dent recently explained: "Nations are...Read More
"$CCW Canada Cobalt Works has a process (Re-20x) that could potentially extract #cobalt, #lithium and other #metals from phones and computers! Check them out today! #Mining #SmallCaps #Momentumstockshttps://t.co/uuBwoOMdkJhttps://t.co/MLyVUHMCTphttps://t.co/8NCcSFaxOC"Read full newsRead More
Learn what factors could drive the gold price over the next 12 months, and explore three gold ETF trading ideas.Read full newsRead More