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Great Panther Silver Reverses To 2Q Profit
Great Panther Silver Ltd. (TSX: GPR; NYSE MKT: GPL) reports net income of $0.8 million for the second quarter, compared to a net loss of $1.3 million in the same period of 2016.
Read moreGold Unchanged After Drop In ISM Non-Manufacturing PMI
Gold prices were largely unchanged following a drop in momentum in the service sector, according to the latest data from the Institute of Supply Management (ISM).
Read moreMcEwen Mining Records Loss In Second Quarter
McEwen Mining Inc. (NYSE, TSX: MUX) posted a net loss in the second quarter of $1.7 million, or a penny per share, compared to a net income of $8.4 million
Read moreAsanko Gold Reports Decline In Profit
Asanko Gold Inc. (TSX, NYSE MKT: AKG), which operates the Asanko Gold Mine in Ghana, West Africa
Read moreStandard Chartered: July ETP Gold Outflows Most Since December
Investors in global gold exchange-traded products have scaled back their exposure to the yellow metal at the fastest pace since December, says Standard Chartered.
Read moreRichmont Mines Profitable In 2Q As Production Rises
Richmont Mines Inc. (TSX, NYSE: RIC) posted a profit in the second quarter as output rose from a year ago. Earnings for the April-June period were listed at C$10.5 million (US$7.8) million.
Read moreGold Looks Past In-Line Weekly Jobless Claims Data
(Kitco News) – U.S. initial weekly jobless claims fell by 5,000 to a seasonally adjusted 240,000 in the week to Saturday, the Labor Department said. The total was slightly higher than forecast.
Read moreGold Sees Normal Profit Taking After Recent Gains
Gold prices are moderately lower in early U.S. trading Thursday. Some normal profit taking by the shorter-term futures traders is featured after gold prices hit a six-week high earlier this week.
Read moreHecla Posts Loss In 2Q, To Lease Velardena Mill Another 24 Months
Hecla Mining Co. (NYSE: HL) early Thursday reported that it posted a loss in the second quarter, one day after announcing that it has reached an agreement to lease the Velardeña mill, located near the San Sebastian mine in Mexico, for an additional 24 months.
Bank of England Keeps Rates Steady, Gold In GBP Rises
Gold priced in British pounds rose after the Bank Of England announced it is keeping interest rates unchanged at record low on Thursday, while noting the impact of Brexit and slashing its economic growth forecasts for both 2017 and 2018.
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