SEMAFO Reports Increase In 4Q Adjusted Profit

SEMAFO Inc. (TSX, OMX: SMF) reports higher adjusted income in the fourth quarter compared to a year ago even as output eased.

Gold, Silver Sink To 5-Week Lows On Strong ADP Data, Rising U.S. Dollar

Gold prices are moderately lower and hit a five-week low in early U.S. trading Wednesday.

Gold Extends Loss After U.S. Feb. Private-Sector Jobs Rise By 298,000

U.S. firms created 298,000 new jobs during February, according to a report by processor ADP Wednesday. This was above forecasts, and gold extended its overnight loss.

Metals Focus: Gold-Investment Outlook Remains Positive

Gold is likely to keep attracting institutional and retail buying in the longer term, even though prices may ease some more ahead of next week’s meeting of the Federal Open Market Committee, says Metals Focus.

PRECIOUS-Gold slips on strong dollar ahead of U.S. jobs data

LONDON, March 8 Gold prices hit a four-week low
on Wednesday as the dollar gathered strength on the prospect of
a U.S. interest rate hike.

Momentum In Mining Finance Growing After 2016 Near-Death Experience

(Kitco News) – After the mining sectorâ??s â??near-deathâ? experience more than a year ago, investment interest is now growing again, giving companies more options for raising capital, according to a panel discussion at the Prospectors and Developers Association of Canada conference.

Update: Deloitte Developing Wearable Tech To Spur Mining Innovation, Efficiency

(Kitco News) – The mining sector is such a laggard when it comes to adopting new technology that an international management company is stepping into develop wearable tech, as it sees a void in innovation.

Gold Sinks To 6-Week Low On Strong U.S. Dollar, Chart Selling

Gold prices were trading down and hit a six-week low in early afternoon U.S. trading Tuesday.

Unique Ore Transportation Concept Fan Favorite At #DisruptMining

(Kitco News) – Injecting crushed raw ore into a sludge and then pumping it to the surface, eliminating the need for lifts or trucks, has been deemed one of the most popular technologies that has the most potential to disrupt the mining industry, accor…

Endeavour Mining’s 4Q Adjusted Profit, Output Rise

Endeavour Mining (TSX: EDV) reports that its fourth-quarter adjusted profit nearly doubled as production and gold prices rose from a year earlier but costs fell.

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