Agnico Eagle 2Q Profit Narrows; Output Guidance Lifted
Agnico Eagle Mines Ltd. (NYSE, TSX: AEM) late Wednesday reported a decline in its second-quarter profit but increased its production guidance for full-year 2018.
Read moreGoldcorp Reports 2Q Loss Due To Foreign-Exchange Loss
Goldcorp Inc. (TSX: G, NYSE: GG) late Wednesday reported a net loss in the second quarter that was largely the result of a non-cash foreign-exchange loss, although output also fell from a year ago.
Read moreBarrick 2Q Adjusted Profit Falls As Maintenance Cuts Gold Output
Barrick Gold Corp. (NYSE, TSX: ABX) late Wednesday reported a decline in its second-quarter adjusted earnings as output fell from a year ago mainly due to planned maintenance, which contributed to higher per-ounce costs although the price of the metal …
Read moreGold Is Not A Magic Elixir But An Attractive Store Of Value
(Kitco News) – Some investors have been frustrated and disappointed in gold’s lackluster performance as a safe-haven asset during a time of heightened geopolitical instability, but one portfolio manager warns that investors might be expecting too much.
Gold, Silver Prices See Tepid Rebounds
Gold and silver prices are modestly higher in early-afternoon U.S. trading Wednesday.
Read moreGold Prices Holding Gains As New U.S. Home Sales Fall 5.3% In June
(Kitco News) – The gold market continues to hold on to modest gains below critical resistance, but is seeing little benefit from slowing momentum in the U.S. housing sector as few consumers bought new homes last month.
Read moreChina’s Gold Output Falls 7.9% In First Half Of 2018
(Kitco News) – The world’s top gold-producing nation posted a drop in output during the first half of the year as miners feel the effects of tighter environmental regulations, according to the latest data from the China Gold Association.
Fresnillo Reports Higher 2Q Output But Trims Silver Guidance
Fresnillo (LSE: FRES) has trimmed its 2018 silver-production guidance but upped this for gold.
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