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Gold Loses Modest Gains in Late-Morning Action

Gold prices are trading near steady in late-morning New York trading Thursday.

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Eldorado Halts Investment In Skouries Project In Greece

Eldorado Gold Corp. (TSX: ELD; NYSE: EGO) said Thursday it is putting its Skouries development project in Greece back on “care and maintenance” as it faces an ongoing stalemate with the government over securing necessary permits.

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Torex Reports Continuation Of Blockade, 3Q Net Loss

Torex Gold Resources Inc. (TSX: TXG) reports a third-quarter loss and continuation of a blockade at its El Limón Guajes Mine in Mexico.

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Fortuna Silver Mines Remains Profitable In 3Q

Fortuna Silver Mines Inc. (NYSE: FSM; TSX: FVI) reports net income in the third quarter of $10.3 million, or 6 cents per share, compared to $10.2 million

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Silvercorp Metals Posts Profitable Quarter

Silvercorp Metals Inc. (TSX, NYSE: SVM), a Canadian company with multiple mines in China, remained profitable in its fiscal second quarter of 2018 ending on Sept. 30.

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EY: Metals Producers Seek Projects In ‘Lower-Risk Havens’

Metals producers are looking for new projects but want them in regions that are considered safe for investors, says EY, a global financial advisory service.

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Gold Prices Unchanged After 10K Rise In Weekly Jobless Claims

(Kitco News) – Gold prices are little changed on the day, holding overnight gains after initial weekly U.S. jobless claims rose by 10,000 to a seasonally adjusted 239,000 in the week to Saturday, the Labor Department said.

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Gold At 3-Week High As U.S. Dollar Fades

A weaker U.S. dollar index is helping to push gold prices modestly higher in early U.S. trading Thursday.

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Q3 Global Gold Demand Falls 9%, Hits 8-Year Low – WGC

Lackluster investor interest in North America and declining jewelry sales in India weighed heavily on global gold demand, which fell to its lowest level in eight years, according to the latest report from the World Gold Council (WGC).

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Bitcoin Nearly Hits $8,000 As Developers Back Out Of Another Split

The popular digital currency, bitcoin, came close to $8,000 on Wednesday, as markets reacted to the news that another cryptocurrency split might not happen after all.

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