Goldcorp Announces Sale Of Camino Rojo Oxide Project
Iamgold Corp. (NYSE: IAG; TSX: IMG) announces completion of the previously announced sale of a 30% interest in the Côté gold project to a subsidiary of Japan’s Sumitomo Metal Mining Co., Ltd. for $195 million.
Gold Sees Mild Corrective Bounce
Gold prices are slightly higher early U.S. trading Wednesday, on some more short-covering in the futures market and on some technical chart consolidation after prices hit a four-week low Tuesday.
Read moreAlrosa Discovers Large Diamond At Its Famous Jubilee Pipe
Alrosa (MCX:ALRS), world’s top diamond producer by output, reported a new find on Tuesday — a 62.75-carat diamond recovered from its very fruitful Jubilee kimberlite pipe.
Mining Mogul Frank Giustra’s Grand Return To Gold
Canadian mining maverick and entrepreneur, Frank Giustra does not mince words.
Read moreGold Down Amid Bearish “Outside Market” Forces
Gold prices ended the day with modest losses and hit another four-week low Tuesday.
Read moreGold’s Luck Has Run Out, Prices To Fall To $1,100 By Year-End – Capital Economics
(Kitco News) – One firm sees gold falling 11% by the end of the year as further aggressive Federal Reserve interest rate hikes weigh on the market.
Read moreGold Trading Just Above Initial Support; Analysts See More Downside To $1,230
(Kitco News) – Hawkish Federal Reserve comments are helping to boost the U.S. dollar and weighing on gold prices.
Read moreMetals Focus: Growth In Gold-Mine Supply To End In 2017
Growth in global gold production is likely to come to an end in 2017 after eight years of uninterrupted gains, said the consultancy Metals Focus in a report Tuesday.
Read moreGold Turns Down As Crude Oil Solidly Lower, U.S. Dollar Stabilizes
Gold and much of the rest of the raw commodity sector are seeing selling pressure Tuesday morning
Read moreMandalay: Flooding Impact On Cerro Bayo Output To Be ‘Small’
Mandalay Resources Corp. (TSX: MND) says the impact on output from flooding at the Cerro Bayo operation on June 9 is small, but a search continues for two missing workers.
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