SEMAFO Lists Adjusted Loss In First Quarter; Output Falls
SEMAFO Inc. (TSX, OMX: SMF) reports an adjusted operating loss of $1.9 million in the first quarter, saying this was mainly due to an increase in depreciation expense
Read moreTeranga Gold Announces Effective Date For Share Consolidation
Teranga Gold Corp. (TSX, ASX: TGZ) reports that a one-for-five consolidation of its common shares, which was approved at a meeting of shareholders, will be effective on Friday.
Read morePrimero: 1Q Result Impacted By San Dimas Strike
Primero Mining Corp. (TSX: P; NYSE: PPP) reports that adjusted earnings were roughly flat per share in a first quarter in which output was reduced due to a strike that since has been resolved.
Read moreGold At Daily Lows, Hits 4-Week Low Ahead Of FOMC Statement
Gold prices are solidly lower, hit a four-week low and are trading near the daily lows in late-morning action Wednesday.
Read moreTorex Reports 1Q Profit As Mine Ramp-Up Continues
Torex Gold Resources Inc. (TSX: TXG), which continues to ramp up the El Limón-Guajes Mine that began commercial production in Mexico in March 2016, reports net income for the first quarter of $8.9 million
Gold Hits Session Lows Following Rise In ISM Non-Manufacturing Data
(Kitco News) – Gold prices have pushed lower, falling below initial support at the 50-day moving average, following renewed momentum in April the U.S. service sector, according the latest data from the Institute for Supply Management.
Read moreStandard: U.S. Treasury Market Holds Key For Gold Prices
Friday’s release of April nonfarm payrolls (NFP) could be a key catalyst for short-term direction in the gold market, with a robust report likely to hurt prices of the metal, says Citi Research.
Gold Continues To Drift Lower Ahead Of Important Data
Gold prices are again modestly down and hovering near a three-week low in early U.S. trading Wednesday
Read moreGold Remains Weak Following In-Line Private Sector Employment Growth
(Kitco News) – Gold prices remain under pressure, but are unchanged, testing support above 200-day moving average as the private sector continued to generate jobs, according to the latest data from private-payrolls processor ADP.
Read moreTorex Reports 1Q Profit As Mine Ramp-Up Continues
Torex Gold Resources Inc. (TSX: TXG), which continues to ramp up the El Limón-Guajes Mine that began commercial production in Mexico in March 2016, reports net income for the first quarter of $8.9 million, or 11 cents per share.