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Freeport-McMoRan Reverses To Net Profit In First Quarter

Freeport-McMoRan Inc. (NYSE: FCX) reports net income $228 million, or 16 cents per share, for first quarter, a turnaround from a net loss of $4.2 billion, or $3.35 per share, in the same period of 2016.

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Freeport-McMoRan Reverses To Net Profit In First Quarter

Freeport-McMoRan Inc. (NYSE: FCX) reports net income $228 million, or 16 cents per share, for first quarter, a turnaround from a net loss of $4.2 billion, or $3.35 per share, in the same period of 2016.

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Gold Down On Follow-Through Selling, Keener Risk Appetite

Gold prices are lower again in early U.S. trading Tuesday, as traders and investors are in a much more upbeat mood early this week.

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Standard: Extended Positioning Poses Risk For Silver; Supply Falling

“Overextended” bullish silver positioning poses near-term downside risk for silver even though supply/demand fundamentals are favourable as supply starts to decline, says Standard Chartered.

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Marine Le Pen Steps Down As Head of National Front To Attract Moderate Voters

Far-right leader Marine Le Pen said she is “temporarily” stepping down as the leader of the National Front Party just two weeks before the French presidential election.

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Mining Ushers In Most Prosperous Period In Nunavut’s History

Nunavut, Canada’s northernmost territory, is entering the most prosperous period in its history due to surging mining development and exploration, this according to the territorial government’s senior economist.

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Gold Down Amid Big Risk-On Trade After French Election

Gold prices were ending the U.S. day session lower but up from the daily low Monday, as safe-haven assets were hit hard by rallying risk assets that include world stock markets and the Euro currency.

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Bullish Gold Positioning Rises; Analysts Caution Of Correction

Large speculators built their bullish positioning in gold futures to a five-month high last week, but this in turn means potential for at least a temporary reversal, particularly after the first round of French political elections Sunday, analysts said.

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Where Do Gold Prices Go Post-French Election? – Natixis’ Dahdah

Forget about Europe, all eyes should be on interest rates in the U.S. when it comes to gold, says one precious-metals expert.

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Scorpio Gold Reports Adjusted Profit In Fourth Quarter

Scorpio Gold Corp. (TSX-V:SGN), which holds a 70% interest in the Mineral Ridge open-pit heap leach gold mine in Nevada, managed an adjusted profit for the fourth quarter when excluding special charges.

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