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Christian: El Salvador Mining Ban Won’t Impact Supply But Limits Economic Potential

The El Salvadoran government’s decision to ban all mining for gold and other metals won’t have a major impact on the sector in the short term since there is little if any production anyway.

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Sierra Metals Reports Fourth-Quarter Adjusted Profit

Sierra Metals Inc. (TSX: SMT) reversed to an adjusted profit in the fourth quarter.

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Richmont Reports New Mineralization At Island Gold Mine

Richmont Mines Inc. (TSX, NYSE: RIC) reports that its exploration and delineation drilling program at the cornerstone Island Gold Mine has identified new high-grade mineralization located approximately 800 meters east of the main deposit

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OceanaGold Corp. Announces Updates On Reserves

OceanaGold Corp. (TSX, ASX: OGC) reports a dip in proven and probable reserves of gold but an increase in those for silver

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Mark Brennan Resigns As President, CEO Of Sierra Metals

Mark Brennan has tendered his resignation as president and chief executive officer of Sierra Metals Inc.

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Seabridge Announces Two Offerings Totaling $34.3 Million

Seabridge Gold Inc. (TSX: SEA; NYSE: SA) reports a $14.3 million bought deal offering of common shares and a concurrent $20 million bought deal offering of flow-through shares.

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Gold Sees Modest Drop After 2.1% Rise In Q4 GDP

(Kitco News) – The gold market continues to attract some profit taking, seeing muted reaction following stronger than expected 2016 fourth quarter gross domestic product data.

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U.S. Weekly Jobless Claims Fall 3,000 To 258,000

U.S. initial weekly jobless claims fell by 3,000 to a seasonally adjusted 258,000 in the week to Saturday, the Labor Department said. The tally exceeded forecasts.

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Sierra Metals Reports Fourth-Quarter Adjusted Profit

Sierra Metals Inc. (TSX: SMT) reversed to an adjusted profit in the fourth quarter.

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Gold Pressured By More Profit Taking, Rebound In U.S. Dollar

Gold and silver prices are moderately lower in early U.S. trading Thursday.

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