Primero Lowers 2016 Guidance After First-Quarter Production
Primero Mining Corp. (TSX: P; NYSE: PPP) has reduced its guidance for 2016 after first-quarter output fell below expectations during the implementation of safety measures
Read moreNo Oil Deal But No Surprise
Oil producers failed to come to an agreement over a production freeze on the weekend.
Read moreGold Firmer On Some Safe-Haven Demand After Failed Oil Meeting
Gold prices are moderately higher in early U.S. trading Monday, on some safe-haven demand and on a corrective bounce after recent selling pressure.
Read moreOperations Suspended At Goldcorp’s Mine As Missing Worker Found Dead
The worker missing after a rock fall at Goldcorp Inc.’s (TSX: G, NYSE: GG) Marlin mine in Guatemala late last week has been found dead
Labor Dispute Halts Work At Pan American’s Manantial Espejo Mine
A work stoppage due to a labor conflict has occurred at Pan American Silver Corp.’s (Nasdaq: PAAS; TSX: PAA) Manantial Espejo mine in Argentina, the company reported Sunday.
Gold Firmer On Some Safe-Haven Demand
Gold prices are modestly higher in early U.S. trading, on some safe-haven demand amid lower oil prices and weaker World stock markets.
Read moreRisk Off Friday Seems Intently Focused On Oil And Talks In Doha
We closed the week with a decidedly risk-off day. Worldwide, equities reflect this sentiment best.
Read moreSilver Is the Market To Watch Next Week As Prices Up 17.6% On The Year
Despite a strong start at the beginning of the week, gold prices have ended the week in negative territory. To add insult to injury, the yellow metal is no longer the best performing precious metal as silver now claims that title.
Read moreSo China is Safe?…Deutsche Bank Not So Much
So those concerns about a potential hard landing in China have been snuffed out– the numbers came in showing that the Chinese economy expanded at a rate of 6.7% in the first quarter, down marginally from 6.8% growth in the previous quarter.
Wall Street, Main Street At Odds Again As Sentiment Falls
Sentiment is once again shifting as gold has been unable to retest its March 13-month highs, according to latest results of the Kitco News Wall Street Vs. Main Street Gold Survey.
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