Silver Standard Lists Higher 4Q Gold Output But Still Ends With Loss
Silver Standard Resources Inc. (Nasdaq: SSRI; TSX: SSO) reports higher production in the fourth quarter and full-year 2015 but nevertheless ended up with a net loss due to impairment charges and lower gold prices, a common theme in the mining sector fo…
Read moreBetter Risk Appetite Late This Week
Good morning this is the open with Jim Wyckoff. Gold Prices are near steady on some mild profit taking and chart consolidation.
Read moreGoldcorp Posts 4Q Loss On Impairment, To Trim Dividend Program
(Kitco News) – Goldcorp Inc. (TSX: G, NYSE: GG) posted a net loss in the fourth quarter largely due to an impairment charge and also announced it was cutting its dividend program, switching from monthly to quarterly payments.
Read moreThe 6PM Recap With Gary Wagner: Gold Holds Its Own As Oil Jumps And Equities Follow Like A Puppy
What is the feeling in your financial ear? That’s the dizziness from the swooping, climbing, falling and twisting of oil prices and the effects of those maneuvers on other markets.
CEO Foresees Centerra Gold Doubling Annual Output To 1 Million Ounces In Five Years
The still-new chief executive of Centerra Gold Inc. (TSX: CG) is enthusiastic about taking over a company that he says is on track to double its production to 1 million ounces of gold in half a decade.
Read moreIs China Ready To Launch Yuan-Gold Fix By April?
While there are still a lot of unknowns and question in the marketplace, it appears that the Shanghai Gold Exchange is preparing to launch a yuan-denominated gold fix within two months.
Read moreNear Steady Amid Chart Consolidation, Mild Profit Taking, Some Safe-Haven Buying
Gold ended the U.S. day session near unchanged in a two-sided trading session Thursday. Some early profit-taking and chart consolidation was offset by fresh safe-haven demand and traders buying the early dip in prices. April Comex gold was last down $1…
Read moreAnalyst Dismiss 84% Monthly Drop In Chinese Gold Imports From Hong Kong As ‘Seasonal Anomaly’
Analysts appear to be looking past last month’s weak Chinese gold imports, dismissing the data as a simple season anomaly.
Commerzbank: Gold ETF Holdings Climb For 10th Straight Day
Holdings in global exchange-traded funds rose Wednesday for 10th consecutive day, rising another 10 tonnes, says Commerzbank.
Read moreGuyana Goldfields: So Far, So Good For Commercial Production At Aurora Mine
Guyana Goldfields Inc. (TSX: GUY) reports that commercial production at its Aurora Gold Mine in Guyana, which was reached at the start of the year, is on track to meet output guidance so far this year.
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