Iamgold Corp. Reports Adjusted Net Loss In Fourth Quarter
Iamgold Corp. (TSX: IMG; NYSE: IAG) late Wednesday reported an adjusted fourth-quarter net loss, including discontinued operations, of $62.8 million, or 16 cents per share, compared to net earnings of $10.2 million, or 3 cents per share, in the same qu…
Read moreGold Weaker Amid Marked Improvement In Risk Appetite This Week
Gold prices are again seeing modest selling pressure amid the marked improvement in trader and investor Risk appetite this week.
Read moreBarrick Posts 4Q Adjusted Profit, Aims To Cut Debt By Another $2 Billion In 2016
(Kitco News) – Barrick Gold Corp. (NYSE, TSX: ABX) reported Wednesday that it posted an adjusted profit for the fourth quarter, achieved its debt-reduction target for 2015 and aims to cut this by another $2 billion this year.
Read moreThe 6PM Recap With Gary Wagner: Gold Shows Resilience As Crude Pop Sets Off Equities Rise
Gold’s solid, if modest, rise today is significant not only because of technical factors that will be discussed in today’s video, but because the yellow precious metal showed fundamental strength in the face of very strong up-moves in equities and crude oil.
Newmont Mining Posts Lower Adjusted Net Income In Fourth Quarter
(Kitco News) – Newmont Mining Corp. (NYSE: NEM) reported fourth-quarter adjusted net income that was down from a year ago in a lower price environment for metals and as some gold and copper sales were deferred due to permit issues, although the compan…
Read moreKeep Long Gold Positions; Metal Has Seen Its Floor – Veteran Trader
As gold steadies Wednesday following a stellar rally last week, Kitco’s global trading director Peter Hug says he remains optimistic.
Gold’s Rally Was ‘Too Fast’ But $1,200 Still Great Entry Point – Horwitz
Gold prices ended the U.S. day session with slight gains Wednesday, as traders ‘bought the dip’ in prices that occurred earlier this week.
Gold Posts Slight Gains as Bargain Hunters “Buy The Dip”
Gold prices ended the U.S. day session with slight gains Wednesday, as traders “bought the dip” in prices that occurred earlier this week.
ABN Amro Now A Raging Bull, Expecting Gold Prices To Hit $1,300
(Kitco News) – After releasing its mea culpa for the precious metals market as week, as prices hit a one-year high, long-term bear ABN Amro has officially became a bull.
Read moreTDS: ‘Central-Bank Dynamics Will Eventually Help Gold Move Near $1,300/Oz’
TD Securities sees potential for gold to climb to $1,300 an ounce. Gold rose to a one-year high last week due to expectations for accommodative monetary policy and conjecture about negative rates in the U.S.
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