McEwen Mining Announces Record Production For 2015
McEwen Mining Inc. (NYSE, TSX: MUX) had record production in 2015, reporting a 22% increase year-over-year to 154,529 gold-equivalent ounces.
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Gold prices are seeing some more selling pressure
Read moreThe 6PM Recap With Gary Wagner: Everybody Has To Hop Onto The Seesaw
Now the reason is oil, oil and more oil. Oceans of the stuff, rivers, lakes, streams. It’s a far cry when, sometime around 1975 it was predicted the whole planet would be out of oil by 2005.
Former Fed Chief Bernanke Comments on ‘Audit the Fed’ – Brookings Institute
“Audit the Fed” is back in the spotlight, with the U.S. Senate set to vote on a bill to do an audit on the Federal Reserve’s assets next week. The last Fed chairman points out the bill might not actually be about auditing the central bank at all. Former Chairman Ben Bernanke is not too happy about it, either.
Gold Sinks On Bearish Outside Markets, Improving Risk Appetite
Gold prices ended the U.S. day session moderately lower Tuesday on more profit-taking and chart consolidation following recent gains that saw prices hit a two-month high late last week. Bearish “outside markets” also weighed on the precious metals today, as the U.S.
Time For A Gold Standard in China? – Bloomberg Intelligence
As global markets sit on the sidelines of what seems to be the China show, with its currency – the yuan – being the star of the show, analysts at Bloomberg Intelligence explore the possibility of a gold standard in the country.
Precious Metals To Retreat in Short Term; Platinum Could See Pop – Mitsubishi
Gold saw some relief last week on safe-haven demand, hitting a two-month high, while the other precious metals suffered; however, Mitsubishi says the outlook doesn’t look too positive for the precious metals.
Hecla: 2015 Silver-Equivalent Output Highest In Company’s 125-Year History
Hecla Mining Co. (NYSE: HL), North America’s oldest precious-metals mining company, said Tuesday that 2015 silver-equivalent output was the most in its 125-year history.
Citi: South African Mining Shares To Benefit From High Gold Prices In Rand Terms
Citi Research looks for share prices of South African gold producers to hold up this time around due to a weak currency in the country, which drives up the price of gold in the country’s currency.
Gold Down Amid Less Marketplace Anxiety, Higher U.S. Dollar
Gold prices are moderately lower Tuesday on some more profit-taking and chart consolidation following recent gains that saw prices hit a two-month high late last week.
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