BMO: Earnings Reports Show Senior Producers Adapting To Lower Gold Prices
Senior North American gold-mining companies collectively generated free cash flow during the second quarter, thereby demonstrating that they can remain viable despite lower precious metals prices, BMO Capital Markets said in a report issued at the sta…
Read moreWelcome To The Klondike – Day 1 of Week Series
It is difficult to know exactly how to start off my first column, kicking off this year’s Yukon mining tour. I do feel a strong sense of history as I embark on a five-day, whirl-wind tour of some of the interesting mining properties in Canada’s north-western territory.
Gold Hits 3-Week High, Pushes Above $1,100, on Short Covering, Bargain Hunting, Bullish Outside Markets
Gold prices ended the U.S. day session moderately higher, moved above the psychological resistance barrier of $1,100.00 and hit a three-week high Monday.
Read moreBMO: Earnings Reports Show Senior Producers Adapting To Lower Gold Prices
Senior North American gold-mining companies collectively generated free cash flow during the second quarter, thereby demonstrating that they can remain viable despite lower precious metals prices, BMO Capital Markets said in a report issued at the sta…
Read moreUBS Cuts One-Month Gold Forecast By 13%, Says Floor May Be At $1,050
(Kitco News) – As bearish sentiment reigns in the gold market, one Swiss bank cut its short-term forecast for the metal by 13% and questions whether a floor may be nearby.
Read moreTechnical Trading: Gold Bulls Test 20-Day Moving Average
Gold prices have popped higher Monday and are testing the 20-day moving average line.
Read moreCFTC Data Show Modest Short Covering In Gold, Silver
Large speculators covered bearish positions in gold and silver futures and options, according to the latest Commodity Futures Trading Commission report.
Read moreGold Posting Modest Gains in Late-Morning Dealings
Gold futures prices are trading firmer and near the daily high in late-morning price action Monday. Short covering in the futures market and bargain hunting in the spot market are featured. The U.S. dollar index has backed down from its session high,…
Read moreWelcome To The Klondike – Day 1 of Week Series
It is difficult to know exactly how to start off my first column, kicking off this year’s Yukon mining tour. I do feel a strong sense of history as I embark on a five-day, whirl-wind tour of some of the interesting mining properties in Canada’s north-western territory.
Freeport-McMoRan Files Prospectus Supplement For Offering Of Common Stock
Freeport-McMoRan Inc. (NYSE: FCX) has filed a prospectus supplement with the U.S. Securities and Exchange Commission, under which the company would have the option of offering and selling shares of common stock with gross proceeds of up to $1 billion …
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