Tags - Gold
Gold futures rallied above $1,500 an ounce on sustained demand for the traditional haven as the US-China trade war festers, global growth slows and central banks around the world ease monetary policy.
News ID: 5834    Publish Date : 2019/08/07

Cobalt, a semi-rare metal that derives its name from the German word for goblin, was given its moniker by medieval miners who frequently came across its noxious ores in their hunt for silver and gold. After a 50% drop in prices this year, it’s turned toxic for Glencore Plc too.
News ID: 5832    Publish Date : 2019/08/07

We were right. At the beginning of the year, in the January edition of the Gold Market Overview, we wrote that “2019 fundamental outlook for the gold market is better than one year ago”. The quote below will give you full insight into our predictions at that time:
News ID: 5745    Publish Date : 2019/08/05

Gold hit a six-year high on Friday as investors piled into the safe haven metal amid an escalating US-China trade war, and the prospects of a return to ultra-loose monetary policy by the Fed.
News ID: 5741    Publish Date : 2019/08/05

Central banks purchased a record $15.7bn of gold in the first six months of the year in an effort to diversify their reserves away from the US dollar as global trade tensions continue to simmer.
News ID: 5674    Publish Date : 2019/08/02

The Environmental Protection Agency is scrapping proposed restrictions on mining operations in Alaska’s Bristol Bay, dealing a victory to Northern Dynasty Minerals Ltd., which is hoping to tap a $100 billion copper-gold deposit in the region.
News ID: 5636    Publish Date : 2019/07/31

The gold price has now been camped out above $1,400 an ounce for a month, and silver has finally come alive above $16 per ounce, but legendary mining financier Eric Sprott had already kicked off a major junior investment spree when the metals were significantly cheaper than they are today.
News ID: 5634    Publish Date : 2019/07/31

European central banks have ditched a 20-year-old agreement to coordinate their gold sales, saying they have no plans to sell large amounts of the metal, the European Central Bank (ECB) said on Friday.
News ID: 5520    Publish Date : 2019/07/28

Vancouver-based Aftermath Silver’s (TSX: AAG.H) stock was up over 20% Friday, after it announced it is increasing its non-brokered private placement from 18.7 million units to up to 25 million units at a price of C$0.08 cents per share.
News ID: 5378    Publish Date : 2019/07/22

The world’s No.2 miner, Rio Tinto, (ASX, LON, NYSE:RIO) is once again in trouble in Mongolia, but this time it is not related to the government questioning the legitimacy of the ongoing underground expansion of its giant Oyu Tolgoi copper-gold-silver mine, but the costs and schedule of the project.
News ID: 5269    Publish Date : 2019/07/17

Turquoise Hill’s (NSYE: TRQ) stock tanked over 42% on Tuesday, after releasing its Q2 2019 report, revealing costs for the expansion of its Oyu Tolgoi mine could increase by up to $1.9 billion.
News ID: 5268    Publish Date : 2019/07/17

West Africa-focused Avesoro Resources (TSX, LON: ASO) continues to transition from mining operator to contractor after concluding an agreement for Youga open pit gold mine in Burkina Faso, which could ease project funding pressure on the company.
News ID: 5227    Publish Date : 2019/07/16

In the first quarter of 2019, the global gold market continued to recover from the two-year lowest average price point of $1,213/ozt recorded in Q3 2018, rebounding to $1,304/ozt in Q1 2019, the second consecutive quarter of growth.
News ID: 5226    Publish Date : 2019/07/16

How likely is a recession in the United States? Predicting a recession is difficult, but one can make some nice money with a good forecast. So let’s focus on the most important recessionary models developed by the Fed.
News ID: 5151    Publish Date : 2019/07/14

I hope to reflect on some of the themes that perhaps other companies would look on and say, “That’s something that we should be considering.” Investors will look on and say, “That’s something that we need to consider as part of our investment thesis.”
News ID: 5090    Publish Date : 2019/07/09

Barrick Gold Corp. is working with advisers to find a buyer for its Massawa gold project in Senegal, which it acquired as part of its purchase of Randgold Resources Ltd., people familiar with the matter said.
News ID: 5041    Publish Date : 2019/07/07

Workers at Nutrien Ltd.’s Cory potash mine in Saskatchewan have been stuck underground since Tuesday afternoon, but are safe.
News ID: 5032    Publish Date : 2019/07/04

Gold held its rally on a cocktail of positive drivers including weak macroeconomic data, sinking Treasury yields and expectations for fresh easing from the U.S. Federal Reserve.
News ID: 5031    Publish Date : 2019/07/04

The Tsilhqot’in First Nation have set up a “peaceful protest” on a road near Williams Lake, British Columbia and have turned back a work crew that had planned to move in heavy equipment to conduct drilling for the New Prosperity mine.
News ID: 5029    Publish Date : 2019/07/04

Gold tumbled back below $1,400 an ounce after the U.S. and China reached a truce in their trade war, dealing a blow to havens.
News ID: 5000    Publish Date : 2019/07/02