European Central Bank Cuts Interest Rate; Precious Metals Stumble
On Thursday, gold (NYSEARCA:GLD) futures for December — the most active contract — fell $9.30 to close at $1,308.50 per ounce, while silver (NYSEARCA:SLV) futures edged 11 cents lower to finish at...
View ArticleFederal Reserve Officials Jawbone Investors; Gold Hits 1-Month Low
On Tuesday, gold (NYSEARCA:GLD) futures for December — the most active contract — dropped $9.90 to close at $1,271.20 per ounce, while silver (NYSEARCA:SLV) futures fell 50 cents lower to finish at...
View ArticleTame Inflation Numbers Keep Gold and Silver in Check
On Friday, gold (NYSEARCA:GLD) futures for December — the most active contract — increased $1.10 to close at $1,287.40 per ounce, while silver (NYSEARCA:SLV) futures were unchanged to finish at...
View ArticleHere’s Why Goldcorp’s 2014 Could Be Strong
Anyone who follows the precious metals sector knows that Goldcorp (NYSE:GG) is a behemoth in the space. It has managed the terrible action in gold and silver back in 2013 and still manages to survive....
View ArticleIs Yamana Gold Worth Considering?
Like all gold miners, Yamana Gold (NYSE:AUY) shares recently experienced a sharp downturn from about $20/share in 2012 to just over $8/share late last year. So far this year, the shares have begun to...
View ArticleFranco Nevada Remains On Track
Source: http://www.flickr.com/photos/motoyen/ On Wednesday afternoon Franco Nevada Corp. (NYSE:FNV) announced its fourth-quarter and year-end results for 2013. The company took a couple of hits this...
View ArticleGoldcorp Ups Its Offer for Osisko to C$3.6 Billion
Source: Thinkstock This morning, Goldcorp (NYSE:GG) announced that it has increased its buyout offer for Osisko Mining (OTCMKTS:OSKFF) to C$3.6 billion ($3.3 billion.) This is another key development...
View ArticleIs the Osisko Mining Saga Finally Over?
Source: Thinkstock For the past three months or so, we have seen several deals proposed to Osisko Mining (OTCMKTS:OSKFF) by various gold mining companies led by Goldcorp (NYSE:GG). It seems that this...
View ArticleYamana Gold Should Shine Bright Once Again as Production Ramps Up
Source: Thinkstock After struggling for about two years, I think it is time for gold mining stocks to be accumulated at current levels. Even George Soros got back into them a few months ago. I think...
View ArticleGoldcorp Hunts for Growth in Africa
Source: Thinkstock Goldcorp (NYSE:GG) is the largest gold mining company by market capitalization [tied with Barrick Gold (NYSE:ABX)], although it produces less than half the gold that Barrick...
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