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Posts related to ‘gold mining companies’

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Goldcorp Earnings Fall Short; Company Reaffirms Annual Guidance

Goldcorp Inc. (NYSE: GG) reported first-quarter 2013 earnings before markets opened this morning. The gold miner posted adjusted earnings per share (EPS) of $0.31 on revenues of $1.02 billion. In ...
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Gold and Silver

Gold and Silver: Look for Another Great Year in 2013

Gold futures closed at around $1,676 an ounce in 2012, about 7% higher than the $1,565 or so the yellow metal fetched at the beginning of the year. Forecasts for ...
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Gold Continues Rising, Miners Continue Mixed at Best (KGC, AU, ABX, GG, AUY, NEM)

Investors were buying gold yesterday on the belief that newly re-elected President Obama will not be able to come up with a way to avoid having the U.S. economy fall ...
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Gold Miner Randgold Tanking on Weak Results

Randgold Resources Ltd. (NASDAQ: GOLD) reported third-quarter 2012 earnings this morning. The gold mining company posted basic earnings per share (EPS) of $1.12 on revenues of $319.87 million. In the ...
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Gold Miners’ Outlook Weakens on Higher Costs, Stagnant Prices

Gold miners have been hit hard in the past 12 months by falling prices for the yellow metal and by higher mining costs. Over the course of the past year, ...
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Barrick Did Not Strike Gold in Q3

Barrick Gold Corp. (NYSE: ABX) reported third-quarter 2012 earnings this morning. The gold miner posted adjusted earnings per share (EPS) of $0.85 on revenues of $3.44 billion. In the same ...
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Kinross Gold Dumps CEO

Kinross Gold Corp. (NYSE: KGC) fired its CEO after the markets closed last night. The company replaced Tye Burt, its chief executive for the past seven years, with J. Paul ...
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Barrick Gold Fires CEO, Wants Higher Share Price (ABX, KGC, GG, AUY, NEM, FCX)

Barrick Gold Corp. (NYSE: ABX) announced this morning that it has replaced now-former CEO Aaron Regent and appointed the company’s now-former CFO, Jamie Sokalsky, as the new CEO, effective immediately. ...
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Risk On, Gold and Silver Off — A Little (GLD, IAU, SLV, SIVR, NEM, GG, ABX, GDX, GDXJ, SLV, DBS)

Following an end-of-week rally last week, the DJIA has picked up where it left off and is up about 100 points just before noon today. The NASDAQ and S&P 500 ...
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Golden Rules (GLD, GDX, GDXJ, ABX, NEM, BVN, SLV, SIL)

Gold prices set a record high above $1,624/ounce in foreign trading this morning, and is remaining quite solid, trading above $1,617/ounce at around mid-day. Silver posted a solid gain this ...
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Rising Gold Production Cost, Very Uneven From Miner To Miner (ABX, NEM, AU, GFI, HMY, GDX, GDXJ, GLD)

One of the major caveats related to gold mining and gold prices has been the rising cost of production. Higher labor costs, higher energy costs, and lower grade ores have ...
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