ThinkstockBarrick Gold Corp. (NYSE: ABX) reported fourth-quarter and full-year 2012 earnings before markets opened this morning. For the quarter, the gold miner posted adjusted earnings per share (EPS) of $1.11 on revenues…
U.S. equity markets opened higher this morning following a closely watched report on U.S. retail sales came in about as expected (more coverage here). U.S. business inventories rose less than expected in…
ThinkstockThere are a variety of ways to invest in precious metals. Buying gold or silver bars and coins is one, exchange traded products (ETFs) are another, and a third is investing in…
ThinkstockEverything about the mining industry is big, so it should come as no surprise that when things don’t work out as planned, the mistakes are big too. Two mining CEOs have lost…
ThinkstockGold 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 the price…
ThinkstockTwo days ago, a mining company named Southridge Enterprises Inc. (SRGE) issued a press release announcing a joint venture with gold miner Kinross Gold Corp. (NYSE: KGC). Only thing is, the joint…
Paul Ausick There are two schools of thought regarding the reaction of precious metals to the eventual resolution (or non-resolution) of the current negotiations on the U.S. fiscal cliff. If the two sides can…
U.S. equity markets opened slightly higher this morning, but by the end of the first hour stocks had turned south and remained in negative territory throughout the rest of the day. In…
ThinkstockInvestors 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 off the…
These are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Thursday. Autodesk Inc. (NASDAQ: ADSK) cut to Hold at Jefferies. Bank of America Corp.…
U.S. equity markets opened lower this morning as traders and investors tried to sort out their reactions to the re-election of President Obama. The initial reaction is that the U.S. economy is…
These are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Tuesday. Activision Blizzard Inc. (NASDAQ: ATVI) named value stock of the day at Zacks.…
The price of gold has risen by about $200 an ounce since the end of June and has scored about half that gain since the first of September. The yellow metal is…
The three major US stock indexes opened mixed this morning following a wealth of data on the Chinese economy. The short version is that the economy is slowing so much and inflation…
Kinross Gold Corp. (NYSE: KGC) reported second-quarter adjusted earnings per share (EPS) of $0.14 and $1 billion in revenue after the markets closed last night. The company posted EPS of $0.24 for…
