Gold extended losses for a fourth straight day as outflows from physical gold funds pointed to weak investment appetite.» Read More
TORONTO, June 2- A major shareholder of Timmins Gold Corp, which owns the San Francisco gold mine in Mexico, said on Monday it planned to nominate six candidates for the company's eight-member board. Shares of Timmins jumped 5.8 percent to C $1.46 in morning trading on the Toronto Stock Exchange.
*To pay 0.525 in stock, equals C $1.12 per share. May 21- Canada's Rio Alto Mining Ltd said on Wednesday it would buy Sulliden Gold Corp Ltd for about C $300 million in an all-stock deal to create a Peru- focused gold miner.
May 21- Rio Alto Mining Ltd said it would buy Sulliden Gold Corp Ltd in a deal valued at about C $300 million, creating a gold miner focused on Peru, the fifth biggest gold producer in the world. The offer values Sulliden at C $1.12 per share, representing a 43 percent premium to the stock's Tuesday close on the Toronto Stock Exchange.
SINGAPORE, April 22- Copper futures on the London Metal Exchange slipped on Tuesday as the bourse reopened after a long holiday weekend, still pressured by worries over Chinese demand amid a slowdown in the world's top user of the industrial metal.
SINGAPORE, April 22- Gold extended losses into a fourth session on Tuesday, hovering near its lowest in 2-1/ 2 weeks as equities climbed and on outflows from bullion-backed funds.
April 21- A takeover battle for Canada's Osisko Mining Corp, involving three of the world's top gold producers, is more than just a testament to the quality of the company's low-cost mine, it also spotlights a shortage of top-class gold assets in politically stable areas of the world.
SINGAPORE, April 17- Gold held steady just above $1,300 an ounce on Thursday supported by tensions in Ukraine, but the metal was at the risk of adding to recent losses as the world's biggest gold-backed fund saw its sharpest outflow in nearly four months.
VANCOUVER, Feb 6- At a time when major miners have turned gun-shy on acquisitions after a rash of value-busting deals, two big players made it clear last week that they are still keen to partner with junior firms on high-quality, early-stage projects.
Gold settled lower as investors started to factor in expectations the Fed will maintain monetary stimulus.
Take a look at some of Thursday midday movers:
Gold settled nearly 1 percent higher at $1,328 on Thursday, after briefly extending the previous day's 2 percent sell-off.
Gold mining stocks have lost their luster as commodity prices fall. But investors may be missing improving fundamentals, say fund managers.
More Americans are wealthier, whether from a successful IPO or a 401(k). And CNBC's Jim Cramer said that it makes sense to invest those gains in stocks.
Check out which companies are making headlines after the bell Thursday:
The crash in gold prices has frozen the market for the commodity and several companies will be victims, Jim Cramer says.
Check out which companies are making headlines after the bell Wednesday.
TORONTO, Oct 25- Goldcorp Inc, the No. 2 Canadian gold miner, reported better-than-expected quarterly results on Thursday, as improved performance at its Red Lake and Penasquito mines led to strong gold and silver sales.
TORONTO, Oct 25- Goldcorp Inc, the No. 2 Canadian gold miner, reported a 48 percent increase in quarterly profit on Thursday, as improved performance at its Red Lake and Penasquito mines led to strong gold and silver sales.
*Sees strong performance at Meadowbank mine in Canada. Oct 24- Canada's Agnico-Eagle Mines Ltd reported a quarterly profit on record gold production on Wednesday and boosted its output forecast for the year by 5 percent.
*UBS raises Barrick Gold target price to $52 from $46; rating buy. *UBS raises Rainy River Resources Ltd price target to C $7 from C $6;. rating buy* UBS raises Centerra Gold target price to C $17 from C $15.5; rating buy.