Take a look at some of Friday's midday movers:» Read More
JOHANNESBURG/ LONDON, March 19- Some of the lowest valuations in decades and rising pressure on Africa's gold producers to restructure or perish are likely to spur a wave of acquisitions in a sector attracting a growing number of potential buyers. Gold producers are now being forced to shape up to stay afloat and their focus has switched to cutting costs and...
VANCOUVER/ TORONTO, Jan 21- The New Year's rally in gold stocks offers a respite for the beaten-down sector, but it masks deep-seated problems of bloated debt, weak growth prospects and overvalued assets that will emerge when miners post year-end results in coming weeks. Even if bullion's recent rally persists- it is up 9 percent this year to $1,290 an ounce-...
*Gold sector holds best opportunities in mining- QKR. Gold shed around a quarter of its value in the last two years after a more than decade-long bull run. "We have never been busier," said David Harquail, chief executive of royalty and streaming company Franco-Nevada.
Some of Monday midday movers:
JOHANNESBURG, Dec 10- South African stocks rebounded on Wednesday, led by gold mining companies such as Gold Fields and AngloGold Ashanti which rose on the back of a firm gold price and a weaker rand. Gold Fields was the biggest climber on Johannesburg's broader All-share index, gaining 6.6 percent to its highest level in more than a year. Africa's largest gold...
Some of Tuesday's midday movers:
Take a look at some of Wednesday's midday movers:
Some of Monday's midday movers:
Some of Tuesday midday movers:
Some of Friday's midday movers:
Gold fell over 2 percent, nearly wiping out its previous session's rally, but signs of renewed buying interest in US futures could underpin prices.
LONDON, Nov 12- Gold rose on Wednesday as the dollar retreated from earlier highs, but overall sentiment stayed with the bears as outflows from bullion funds showed no sign of slowing. Holdings in SPDR Gold Trust, the world's top gold-backed exchange-traded fund, fell 0.12 percent to 724.46 tonnes on Tuesday- a six-year low. "The overall backdrop is still negative...
*Gold holds 1 pct gain from previous session. *Gold could struggle to sustain any rally. SINGAPORE, Nov 12- Gold held overnight gains on Wednesday, but could struggle to sustain rallies with the U.S. dollar close to four-year highs and outflows from bullion funds showing no signs of abating.
SINGAPORE, Nov 12- Gold retreated from sharp overnight gains early on Wednesday as the U.S. dollar edged closer on a four-year high. Gold has struggled to hold rallies with the dollar close to multi-year highs and big outflows from bullion funds. *Spot gold fell 0.2 percent to $1,161.60 an ounce by 0044 GMT, after gaining 1.2 percent on Tuesday from a softer dollar.
JOHANNESBURG, Nov 11- South Africa's AngloGold Ashanti plans to cut staff through voluntary severance packages as the bullion producer feels the pinch of lower gold prices and rising costs, it said on Tuesday. A union source close to negotiations with the company said 1,200 positions were affected in South Africa, with AngloGold considering moving 300 staff...
Some of Monday's midday movers:
Struggling gold producers plan increasingly drastic measures to survive the latest price plunge - but not all of them will make it.
LONDON/ VANCOUVER Nov 6- Struggling gold producers plan increasingly drastic measures such as scrapping dividends, cutting jobs, halting projects and shutting mines to survive the latest price plunge, but not all of them will make it. According to Citi analysts, about three quarters of gold mining companies burn cash at spot prices just below $1,200 on an all-in...
Some of Thursday's midday movers:
Check out which companies are making headlines after the bell Monday: TMUS, CUDA, AMD, TSLA & more.