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NEW YORK— A look at the 10 biggest percentage decliners on New York Stock Exchange at 1 p.m.:. Doral Financial fell 12.7 percent to $5.84. Paragon Offshore fell 10.0 percent to $5.06.
VANCOUVER, Sept 25- The price of gold, down more than a third in three years, is approaching the tipping point where the mining industry would see a spike in the number of producers reducing output or even shutting down operations. The industry has geared itself around $1,200, "said Joseph Foster, portfolio manager at institutional investor Van Eck Global.
SINGAPORE, Sept 16- Gold clung to small overnight gains on Tuesday but investors refrained from taking big positions in the metal as they waited for the start of a Federal Reserve policy meeting for clues on when the U.S. central bank could raise interest rates. *Spot gold was little changed at $1,233.20 an ounce by 0025 GMT.
SINGAPORE, Sept 11- Gold was trading near its lowest level in three months on Thursday, hit by fears of an early hike in U.S interest rates, a stronger dollar and an apparent easing of tensions over the Ukraine. *Spot gold was little changed at $1,248.95 an ounce by 0030 GMT, after dropping 0.6 percent on Wednesday, when it hit a three-month low of $1,243.56.
NEW YORK, Sept 10- U.S.-listed shares of South African gold miner AngloGold Ashanti Ltd were among the biggest percentage decliners on the New York Stock Exchange Wednesday after it announced a $2.1 billion rights issue and plans to spin off its non-South African assets in a new British-based company.
The all-in cost of producing an ounce of gold dropped by 23 percent to $1,331 an ounce in the year to end-March, according to data from Citigroup.
American investors aren't panicked about the re-emergence of Ebola in Africa, at least in the long term.
Aug 8- Contractors at ArcelorMittal SA's iron ore mine in Liberia are evacuating the country and other miners are sending staff home to prevent the spread of the deadly Ebola virus. A prolonged outbreak, however, will threaten mineral production in Sierra Leone, Liberia and Guinea if essential supplies are disrupted and employees stay away from work too long.
The outbreak began in the forests of eastern Guinea in February. Its epicenter has spread to Sierra Leone and Liberia, while cases have also been recorded in Nigeria. Below is a compilation of recent statements by companies with operations in Sierra Leone, Liberia, Guinea or neighboring countries.
*Gold shares up 22%, heavily outperform basic gold price. LONDON, Aug 8- Gold mining shares are bouncing back from a disastrous 2013 and are expected to far outperform the price of the metal in coming months as company efficiency measures lure investors back to the sector.
MONROVIA/ DAKAR, Aug 6- Poverty, then war, and now, a deadly plague. Among the world's poorest states at the bottom of global development indexes, Sierra Leone, Liberia and Guinea had shown signs of leaving behind brutal wars and leaping into Africa's economic boom- before a lethal Ebola epidemic struck.
*Gold miners to return to net hedging in 2014. LONDON, July 11- The gold mining industry is increasing its net hedged position for the first time since 2011 after a plunge in gold prices worried creditors, but a return to selling forward masses of bullion is a distant prospect.
Some of Thursday's midday movers:
Some of Thursday's midday movers:
DOKO, Democratic Republic of Congo, May 8- The open pit of the giant Kibali mine in northeastern Democratic Republic of Congo, a yawning beige crater punched in dense forest, could turn a remote corner of one of the world's poorest countries into an economic powerhouse.
Some of Wednesday's midday movers:
Some of Monday's midday movers:
After the steep drop in homebuilder sentiment in February, Wednesday's housing starts report could have more impact than usual.
Gold ended near its highest in three months after new Fed Chair Janet Yellen's first congressional testimony.
Some of Tuesday's midday movers: