American investors aren't panicked about the re-emergence of Ebola in Africa, at least in the long term.» Read More
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.
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.
SYDNEY, April 23- Australia could spawn a new mega gold producer if Barrick Gold Corp and Newmont Mining Corp spin off their Asia-Pacific assets, heating up competition with the country's underperforming market leader Newcrest Mining Ltd..
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:
Some of Friday's midday movers:
Some of Thursday's midday movers:
Some of Monday's midday movers:
Take a look at some of Wednesday's midday movers:
Already cranky about the Fed, stock traders will be eyeing the Treasury's 10-year note auction Wednesday to see whether it helps drive interest rates higher.
Three days before Chinese GDP data, the Minister of Finance suggests he is comfortable with growth of 6.5 percent, when the "official" target is 7.5 percent. Coincidence?
China's export figures are not good news for GDP figures, which will be released on Sunday night.
We are hearing the usual chorus of complaints at the start of earnings season, that profits look anemic, but data suggests things may not be that bad.
Stocks held their gains Wednesday, extending their rally from the previous session, after the weaker-than-expected final read on first-quarter gross domestic product diminished worries that the Fed would rein in its stimulus measures in the immediate future.