Take a look at some of Wednesday's midday movers:» Read More
Some of Monday's midday movers:
TORONTO, Oct 30- Goldcorp Inc said on Thursday it expected "very strong" fourth-quarter production after its third-quarter earnings and output fell short of market expectations, pushing its stock down to a six-year low. We expect a very strong fourth-quarter finish, "Goldcorp Chief Executive Officer Chuck Jeannes said on a conference call.
TORONTO, Oct 30- Goldcorp Inc, the world's biggest gold producer by market value, reported lower-than-expected adjusted earnings on Thursday as production lagged expectations, sending its stock sharply lower. The Vancouver, British Columbia- based miner said adjusted earnings fell to $70 million, or 9 cents a share, in the quarter from $190 million, or 23 cents a...
Take a look at some of Wednesday's midday movers:
Take a look at some of Tuesday's midday movers:
Gold erased this year's gains, dragging gold mining stocks as much as 6 percent lower, as the dollar soared on a gangbusters labor report.
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.
Gold ended modestly higher on Tuesday ahead the Federal Reserve's policy announcement, but remained near an eight-month low.
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.
TORONTO, Sept 5- On one side, the founder of top miner Goldcorp Inc, his young apprentice, an aggressive securities lawyer, and a tiny company based in a Quebec mining town. Some of Canada's best-known mining executives are sparring over the early-stage but promising Odyssey gold discovery in Quebec, near Canadian Malartic, the country's biggest gold mine.
*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.
OTTAWA, July 11- The Supreme Court of Canada backed the right of the province of Ontario to grant forestry licenses on a tract of traditional native land on Friday after an aboriginal challenge of licenses that had been granted to a lumber company.
OTTAWA, July 11- The Supreme Court of Canada on Friday backed the right of the province of Ontario to grant forestry licenses, after an aboriginal challenge to licenses it had granted to a predecessor of Resolute Forest Products Inc.
Some of Thursday's midday movers:
Stocks finished broadly higher Tuesday, with the S&P 500 setting a new record, as investors cheered a batch of better-than-expected economic reports and merger activity.
Gold settled lower, but flaring tensions between government forces and pro-Russian separatists in Ukraine helped to minimized the metal's losses.
Gold gained as rising geopolitical tensions and heavy short-covering helped it reverse a sharp sell-off after encouraging US nonfarm payrolls data.
Gold dropped as investors nervously awaited the Fed's policy statement, with political tensions in Ukraine failing to prompt heavy safe-haven bids.
Some of Wednesday's midday movers:
Gold extended losses for a fourth straight day as outflows from physical gold funds pointed to weak investment appetite.