European markets closed sharply higher on Friday, cheering the European Central Bank's (ECB) decision to launch a full-scale bond-buying program.» Read More
*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.
*FTSE 100 up 0.3 pct, France's CAC up 0.4 pct. Britain's blue-chip FTSE 100 index rose 0.3 percent while France's CAC-40 advanced 0.4 percent. Randgold Resources was among the best-performers on the FTSE, advancing 2.1 percent as the gold mining specialist benefited from a rise in the price of gold itself.
European shares closed sharply higher on Friday after the U.S. monthly jobs report showed the economy adding 321,000 jobs in November.
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Struggling gold producers plan increasingly drastic measures to survive the latest price plunge - but not all of them will make it.
European shares closed down on Thursday, after trading in and out of positive territory throughout the afternoon.
*Suedzucker, Gerresheimer tumble after outlook update. LONDON, Oct 9- European shares surrendered early gains in choppy afternoon trade on Thursday as relief at the prospect of continued monetary support from the Federal Reserve gave way to a bleak economic outlook on this side of the Atlantic. "Everyone was a bit more bullish after the minutes but Europe's...
*Suedzucker down 11.3 pct, Gerresheimer down 8.2 pct. Disappointing outlook statements from two German companies injected some nerves into otherwise bullish market sentiment, however, and heightened worries about the state of Europe's largest economy. In them, the Fed expressed concern the rising dollar could slow a needed rebound in inflation and...
The Ebola epidemic could have “significant implications” for commodities, Deutsche Bank warned, as deaths top 3,300.
A group of 11 mining CEOs working in West Africa are calling for fewer travel restrictions in the face of the Ebola epidemic.
American investors aren't panicked about the re-emergence of Ebola in Africa, at least in the long term.
Britain's top bosses earn 143 times their average employee's wage, a report has revealed, amid growing anger over inequality and CEO pay.
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.
European stocks closed lower, after fluctuating for much of the day, as investors reacted to rate decisions by the BoE and the ECB.
*Operation "White Shield" begins in north Liberia. MONROVIA/ DAKAR, Aug 6- Health workers in West Africa appealed on Wednesday for urgent help in controlling the world's worst Ebola outbreak as the death toll climbed to 932 and Liberia shut a hospital where several staff were infected, including a Spanish priest.
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European stocks closed higher on Monday, with a rally in mining stocks helping the U.K.'s FTSE 100 to post healthy gains of over 1 percent.
Mark Bristow, CEO of Randgold Resources, says there will be a reduction in gold production as the industry "struggles" with the gold price.