Struggling gold producers plan increasingly drastic measures to survive the latest price plunge - but not all of them will make it.» Read More
*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...
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.
It's time for the Lightning Round. Cramer makes the call on viewer favorites.
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.
European markets closed slightly higher in a shortened session, completing their most successful year of this decade.
If you're a gold bull with an appetite for risk, Cramer has a stock for you.
Gold is on track for its biggest weekly gain in five weeks on Friday as many analysts now believe the good times might be back for the precious metal. But rather than buying gold outright, one mining analyst recommends investors buy small mining companies that he calls "recovery plays".
European shares pared gains but closed higher on Thursday, a day after the Federal Reserve surprised markets by opting to maintain its $85 billion-per-month asset purchases.
European shares closed higher on Friday, despite investors' caution ahead of the Federal Reserve's meeting next week.
European shares closed higher on Friday, boosted by mining stocks which received a lift from broadly positive Chinese data, as well as a strong performance from European bank stocks.
Gold mining stocks have lost their luster as commodity prices fall. But investors may be missing improving fundamentals, say fund managers.
European shares saw a heavy sell-off on Thursday on fears of a possible unwinding of monetary easing in the U.S. and weak economic figures from China.