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Metals and Mining Gold Mining

  • Kirkland Lake Gold CEO says gold prices should be higher given geopolitical tensions

    Jim Cramer spoke with Kirkland Lake Gold President and CEO Tony Makuch, who discussed his mining company's recent listing on the New York Stock Exchange.

  • Jim Cramer on "Mad Money."

    Jim Cramer dished out his shopping list of stocks ripe for the picking, despite turmoil in Washington.

  • "Round tripping to Dubai will come down due to the move," an official with India Bullion and Jewellers Association Ltd said. "Until now, traders only had to pay a lower import tax or no tax at all on gold jewellery and gold coins so long as they re-exported the gold," Commerzbank analyst Carsten Fritsch said in a note. India's gold imports in July nearly doubled from last...

  • TORONTO, Aug 15- Canada's main stock index fell on Tuesday after an easing of tensions between North Korea and the United States hit the price of bullion, sending shares of gold-mining companies lower. The Toronto Stock Exchange's S&P/TSX composite index closed down 22.07 points, or 0.15 percent, at 15,097.84. Six of the 10 main sectors on the index were lower.

  • *North Korea tensions rattle equity markets. LONDON, Aug 9- Britain's top share index was shaken from its summer lull on Wednesday as geopolitical tensions hit equity markets globally, sending investors into safe-havens such as gold mining stocks, while an earnings update weighed on shares in G4S. Shares in precious metals miners Fresnillo and Randgold...

  • TORONTO, Aug 9- Canada's main stock index slipped in morning trade on Wednesday, as losses among financial shares offset a rally in gold miners as investors sought safety in the precious metal amid rising geopolitical tensions. A sub-index of global gold miners that is dominated by Canada- listed stocks jumped 2 percent as escalating tensions between the...

  • LONDON, Aug 9- Britain's top share index was shaken from its summer lull on Wednesday as geopolitical tensions hit equity markets globally, sending investors into safe-havens such as gold mining stocks, while weak earnings weighed on shares in G4S. Britain's blue chip FTSE 100 index was down 0.6 percent at 7,495.99 points by 0900 GMT, broadly in line with a...

  • Rohan Williams of Dacian Gold talks about how the miner is targeting gold production from its Mt. Morgans project by March 2018.

  • Ian Murray, CEO of Gold Road Resources, describes the mine development process from making a discovery to securing financing.

  • JOHANNESBURG, Aug 3- South Africa's Sibanye Gold will restructure operations in its domestic market, a move that could affect 7,400 of its employees, the gold and platinum miner said on Thursday. Sibanye, which has 58,000 employees in South Africa, will start consultations with labor unions and government about the restructuring of its loss-making Beatrix...

  • Aug 3- The Perth Mint's sales of gold products rose 23 percent in July, while silver sales declined for the first time in three months, the mint said in a blog post on its website on Wednesday. Sales of gold coins and minted bars increased to 23,675 ounces in July from 19,259 ounces a month ago, the mint said. The Perth Mint refines more than 90 percent of newly mined gold...

  • TORONTO, July 27- Barrick Gold Corp, the world's largest gold miner by production, has an "open mind" and is "very positive" about talks getting underway with Tanzania to resolve an export ban, President Kelvin Dushnisky told Reuters on Thursday. Barrick subsidiary Acacia Mining Plc has two mines affected by a ban that Tanzania introduced in March, accounting for...

  • TORONTO, July 27- Canada's main stock index gained on Thursday as major gold miner Barrick Gold Corp and a string of other companies reported better-than-expected earnings and oil producer Cenovus Energy Inc turned a profit. Barrick, the world's largest gold miner by production, rose 4.5 percent to C $21.08, as investors cheered the news it had produced more...

  • *Anglo American sets aside $101 mln. JOHANNESBURG, July 27- Mining companies Gold Fields and Anglo American have set aside over $130 million between them for a possible settlement with miners who contracted lung diseases at work. Anglo American said on Thursday it has set aside $101 million and Gold Fields said it had made a provision of $30.2 million.

  • JOHANNESBURG, July 27- South Africa's Gold Fields and global mining group Anglo American have set aside over $130 million between them for a possible settlement with miners who contracted lung diseases at work. Anglo American said it has set aside $101 million and Gold Fields said it had made a provision of $30.2 million. Anglo American also said its provision...

  • VANCOUVER, July 26- Canadian gold producer Goldcorp Inc reported better-than-expected earnings on Wednesday and lowered its forecast for costs this year, while also announcing that its chief financial officer, Russell Ball, would leave the company. Goldcorp, which is the world's fourth-biggest gold producer by market value, reported net earnings of $135...

  • July 26- Barrick Gold Corp, the world's largest gold miner by production, reported better-than-expected second-quarter earnings on Wednesday and said it would begin discussions with the government of Tanzania next week about an export ban. Toronto- based Barrick said adjusted net earnings rose to $261 million, or 22 cents a share, from $158 million, or 14 cents a...

  • The world's fourth-biggest gold producer by market value reported net earnings of $135 million, or 16 cents per share, in the second quarter ended June 30. The company posted a loss of $78 million, or 9 cents per share, a year earlier when production slumped due to a maintenance shutdown and slow restart at its biggest mine, Penasquito, in Mexico.

  • The production forecast was better than what analysts were expecting, RBC Capital Markets analyst Stephen Walker said, adding that the company's cost performance was also better than expected. Sid Subramani, an analyst with Veritas Investment Research, said he expected those costs to increase in the second half of the year. The company's adjusted net income...

  • Newmont, the world's second-biggest gold producer by market value, said it sold gold at $1,250 per ounce on an average in the quarter, lower than $1,257 per ounce in the year-ago quarter. The company's all-in sustaining costs, a key cost benchmark, fell to $884 per ounce in the quarter from $913 per ounce in the same period last year. Newmont's adjusted net income...