Posts Tagged ‘stock-market’

Newcrest Mining, a top five global gold producer, announced on Friday strengthening gold prices helped lift its first-half profit by 50% to $659 million, above expectations. The company operates 8 mines in Australia, Indonesia, Papua New Guinea and Ivory Coast Full story

In a trading update Russia’s Polyus Gold International, owned by Mikhail Prokhorov, a Vladimir Putin rival in upcoming presidential elections, announced a 8% increase in gold production to just under 1.5 million ounces which boosted earnings by 40% to $1.06 billion. Full story

Canadian stocks slowed its losses into mid-morning Friday, as some sectors rebounded into positive territory, but resource shares still took a hit from losses in gold and oil. Read More > > DFM BANK IND GOLD DEC 11 SWCRUD NOV 11 Stock Market XML and Full story

A "very slow-moving train wreck" in Greece and Europe is taking down gold and the markets. Worries that Greece may default on its debt led to the Australian stock market, measured by the S&P/ASX 200, to close down 1.64%. The Hang Seng Index was off 2.76%. Full story

Reuters announced that workers at Freeport McMoran's Peru copper mine Cerro Verde started an indefinite strike, but production had not been totally affected. Read More > > Freeport-McMoRan Copper & Gold Stock Market XML and JSON Data API provided by Full story

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 2, 2011) -  Sandstorm Gold Ltd Full story

The week of August 15 was one of the most volatile stock market performances in years. Negative news about the global economy, gloomy forecasts and mixed signals on the jobs front battered stocks and sent gold repeatedly above $1,800/ounce. The Gold Report asked an analyst, two newsletter writers and an economist the following: What should be a precious metals investor's next move? Full story

Gold ( NYSE:GLD ) has been in an uptrend for over a decade now.  Last week, gold climbed above $1800 per ounce before consolidating Full story

For gold sellers on eBay, the recent stock market turmoil has been a boon for business. Gold and silver sales on eBay had already been rising steadily over the past several years – so much so that eBay Inc. created a special area in May to make it easier for buyers to find sellers. Full story

After the S&P downgrade announced Friday evening, North American markets opened Monday and tumbled. The Australian stock market, measured by the S&P/ASX 200, finished the day down 2.91%, while the S&P/TSX composite was down 3.4% in morning trading to 11,796, its lowest level since August 2010. Gold breached $1,710 an ounces before settling back to $1,700/oz. Full story