Articles Tagged "agnico eagle mines"

The Osisko-Virginia Mines Deal: Taking a Closer Look

Gold – While Osisko CEO Sean Roosen has called the agreement a "natural evolution," investors and market watchers are no doubt still impressed by the company's progress and are likely wondering how Osisko was able to make such a big move so quickly. Gold Investing News spoke with Roosen to get a little more insight into the deal.

More Mergers Needed to Improve Gold Space, Fidelity Investments

Gold – Bloomberg reported that Joe Wickwire, who manages more than $1.8 billion of assets including the Fidelity Select Gold Portfolio, stated that more mergers in the gold space would help improve the industry overall. He said that combining companies could "help eliminate their respective unprofitable operations," while stronger producers could pick up high-quality assets held by weaker companies.

Ian Gordon: Who Killed the Gold Price?

Gold – The gold price may have taken a tumble, but Ian Gordon, chairman and founder of the Longwave Group in British Columbia, is watching for a recovery. As bullishness in gold reaches some of its lowest levels, Gordon, in this interview with The Gold Report says he believes that is indicative of a turn and he discusses where he has invested his money to ride the upswing.

Gold Punished Again; Scrapes 2.5-Year Low

Gold – Gold investors held on for a long, scary ride in the markets on Thursday as gold broke through $1,300 an ounce and plumbed two-and-a-half-year lows.

Ryan Walker: Tweet Retreat Hasn’t Changed Gold’s Story

Gold – Investors were shaken by the market's death-defying drop and recovery in a matter of minutes recently. But the "tweet retreat" hasn't changed the reasons why investors need gold companies in their portfolio. Ryan Walker, a mining analyst with Casimir Capital in Toronto, tells investors to look past the headlines to what underpins the market. In this interview with The Gold Report, Walker says that all that cash pumped into the economy at some point has to start driving inflation.

Kinross Takes $3-billion Punch on Tasiast Writedown

Gold – Kinross and Barrick both announced multi-billion-dollar writedowns in the fourth quarter. Investors, however, see a silver lining in the bad news.

Agnico-Eagle Moves Forward with La India Mine Development, Expects Commercial Production by 2014

Gold – Agnico-Eagle Mines Ltd. (NYSE:AEM,TSX:AEM) announced that the development and construction of its Mexico-based La India mine have been approved by its board of directors and commented that the mine will be an open-pit, heap leach operation. Commercial production is expected in the second half of 2014.