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.
Articles Tagged "agnico eagle mines"
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.
Gold – A recalibrated valuation model by GMP Securities shows that some gold companies can weather a gold price drop better than others.
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.
Gold – The frightening specter of a run on European banks, evidenced by events in Cyprus, had investors clamoring for the safety of gold this week.
Gold – Kinross and Barrick both announced multi-billion-dollar writedowns in the fourth quarter. Investors, however, see a silver lining in the bad news.
Gold – Miranda Gold Corp. (TSXV:MAD) announced that it has terminated its exploration agreement with Agnico-Eagle Mines Ltd.'s (TSX:AEM) US subsidiary. The two companies had been exploring Miranda's Alaskan Ester Dome project.
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.
Gold – Agnico-Eagles Mines Ltd. (NYSE:AEM,TSX:AEM) announced that its operating and financial results for the second quarter of 2012 include a quarterly net income of $43.3 million, or $0.25 per share.
Gold – Miranda Gold Corp. (TSXV:MAD) announced that its 100-percent-owned Colombian subsidiary will form a strategic alliance with Agnico-Eagle Mines Ltd. (TSX:AEM). The companies have signed a non-binding Letter of Intent and plan to explore for precious metals in central Colombia.