Most Investors Fleeing Gold Since 2007
Gold – The Financial Post reported that investors are engaging in a mass exodus from gold, the likes of which have not been seen since 2007.
Articles Tagged "gold sector"
Lake Shore Gold Corp to Write Down Assets in Q4 Report
Gold – The Financial Post reported that it is expected that Lake Shore Gold Corp will be writing down some of its major assets in its fourth quarter report. As quoted in the market report: Lake Shore Gold Corp. says it will be reducing the carrying value of its assets in Mexico and Timmins, Ont., but the amount hasn’t yet been det
Russian Gold Buying Increases Almost 400 Percent Under Putin
Gold – Bloomberg reported that during Putin's tenure, Russia has become the largest gold purchaser in the world.
Gold Skirts Two-Week Low, Investors Turn Focus Elsewhere
Gold – Reuters reported that gold hit a two-week low on Friday, as fewer investors were seeking safe haven in the investment.
Gold Falls on Friday, but on Track for Weekly Gain
Gold – CNBC reported that gold dropped slightly on Friday in advance of more U.S. budget talks, although it is on track to register the first weekly gain in a month.
Kinross Denies JV With Southridge to Develop Mexican Projects
Gold – Kinross Denies JV With Southridge to Develop Mexican Projects
U.S. Budget Woes Extend Gold Losses
Gold – Bloomberg reported that gold continued to fall in Monday trading, extending losses from last week that marked the worst week in six months.
Agnico-Eagle Mines Outperforming Other Miners After Dealing with Costly Weather Challenges
Gold – Bloomberg reported that Agnico-Eagle Mines Ltd. is outperforming global competitors now that they have dealt with severe weather conditions in the Arctic that contributed to soaring costs.
Metanor Resources Increases November Production by 464 oz
Gold – Mining Weekly reported that Metanor Resources has increased production at its Bachelor Lake project in Quebec in November as it pushes towards achieving commercial production.
AQM Releases Results from Zafranal Project PEA, Including 557.2 Mt Grading 0.07 g/t Gold
Gold – AQM Copper Inc. (TSXV:AQM) announced the positive results of the Preliminary Economic Assessment for the Zafranal Project in Peru.
