Terraco Climbing on Spring Valley Progress
Gold – A royalty deal on a Nevada gold property being explored by Barrick has put Terraco Gold in a good position, says Chris Berry.
Gold – A royalty deal on a Nevada gold property being explored by Barrick has put Terraco Gold in a good position, says Chris Berry.
Gold – A recalibrated valuation model by GMP Securities shows that some gold companies can weather a gold price drop better than others.
Gold – The gold market had some much-needed good news on Thursday, with the price rising $22 after Asian stock markets tanked.
Barrick Gold Corporation (TSX:ABX, NYSE:ABX) is the largest pure gold miner in the world. Barrick operates mines in 13 countries on four continents and produced 7.42 million ounces of gold in 2012. The forecast for 2013 is between 7 and 7.4 million ounces.
Gold – Gold companies enjoyed a lift from gold price gains on Wednesday, although some of that was given up Thursday with the release of positive US employment data.
Gold – Cost inflation, combined with a lower gold price, is forcing major producers to make some hard decisions.
Gold – Goldcorp is sticking to its plan of increasing production while gradually bringing costs under control, the world's largest gold miner by current market value said Thursday in response to a negative earnings report.
Gold – Barrick Gold Corporation (NYSE:ABX, TSX:ABX) have completed the sale of $ 3 billion in debt securities.
Gold – Barrick Gold Corporation (NYSE:ABX, TSX:ABX) announced pricing of $3 billion in debt securities, expected to close on our around May 2, 2013.
Gold – Kinross and Barrick both announced multi-billion-dollar writedowns in the fourth quarter. Investors, however, see a silver lining in the bad news.
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