Two Gold Stocks With Something to Prove
The Street reported on two gold companies that are expected to report improved first quarter results.
The Street reported on two gold companies that are expected to report improved first quarter results.
Canada’s Agnico-Eagle Mines declared that its second-quarter profit slipped 86 percent as non-cash currency translation and stock option expense losses offset higher gold production. For full story, click here
Agnico-Eagle Mines announced that it will boost gold output at its current projects to as much as 1.6 million ounces by the middle of the next decade, and it hopes to acquire two new projects over the next two or three years. For full story, click here
Agnico-Eagle Mines announced that it has invested $2.15 million to acquire one million units of Nevada-based precious metals explorer AuEx Ventures, its partner in the West Pequop joint venture that includes the West Pequop property in northeastern Nevada. For full story, click here
By Kishori Krishnan Exclusive to Gold Investing News Gold edged up to 9.9 per cent last week as the dollar dropped 4 per cent to a two-month low versus the euro, which increased investor demand for the alternative asset, while platinum bounced back on technical buying after a sell-off on demand fears petered out. Gold [...]
Agnico-Eagle Mines Ltd. led bullion producers higher as gold traded close to a five-week high. For full story, click here
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