Gold Mining Stocks Lag but May Soon be Making Gains
Gold mining companies have had more in common with struggling S&P 500 than with the safe haven metal, though this may change in the near future.
Articles Tagged "Barrick Gold Corp."
Gold Price Increases Leading to Consolidation
Over the last three months, the Canadian equity market has demonstrated a strong appetite for deals including 836 merger and acquisition announcements worth approximately $57 billion. This investment restructuring is equivalent to the strongest deal quarter since prior to the credit crisis of 2008.
Gold Prices Impacted by Inflation and Deflation
Looking forward into the next few decades, the relative position of the US is expected to change as the economic power and geographical base shifts towards faster growing emerging economies, particularly in Asia.
Canada Stocks Fall as Barrick Drops on U.S. Dollar
Bloomberg reports that Canadian stocks fell for a second day, led by mining companies, as precious metal prices declined.
British Columbia Gold Rush
British Columbia hosts a number of interesting gold and mixed metal projects in various phases of production, development, and exploration, with opportunities that might prove worthwhile for investors with net gold mining revenues in the province increasing from $231 million in 2008 to $309 million in 2009, for an increase of $78 million or 34 percent.
Gold Rampage: Head For The Hills
By Kishori Krishnan Exclusive To Gold Investing News We would love to say we told you so…that gold, which was soaring to giddy heights, was all set to slump. It did. On Friday. Gold price, which has been trading at record levels lately, had its biggest one-day drop in a year Friday. The yellow metal [...]
Sitting On A Gold Mine
By Kishori Krishnan Exclusive To Gold Investing News It is a small Quebec town and it has great potential. In a $1 billion project, the streets of Malartic will soon be ripped asunder and residents relocated to get at one of the largest gold deposits in North America discovered under the town. The streets of [...]
Gold Price Rebounds
By Kishori Krishnan Exclusive To Gold Investing News The dollar rose as did gold. Gold rose in Europe on Thursday as the world’s largest gold-backed exchange-traded fund’s holdings set a record and Wednesday’s equity rally fizzled out, boosting the appeal of gold as a safe investment. Spot gold rose to $913.15/$914.15 an ounce from $906.65 [...]
Shares of Barrick Gold rise after analyst upgrade
AP reports Barrick Gold Corp. shares rose this morning but later slipped after Credit Suisse analyst lifted her rating saying its stock price offers an attractive value. Shares gained 3.1 percent Friday morning to $43.66 before slipping to $42.05 shortly before noon, down 30 cents from the previous day’s closing price. Credit Suisse Analyst, Anita Soni says: “In the current environment [...]
