Higher Gold Prices Help Profits for B2Gold
Reuters reported that B2Gold (TSX:BTO) reported a quarterly profit increase of 28%.
Reuters reported that B2Gold (TSX:BTO) reported a quarterly profit increase of 28%.
CNBC News reported that gold prices dropped to its lowest in 4.5 months as concerns about the European debt crisis intensified.
CNBC News reported that concerns over European debt and declines in stock prices hurt the price of gold once again.
Bloomberg reported that China's demand for gold may slow down as investors shy away due to lower prices.
Last year gold was seen as a safe haven that could mitigate exposure to the European debt crisis, but it is now trading in line with more traditional drivers.
Mining Weekly reported that Aurizon Mines (TSX:ARZ) reported 238% higher quarterly profit due to higher output and prices.
Bloomberg reported that gold prices rose as a recent price drop attracted buyers back to the market.
Bloomberg reported that gold prices dropped to their lowest since January 3 on concerns about the euro.
Mining Weekly reported that Franco-Nevada (TSX:FNV) said first quarter profits doubled due to higher gold prices.
CNBC News reported that gold prices fell almost to their break even point on the year thus far.
Get our independent commentary on gold trends and companies delivered to your inbox.