Articles Tagged "Scotia Capital"

Gold Price To Jump Or Stay Flat?

By Kishori Krishnan Exclusive To Gold Investing News Goldman’s gold-plated earnings set the score. Citigroup and Bank of America joined Goldman Sachs and J.P.Morgan in reporting better-than-forecast earnings for the second quarter of 2009. A fact that buoyed the market and the price of gold. Next week, the main event is slated to be the [...]

Gold Steams Ahead as Bailouts go Global

By Kishori Krishnan Exclusive To Gold Investing News Canadian stocks posted a high on Thursday as gold prices steamed ahead and financials rebounded. Toronto’s main stock index was higher, lifted by strength in mining companies as gold prices got a boost from safe-haven buying. The resource-laden materials group rose 2.9 per cent and led the [...]

Agnico-Eagle doubles credit lines to US$600 million

Agnico-Eagle Mines reports that it has executed a new non-amortizing US$300 million revolving credit facility, maturing September 2010. Including its pre-existing credit facility, the Company now has US$600 million of credit lines. The pre-existing facility is also a non-amortizing US$300 million revolving credit line, maturing January 2013. Both credit facilities are unsecured. The new facility is being [...]