Economic tailwinds in the US, combined with no new monetary stimulus in Japan, kept gold under $1,400 this week.
Articles Tagged "TSX:K"
Kinross Gold is dumping its huge Fruta del Norte project in Ecuador just as the country is poised to pass mining reforms designed to attract new investment.
Investors were shaken by the market's death-defying drop and recovery in a matter of minutes recently. But the "tweet retreat" hasn't changed the reasons why investors need gold companies in their portfolio. Ryan Walker, a mining analyst with Casimir Capital in Toronto, tells investors to look past the headlines to what underpins the market. In this interview with The Gold Report, Walker says that all that cash pumped into the economy at some point has to start driving inflation.
Kinross Gold Corporation (TSX:K, NYSE:KGC) announced results from the pre-feasibility study for its Tasiast expansion project and that results have supported the decision to proceed with the expansion.
Kinross Gold Corporation (TSX:K, NYSE:KGC) announced that they have invested in Revolution Resources Corp. through a non-brokered private placement.
Detour Gold, a mid-tier company sitting on what could be the largest gold mine in Canada, received an injection of cash this week.
There was little movement in the gold price this week as investors remained focused on US lawmakers' negotiations to avoid the "fiscal cliff."
Forbes reported that J. Paul Rollinson, the new CEO of Kinross Gold Corp. (TSX:K,NYSE:KGC), said that the company plans to be "much more aggressive" about decreasing operating and capital costs.
Kinross Gold Corp. (TSX:K) announced that J. Paul Rollinson has replaced Tye W. Burt as CEO and on Kinross' board of directors.
The National Post reported that a flight, chartered by Canadian gold miner, Kinross Gold Corp (TSX:K), has crashed in Mauritania, killing seven including two pilots, three security personnel and two Mauritanian customs officials.