Another major miner, Barrick Gold Corporation (ABX) fell nearly 50%. Newmont Mining Corporation (NEM) also saw a 50% drop in its shares. The interesting thing is that the drop in gold mining stocks was significantly higher than those seen in gold itself.
NEW YORK (CBSNewYork) — If you love gold and silver, there just so happens to be an ATM in Midtown where you can get lots of it. But as CBS 2's Cindy Hsu reported, you had better have a lot of cash in your wallet. The ATM can be found outside Stack's …
The debut album by punk band The Ramones–creatively titled Ramones–has finally gone gold, with over 500,000 copies sold since its release in 1976. The Recording Industry of America certified the album's gold status on April 30, almost exactly 38 years …
World Bank's Growth Forecast Cut Leads to Rally in Gold and Silver Prices Today. 4 SHARES. Share on Facebook Tweet on Twitter. Gold and silver prices are seeing a healthy boost this morning on the World Bank's revised growth forecast.
(Kitco News) – Gold prices ended the U.S. day session higher and notched a three-week high Thursday. More short covering and bargain hunting were featured, as has been the case the past few sessions. Now, some safe-haven demand is also surfacing …
Gold and silver stocks have gone exactly nowhere over the past year, constrained by weakness in their underlying precious metals. This, in turn, has been driven by a drop in inflation expectations, reduced fears over the situation in Ukraine, and …
South African police arrested 20 Sibanye Gold Ltd. (SGL) mineworkers yesterday for allegedly stealing ore at a processing plant west of Johannesburg. It was the biggest mass-arrest of mineworkers for gold theft in post-apartheid South Africa, Paul …
A definitive feasibility study (DFS) is the most in-depth evaluation of a proposed mining project. It requires a significant amount of time, expense, and formal engineering work. The results are typically accurate to within 10-15%. For Alacer Gold (TSX …
(Kitco News) – Meteorologists say the weather phenomenon El Nino could limit India's monsoonal rainfall later this year, possibly crimping crop production there, which could ultimately hurt Indian gold demand. Much of Indian gold demand comes from …