Barrick Gold (ABX) recently announced that the Supreme Court of Chile didn’t approve its appeal of a lower court ruling vis-à-vis sanctions imposed on the company’s Pascua-Lama mine by the country’s environmental regulator. This news could set back the development…
The latest news from Goldcorp (GG) is that the mining company started gold production in its Éléonore project. Currently, the company plans to produce around 50,000 ounces of gold this year and ramp up to full production capacity by 2018. Considering…
Barrick Gold’s(NYSE: ABX) failed attempt to merge with Newmont Mining (NYSE:NEM) didn’t vote well in the stock market as its shares fell by more than 6% in the past month. Looking forward, will Barrick Gold’s value keep falling? Let’s review…
Franco-Nevada (NYSE:FNV) has recently released its earnings report for the last quarter of 2013 and its outlook for 2014. Based on this report, the company was able to meet analysts’ expectations for the fourth quarter: Its net earnings per share, after controlling…
Later this week, Franco-Nevada (NYSE:FNV) will release its annual earnings report and guidance for 2014. In anticipation for its release, let’s take a closer look at the company’s progress in the past year, its revenue in the fourth quarter of 2013,…
Barrick Gold (NYSE: ABX), unlike its peers such as Goldcorp (NYSE: GG) and Yamana Gold (NYSE: AUY), expects to cut its production in 2014. Moreover, the company slashed by half its capital expenditure. These decisions were made to avoid potential…
In recent years, many investors have added precious metals to their portfolio for various reasons including hedging in case of inflation or a sharp devaluation of the dollar against other leading currencies. Despite the strong relation between gold and silver,…
The price of gold rose during the third quarter of 2012. It’s very intuitive to assume that the rise in price of gold will pull up the profit margin of major gold producers. Let’s examine the recent financial results (third…
Despite the highly anticipated decision of the FOMC to start its third quantitative easing program, the price of gold hasn’t performed well during recent weeks. The ongoing debt crisis in Europe hasn’t helped precious metal prices. There are some concerns…