Gold stocks rocket as investors seek safe haven
Investors running for cover from tanking stocks and faltering global economy pile into gold mining sector after gold price spikes $70 an ounce.
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Glencore to sell gold and silver to Franco-Nevada in $500 million deal
Only a day after announcing the deal, Franco-Nevada increased the size of the financing by 45%, citing “strong demand.”
TransCanada posts $2.5bn loss in Q4 on Keystone XL charge
The net loss also included a number of other smaller items, partially offset by an increase in revenue to $2.85 billion from $2.62 billion.
This is the 122-carat diamond Alrosa just found at its Jubilee pipe
The massive rock worth about $1.5 million.
Gold investment market is getting physical
Physical ETF outflows persist, but strong market for coins and bars see overall investment demand jump in 2015 according to World Gold Council.
Teck Resources logs $536M loss in Q4 on depressed commodities, asset charge
The loss includes a Cdn$598 million impairment charge on its Fort Hills oil sands project in Alberta.
With gold looking up, Haywood’s Geordie Mark offers two names for now, two for later
Mark recommends two names in each category and tells investors to stay firm on quality, margin and performance.
Rio Tinto swings to loss, blames metal prices slump
The world’s second biggest mining company has scrapped its dividend policy as a result.
Tahoe may go after Goldcorp’s assets in Ontario — report
Tahoe Resources' founder and executive chair Kevin McArthur said the operations present "nice synergies".
