Gold miners’ Q1’17 fundamentals
The gold miners’ stocks have been slammed by a sharp gold pullback in recent weeks, spawning today’s bearish sentiment.
Latest Stories
Lucara gets almost $18M for fragment of its massive ‘Lesedi La Rona’ diamond
The 373.7-carat diamond, sold during the Vancouver-based miner’s $54.8 million recent tender, was one of 15 large and high value diamonds offered by the company.
Iron ore to hit $44 a tonne by 2021 — analysts
BMI Research expects prices to continue sliding for at least the next five years on rising supplies from Australia and Brazil and evidence of Chinese demand cooling earlier than expected.
EPA, Northern Dynasty settle dispute over Pebble mine
Donald Trump’s Environmental Protection Agency (EPA) has injected new life into the long-stalled and controversial copper-gold-silver project near Bristol Bay, southwest Alaska.
Analysts view Franco-Nevada’s Q1 earnings as strong start to 2017
Franco-Nevada Corp sold a record 131,578 gold equivalent ounces, a 23.4% increase year-over-year, and booked $172.7 million in revenue, also a record and a 30.8% year-over-year increase.
Continental surges 33% after securing $134m for Colombia gold mine
World number two gold miner Newmont takes 20% stake and private equity giant Red Kite 5% in Toronto junior.
Mining and metals companies to increase spending on digital technologies to boost innovation, but cost-savings still a challenge, new Accenture research reports
With increased IT/OT integration, resolving data security concerns is high on miners’ agenda
Driller says past quarter is ‘most promising start to any fiscal year ever’
New equipment being bought, new contractors being signed.
Global silver output falls for first time in 14 years
Global silver production dropped last year for the first time since 2002 driven by lower by-product output from the lead/zinc and gold sectors, as well as a sharp decline of scrap supply to the market.
