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gold miner

Gold rally cools

Gold rally cools

Published 09 Oct, 2021 04:10am
NEW YORK: Gold steadied on Friday, paring gains from a more than 1% rally fuelled by a miss in the US jobs data, as...
Barrick's second-quarter gold output falls 5.4%

Barrick's second-quarter gold output falls 5.4%

Published 15 Jul, 2021 04:45pm
  • Total preliminary gold production fell to 1.04 million ounces in the three months ended June 30, from 1.10 million ounces in the previous quarter, the company said.
Gold prices slip in Asia

Gold prices slip in Asia

Published 09 Jul, 2021 04:25am
SINGAPORE: Gold prices slipped in Asian trade on Thursday, weighed down by a stronger dollar after minutes from the...
Barrick Gold profit beats expectations as copper, gold prices surge

Barrick Gold profit beats expectations as copper, gold prices surge

Published 05 May, 2021 05:42pm
  • Barrick's first-quarter gold production fell to 1.10 million from 1.25 million ounces due partly to lower grades at its Pueblo Viejo mine in Dominican Republic.
  • Adjusted profit rose 78% to $507 million in the quarter ended March 31, from $285 million a year earlier, and Barrick announced a 9 cent per share quarterly dividend.
Gold miner Newmont's profit disappoints as pandemic hits output

Gold miner Newmont's profit disappoints as pandemic hits output

Published 29 Apr, 2021 06:00pm
  • Although massive stimulus measures and pandemic-led uncertainties have boosted prices of gold, COVID-19 curbs and increased costs related to ramping up sites have affected Newmont's bottomline.
  • Average realized price for gold jumped 10% to $1,751 per ounce in the quarter, as production fell 1.4% to 1.46 million ounces due to the sale of its Red Lake mine in Canada and virus-related disruptions at its Cerro Negro mine in Argentina.
Gold slips as firmer dollar, recovery hopes dent appeal

Gold slips as firmer dollar, recovery hopes dent appeal

Published 29 Mar, 2021 06:01pm
  • Markets eye Biden's infrastructure spending plans on Wednesday.
  • Dollar firms near multi-month peak.
  • Palladium fell as much as 4.4% in the session.
  • Russia's Nornickel halts water inflow at two major mines.
Newmont quarterly profit doubles as gold prices shine

Newmont quarterly profit doubles as gold prices shine

Published 18 Feb, 2021 06:13pm
  • he miner said averaged realized gold price jumped 25% to $1,852 per ounce in the quarter, while attributable gold production fell about 11% to 1.6 million ounces.
  • The company cited the sale of Red Lake and Kalgoorlie, and lower production at Cerro Negro for the drop in production.
Copper miner Solgold CEO Mather to retire, hunt for new boss starts

Copper miner Solgold CEO Mather to retire, hunt for new boss starts

Published 19 Jan, 2021 05:47pm
  • While Solgold starts the hunt for a new CEO, its non-executive director Keith Marshall will step in as an interim chief.
  • The London-listed company is seeking to mend fences with major shareholders, as it needs to secure more than $2.5 billion for the project.
Spot gold may retest support at $1,810

Spot gold may retest support at $1,810

Published 18 Jan, 2021 11:08am
  • The low at $1,764.29 may be revisited either this week or next week. A break above $1,839 could lead to a gain to $1,862. On the daily chart, gold is riding on a wave C from $1,959.01.
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