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Palm Beach, FL – June 8, 2022 – FinancialNewsMedia.com News Commentary – Gold always seems to be projected in the long term irrespective of short-term ups and downs. For example, Gold prices hit an all-time high in 2020 as the coronavirus pandemic wreaked ha...
Gold posted its highest close in nearly a month on Thursday, gaining as investors sought the safe-haven asset after the latest U.S. economic data signaled a softening economy and a tight job market, while Treasury yields and the dollar fell. Comex gold (XAUUSD:CUR) for August delivery closed ...
Iamgold released its Q1 results earlier this month, reporting quarterly attributable production of ~174,000 ounces of gold, a 14% increase from the year-ago period. However, while a significant improvement on a year-over-year basis, the company was up against very easy comps, and cont...
U.S. stock markets ended last week with heavy losses, as runaway inflation dampened investors’ confidence. In Canada, the TSX showed more grit and resiliency, with seven of the 11 primary sectors advancing on May 20, 2022. Some market observers are bullish on commodity stocks, pa...
Precious metals miners provided a refuge from broader stock market losses on Tuesday, as continued high inflation points to further problems in the U.S. economy. A pair of new surveys - the S&P flash U.S. services index and flash U.S. manufacturing index - showed businesses expanding in M...
Mining shares are surging on Thursday as gold prices bounce, with a drop in the U.S. dollar and Treasury yields combining with weakness in risk assets amid worries about global growth. The VanEck Gold Miners ETF (NYSEARCA:GDX) +5.5% for its biggest intraday gain since February, led by surges ...
John Paulson's fund, Paulson & Co. reported its 13F filing for Q2 wherein it added Agnico Eagle Mines (AEM) and SPDR Gold Trust ETF (GLD) in new positions It increased its stakes in Bausch Health (BHC), Horizon Therapeutics (HZNP), BrightSphere Investment (BSIG), NovaGold Resources (NG), ...
The S&P Materials sector closed this trading week with a slight dip of 0.68%. The Materials Select Sector SPDR (NYSEARCA:XLB) was also down 0.66%. Aluminum prices hit a four-month low on Friday as demand concerns created by slowdowns in manufacturing activity in China and elsewhere were r...
Gainers: Livent (LTHM) +23%. W&T Offshore (WTI) +14%. Summit Midstream Partners (SMLP) +12%. U.S. Energy (USEG) +11%. Houston American Energy (HUSA) +11%. Losers: IAMGOLD (IAG) -26%. Equinox Gold (EQX) -14%. LSB Industries (LXU) -14%. Hycroft Mining Holding (HYMC) -9%. Comstock ...
ArcelorMittal S.A. (NYSE:MT) is scheduled to announce Q1 earnings results on Thursday, May 5th, before market open. The consensus EPS Estimate is $3.41 (+76.7% Y/Y) and the consensus Revenue Estimate is $20.83B (+28.7% Y/Y). Over the last 1 year, MT has beaten EPS estimates 75% of the time an...
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Toronto, Ontario--(Newsfile Corp. - July 15, 2024) - IAMGOLD Corporation (NYSE: IAG) (TSX: IMG) ("IAMGOLD" or the "Company") is pleased to announce it plans to release its second quarter 2024 operating and financial results after market hours on Thursday, August 8, 2024 . Senior management wil...
Toronto, Ontario--(Newsfile Corp. - June 11, 2024) - THE Mining Investment Event of the North (" THE Event "), Canada's Only Tier 1 Global Mining Investment Event, is pleased to announce a 20% increase in attendance across the board for 2024. " We have received many comments high...
Toronto, Ontario--(Newsfile Corp. - May 29, 2024) - IAMGOLD Corporation (NYSE: IAG) (TSX: IMG) ("IAMGOLD" or the "Company") announces the voting results from the Company's Annual and Special Meeting of Shareholders (the "Meeting") held Wednesday, May 29, 2024. A summary of the results are as fo...