After a strong third quarter, gold mining stocks have struggled of late. The Market Vectors Gold Miners ETF (GDX) is down more than 4 percent over the last month, while the Market Vectors Junior Gold Miners ETF (GDXJ) has crumbled more than 5 percent over the that period. Five Star Equities examines the outlook for companies in the Gold Industry [...]
(All figures are in US dollars unless otherwise indicated)VANCOUVER, Nov. 1, 2012 /CNW/ - New Gold Inc. ("New Gold") (TSX and NYSE MKT:NGD) today announces results for the third quarter of 2012, with gold production of 104,577 ounces at total cash costs(1) per ounce sold, net of by-product sales, of $443 per ounce. The company is pleased to report [...]
TSX:NGDNYSE:NGDVANCOUVER, Oct. 22, 2012 /CNW/ - New Gold Inc. ("New Gold") (TSX and NYSE MKT:NGD) plans to announce its third quarter financial results after market close on Thursday, November 1, 2012. A conference call and webcast will be held following the release on November 1st at 5:00 pm Eastern Time to discuss the results. Participants may [...]
VANCOUVER, Oct. 11, 2012 /CNW/ - New Gold Inc. ("New Gold") (TSX and NYSE MKT:NGD) announces that on November 20, 2012 ("Redemption Date"), the company will redeem all of its outstanding 5% subordinated convertible debentures due June 28, 2014 (CUSIP 644535AB2 and ISIN 644535AB24) ("Debentures"). The aggregate principal amount of the Debentures [...]
Gold Prices last week reached a 11-month high of $1,796.50 an ounce after comments by European Central Bank President Mario Draghi suggested that more bailouts may be forthcoming. Draghi had stated that euro is "irreversible," and that the central bank stood prepared to purchase the bonds of indebted countries. The Paragon Report examines investing [...]
Gold stocks have been on an impressive run as of late as prices for the precious metals have surged due to the potential of economic stimulus from central banks across the globe. Gold prices reached a 6-month high last Thursday after the Federal Reserve announced stimulus for the U.S. economy. The SPDR Gold Trust ETF (GLD) has gained nearly 10 [...]
Annual Gold Production Over 500,000 Ounces at Well Below Industry Average Cash Costs (All figures are in US dollars unless otherwise indicated)VANCOUVER, Sept. 20, 2012 /CNW/ - New Gold Inc. ("New Gold") (TSX and NYSE MKT:NGD) today announces a positive Preliminary Economic Assessment ("PEA") for its Blackwater Gold Project ("Blackwater" or the [...]
September 18, 2012 - Vancouver, British Columbia, CANADA - Atocha Resources (the Company), TSX.V - ATT is pleased to announce the acquisition of an additional 1,089 hectares of ground directly west and bordering the newly acquired KO epithermal gold and silver property situated in the "Blackwater - Newton gold belt."
Gold stocks have surged in the last month as prices for the precious metal have rallied sharply due to potential economic stimulus from central banks across the globe. The Market Vectors Gold Miners ETF (GDX) has gained over 12 percent in the last month. Gold prices have recently hit a five month high. Gold prices in August saw their largest [...]
While the price of gold has faced several headwinds of late, several analysts are optimistic gold could make a run in the second half of 2012 due to the ongoing accommodative monetary policies across the globe. A recent survey from Bloomberg shows that gold could be set for its best year since 2010. The Paragon Report examines investing [...]
Gold stocks have struggled in 2012 as a slowing global economy has resulted in lackluster physical and investor demand for the precious metal. The Market Vectors Gold Miners ETF (GDX) has fallen close to 17 percent this year, while the Market Vectors Junior Gold Miners ETF (GDXJ) has fallen over 21 percent. Five Star Equities examines the outlook [...]
VANCOUVER, Aug. 1, 2012 /CNW/ - New Gold Inc. ("New Gold") (TSX and NYSE MKT:NGD) today announces financial and operational results for the second quarter of 2012, with gold production of 95,158 ounces at a total cash cost(1) per ounce sold, net of by-product sales, of $472 per ounce. The company's solid gold production, below average costs and the [...]