Gold stocks surged Wednesday as gold futures gained nearly $20 an ounce to settle at a 1-month high on optimism that lawmakers could make a deal which would avoid the upcoming "fiscal cliff." The Market Vectors Gold Miners ETF (GDX) spiked 1.5 percent last Wednesday. The Paragon Report examines investing opportunities in the Gold Industry and [...]
DENVER, CO -- (Marketwire) -- 11/07/12 -- Golden Star Resources Ltd. (NYSE MKT: GSS) (TSX: GSC) (GHANA: GSR) Third quarter gold sales up 9% to 80,826 ounces from 73,861 ounces in Q3 last yearYear-to-date gold sales up 6% to 243,734 ounces from 230,309 ounces in 2011Revenue up 6% in Q3 to $133.5 million and up 14% year-to-date to $400.8 million vs [...]
After a solid start to the year, 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 [...]
DENVER, CO -- (Marketwire) -- 10/15/12 -- Golden Star Resources Ltd. (NYSE MKT: GSS) (TSX: GSC) (GHANA: GSR)
54.3m (meters) grading 4.8 g/t (grams per tonne) gold up-plunge from previous high-grade intercepts at B Shoot, including 27.5m at 8.8 g/t (from 373.0m drilled depth)
Gold Prices last week reached an 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 [...]
Golden Star today announced preliminary third quarter 2012 production results for its Bogoso/Prestea and Wassa/HBB operations. The Company produced a total of 83,340 ounces of gold in the third quarter ended September 30, 2012, approximately 2% below guidance of 85,000 ounces. Gold sold totaled 80,849 ounces. For the first nine months of 2012, the [...]
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 [...]
DENVER, CO -- (Marketwire) -- 09/14/12 -- Golden Star Resources Ltd. (NYSE MKT: GSS) (TSX: GSC) (GHANA: GSR) ("Golden Star" or the "Company") today announced that it has redeemed $6.13 million of its 4.00% Convertible Senior Unsecured Debentures due November 30, 2012, (the "Original Debentures") by way of a privately negotiated transaction [...]
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 14 percent in the last month. Gold prices have recently hit a five month high. Gold prices in August saw their largest [...]
Gold prices have rebounded to above $1,600 an ounce, from as low as $1,540 in May, on hopes of further monetary easing from both the Federal Reserve and the European Central Bank. "When we look forward into the second half of this year, there are a great many unanswered questions that could potentially be positive for the gold market in terms of [...]
DENVER, CO -- (Marketwire) -- 08/08/12 -- Golden Star Resources Ltd. (NYSE MKT: GSS) (TSX: GSC) (GHANA: GSR) Gold sales up 10% to 85,183 Ounces in Q2 2012 from 77,725 Ounces in Q1 and up 20% from 70,811 ounces in Q4 2011Cash operating costs per ounce decline to $921 in Q2 2012 from $1,118 in Q1 and $1,089 in Q4 2011Second Quarter 2012 revenue up [...]
Gold prices have recently hit a three-week high after comments from European Central Bank President Mario Draghi increased speculation that more quantitative easing was on the way." Within our mandate, the ECB is ready to do whatever it takes to preserve the euro," Mario Draghi said at a recent conference. "And believe me, it will be enough." The [...]
