Gold
(KGC) Kinross Gold Announces Investment in Ecuador Mine
Canadian Mining company Kinross Gold Corporation (KGC) plans to invest $1.1 billion in its Fruita Del Norte project in Ecuador until 2016.
The Fruita Del Norte Project is likely to produce 410,000 gold...
(NEM) Newmont Mining Corporation Acquires Fronteer Gold
Newmont Mining Corporation (NEM) completed the acquisition of Vancouver-based Fronteer Gold Inc. (FRG) for $2.3 billion, further expanding...
(GG) Goldcorp Corporation Announces Expansion Plans for Cerro Gold Deposit
Goldcorp Corp. (GG) announced expansion plans for the Cerro Negro epithermal gold deposit, acquired from Andean Resources in December 2010. The project is located in the southern Argentinean province of Santa...
(GG) Goldcorp Plans Organic Growth
Costs are becoming a growing concern for gold miners across the world. In this regard, Goldcorp Inc. (GG) has decided to set aside its acquisition strategies for the time being and concentrate only on developing...
(GG) Goldcorp Announces Increase in Dividend
Goldcorp Inc. (GG) increased its monthly dividend for 2011 to $0.034 per share, an 11% increase over the prior dividend. The dividend is payable on March 25, 2011 to shareholders of record as of March 17,...
(GG) Goldcorp Fourth Quarter 2010 Earnings Preview
Goldcorp Inc. (GG) is slated to release its fourth-quarter 2010 results on Friday, February 25 before the market opens. The current Zacks Consensus Estimate for the fourth quarter is 49 cents, representing...
(GG) Goldcorp Fourth Quarter 2010 Earnings Preview
Goldcorp Inc. (GG) is slated to release its fourth-quarter 2010 results on Friday, February 25 before the market opens. The current Zacks Consensus Estimate for the fourth quarter is 49 cents, representing...
(ABX) Barrick Gold Corporation Fourth Quarter 2010 Earnings Preview
Barrick Gold Corporation (ABX) is slated to release its fourth quarter 2010 results on Thursday, February 17 before the market opens. The current Zacks Consensus Estimate for the fourth quarter is 85 cents,...
(GG) Goldcorp’s Gold Reserves Increase for Seventh Consecutive Year
Goldcorp Inc.’s (GG) gold reserves once again increased for the seventh consecutive year. Gold reserves surged 23% to 60.1 million ounces in fiscal 2010. Measured and indicated gold resources also climbed...
(GG) Goldcorp Acquires Andean Resources
Goldcorp Inc. (GG) announced that it has completed the previously announced acquisition of Sydney, Australia-based Andean Resources Limited (AND.AX) for approximately C$3.6 billion ($3.4 billion). The acquisition...
(KGC) Kinross Gold Earnings Report Beats Estimates
Gold miner Kinross Gold Corporation (KGC) recorded net income of $121.6 million or 17 cents per share in the third quarter of 2010, significantly higher than last year’s $1.7 million or zero cents per share...
(NEM) Add Strong Emerging Market Malaysia To Your Global Portfolio
by Carl Delfeld, Investment U’s Contributing Editor
Tuesday, October...
(GOLD) Gold Rush Begins For Emerging Markets
by Tony D’Altorio, Investment U Research
Monday, October 11, 2010
Ten...
(GG) Goldcorp Heading for Australian Gold Miner Andean Resources
Goldcorp Inc. (GG), the leading Canadian gold producer is acquiring the Australian gold miner Andean Resources Ltd for a total consideration of C$3.6 billion (US $3.4 billion) along with...
(GG) Goldcorp Heading for Andean Resources
Goldcorp Inc. (GG), the leading Canadian gold producer is acquiring the Australian gold miner Andean Resources Ltd for a total consideration of C$3.6 billion (US $3.4 billion) along with...
(AU) Under Armour – Second Quarter Earnings Blast 133% Above Expectations
Under Armour, Inc. (AU) just hit a new multi-year high at $40 after reporting an awesome Q2 earnings surprise of 133% on July 27. This Zacks #1 rank stock now has an average earnings surprise of 53% over the...
(AEM) Agnico-Eagle Mines Limited Expands
Canadian gold producer Agnico-Eagle Mines Limited (AEM) has entered into an agreement with Comaplex Minerals Corporation, a company exploring and developing mineral properties in Canada, to acquire the remaining...
(KGC) Kinross Gold and Barrick Gold Strike Deal
Canadian gold mining company Kinross Gold Corporation (KGC) has sold its 25% interest in the Cerro Casale project in Chile to larger rival Barrick Gold Corporation (
1Apr2010 | vitalstocks | 0 comments | Continued(ABX) Barrick Gold Corporation Raises $834 From Spinoff
Barrick Gold Corporation (ABX) has raised about $834 million from spinning off African Barrick Gold plc through an initial public offering. Barrick has offered about 101 million shares priced at $8.8 (575...
(GG) Goldcorp Adjusts Fourth Quarter Profits Up
Gold mining company Goldcorp’s (GG) adjusted net profits more than doubled to 25 cents in the fourth quarter of 2009 from 12 cents per share in the year-ago period. Earnings which benefited from high metal...
(ABX) Barrick Gold’s Earnings Report Slightly Above Expectations
Barrick Gold Corporation (ABX) reported a $604 million or 60 cents per share profit in the fourth quarter of 2009, almost double last year’s earnings of $277 million or 32 cents. Reported earnings were also...
(GG) The Options Market: How Trading Options Just Got Easier
by Karim Rahemtulla, Options Expert
Tuesday, February 2, 2010: Issue #1188
It...
(NEM) Newmont Mining Corporation – Surprised by 38.6% in the Third Quarter
Newmont Mining Corporation (NEM) is riding the gold rush as the company has surprised on estimates 3 out of the last 4 quarters by an average of 11.02%. NEM is trading with a PEG ratio of just 0.86.
Company...
(GG) Goldcorp Incorporated Produces Record Quantity of Gold
Goldcorp Inc. (GG), the world’s second-largest gold producer, yielded over 2.4 million ounces of gold in 2009, exceeding the previously announced guidance of 2.3 million ounces. The results were driven by...
(GG) Goldcorp to Acquire 70% of EI Morro Copper-Gold Mining Project
Goldcorp Inc. (GG), the world’s second-largest gold producer, has announced its plans of acquiring a 70% stake in the EI Morro copper-gold mining project in north-central Chile. Goldcorp plans to advance...
(GG) Goldcorp Incorporated – Operating Cash Flow Up 35% Year-Over-Year
Goldcorp, Inc. (GG) is producing steady gains on increased production, rising gold prices and higher estimates.
Company Description
Goldcorp. Inc., together...
(AEM) Agnico-Eagle Updates Guidance
Recently, Canadian gold producer Agnico-Eagle (AEM) announced its gold production and cost guidance. With major capital projects nearing completion, Agnico expects gold production to double in 2010. Agnico-Eagle...
(NEM) Newmont Mining Corporation Signs Loan Deal
Newmont Mining Corporation (NEM) announced yesterday that its subsidiaries, Newmont Indonesia Limited and NVL USA Limited have entered into a loan transaction with P.T. Pukuafu Indah, an unrelated Indonesian...
(NEM) Newmont Mining Corporation Sells Interest in Mine
Newmont Mining Corporation (NEM)’s subsidiary, Newmont Indonesia Limited together with Nusa Tenggara Mining Corporation (an affiliate of Japan’s Sumitomo Corporation), has completed the sale of 7% of PT...