All Posts Tagged With: "KGC"
(KGC) Kinross Gold Declares 2012 Outlook
Kinross Gold Corporation (KGC) declared preliminary operating results for full-year 2011 while providing guidance for 2012. Kinross expects 2011 production to be approximately 2.6 million gold equivalent ounces and cost of sales to be approximately $600 per gold equivalent ounce,...
17Jan2012 | vitalstocks | 0 comments | Continued(KGC) Kinross Gold Updates Depreciation, Depletion and Amortization Guidance
Gold miner Kinross Gold Corporation (KGC) updated its guidance for depreciation, depletion and amortization in 2011 to approximately $600 million versus its previous forecast of $651million. Kinross remains on track to produce about 2.6 – 2.7 million attributable gold equivalent...
28Nov2011 | vitalstocks | 0 comments | Continued(GM) Metals and Mining Stock Outlook – November 2011 – Industry Outlook
Overview The Metals & Mining industry encompasses the extraction (mining) as well as the primary and secondary processing of metals and minerals such as aluminum, gold, precious metals, coal and steel. The industry is oligarchic in structure, with a few producers accounting...
11Nov2011 | vitalstocks | 0 comments | Continued(ABX) Why Gold Mining Stocks Are About to Skyrocket
by Dr. Mark Skousen, Investment U Contributing Editor Wednesday, September 21, 2011: Issue #1605 Are you frustrated by the failure of gold mining stocks to keep up with gold? I am. While gold and silver are up 30 percent this year, the mining stocks continue to lag. Barrick Gold...
21Sep2011 | InvestmentU | 0 comments | Continued(AEM) Agnico-Eagle Mines Agrees to Acquire Grayd Resource Corporation
Agnico-Eagle Mines Ltd. (AEM) agreed to acquire Grayd Resource Corporation (Grayd) in a deal valued at approximately US$275 million, giving the Canadian gold producer an early stage project in Mexico. Agnico-Eagle will offer Grayd shareholders a combination of cash and shares...
21Sep2011 | vitalstocks | 0 comments | Continued(GDX) Why These Gold Mining Stocks Could Soar
by Matthew Carr, Investment U Commodities Specialist Friday, August 12, 2011: Issue #1577 If you hold gold mining stocks in your portfolio, you’re probably a little miffed at the moment. While the Dow Jones Industrial Average lost 1,880 points between July 21 and the morning...
19Aug2011 | InvestmentU | 0 comments | Continued(KGC) Kinross Gold Posts Strong Second Quarter Earnings
Gold miner Kinross Gold Corporation (KGC) reported record adjusted net income of $226.5 million or $0.20 per share in the second quarter of 2011, above last year’s $111.4 million or $0.16 per share, outpacing the Zacks Consensus Estimate of $0.16. GAAP net earnings were $247.4...
11Aug2011 | vitalstocks | 0 comments | Continued(GM) Metals & Mining Stock Outlook – July 2011 – Industry Outlook
Overview The Metals & Mining industry encompasses the extraction (mining) as well as the primary and secondary processing of metals and minerals such as aluminum, gold, precious metals, coal and steel. The industry is oligarchic in structure, with a few producers accounting...
1Jul2011 | vitalstocks | 0 comments | Continued(AEM) Agnico-Eagle Mines Mine Output Unscathed by Fire
Toronto based Agnico-Eagle Mines (AEM) announced that gold production at its Meadowbank operation in Canada’s Nunavut territory will be around 50% higher in the second half of 2011 compared with the first six months of the year. As per the company, total group production...
28Jun2011 | vitalstocks | 0 comments | Continued(KGC) Kinross Gold Invests in Edgewater Exploration
The Canadian mining company Kinross Gold Corporation (KGC) announced that it intends to purchase 625,000 units of Edgewater Exploration Ltd. in a private placement, for C$500,000.The private placement is subject to approval by the TSX Venture Exchange. After the private placement...
19Jun2011 | vitalstocks | 0 comments | Continued(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 equivalent ounces on an average each year during its life. The life expectancy...
10Apr2011 | vitalstocks | 0 comments | Continued(F) Metals & Mining Industry Outlook – March 2011 – Industry Outlook
Overview The Metals & Mining industry encompasses the extraction (mining) as well as the primary and secondary processing of metals and minerals such as aluminum, gold, precious metals, coal and steel. The industry is oligarchic in structure, with a few producers accounting...
25Mar2011 | vitalstocks | 0 comments | Continued(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 a significant annualized growth of 95.75%. With respect to earnings surprise,...
23Feb2011 | vitalstocks | 0 comments | Continued(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 a significant annualized growth of 95.75%. With respect to earnings surprise,...
23Feb2011 | vitalstocks | 0 comments | Continued(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 13% to 25.7 million ounces in 2010, following recent discoveries at its...
10Feb2011 | vitalstocks | 0 comments | Continued(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 brings to Goldcorp the Cerro Negro Gold project, an advanced-stage,...
30Dec2010 | vitalstocks | 0 comments | Continued(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 and surpassed the Zacks Consensus Estimate of 16 cents per share. Including...
17Nov2010 | vitalstocks | 0 comments | Continued(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 its key assets including Cerro Negro gold project in Argentina. Currently, the company has...
8Sep2010 | vitalstocks | 0 comments | Continued(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 its key assets including Cerro Negro gold project in Argentina. Currently, the company has...
3Sep2010 | vitalstocks | 0 comments | Continued(MT) Metals and Mining Review – September 2010 – Industry Outlook
Overview The Metals & Mining Industry encompasses the extraction (mining), as well as the primary and secondary processing of metals and minerals such as aluminum, gold, precious metals, coal and steel. The industry is oligarchic in structure, with a few producers accounting...
1Sep2010 | vitalstocks | 0 comments | Continued(F) Metals & Mining Outlook & Review – May 2010 – Industry Outlook
The Metals & Mining Industry encompasses the extraction (mining), as well as the primary and secondary processing of metals and minerals. The industry is oligarchic in structure, with a few producers accounting for the lion’s share of production. Geographically, the Asia-Pacific...
12May2010 | vitalstocks | 0 comments | Continued(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 (ABX) as announced on February 17, 2010. With a 75% interest, Barrick now has control over one of the world’s...
1Apr2010 | vitalstocks | 0 comments | Continued(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 prices, were also ahead of the Zacks Consensus Estimate of 24 cents. For...
16Mar2010 | vitalstocks | 0 comments | Continued(RCI) Rogers Communications is Canada’s Top Cable TV and Wireless Company
As we prepare to douse the flame on another Winter Olympics this weekend, we may choose to reflect fondly on them and their host country, Canada. Regardless what you may think about the sports of Ice Dancing or the Skeleton competition, stories of performance excellence and remarkable...
28Feb2010 | vitalstocks | 0 comments | Continued(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 ahead of the Zacks Consensus Estimate of 57 cents. The Canadian gold...
23Feb2010 | vitalstocks | 0 comments | Continued(F) Metals & Mining Stock Review – January 2010 – Industry Outlook
The Metals & Mining Industry encompasses the extraction (mining), as well as the primary and secondary processing, of metals and minerals. The industry is rather concentrated in structure, with a few producers accounting for the lion’s share of sales. Geographically, the...
6Jan2010 | vitalstocks | 0 comments | Continued(KGC) Kinross Gold Corporation’s Kupol Mine Certified
Canadian mining company, Kinross Gold Corporation (KGC) announced recently that its Kupol mine in the Far East Region of the Russian Federation has been fully certified under the International Cyanide Management Code. Kupol is the first mine in Russia to obtain this certification. In...
27Dec2009 | vitalstocks | 0 comments | Continued(AU) Take Profits on Gold: The Media’s Dead Wrong About This Market
by Marc Lichtenfeld, Healthcare Expert Wednesday, December 9, 2009: Issue #1154 Now is the time to take profits on gold – at least on a temporary basis. I’m sure I’m going to hear it from the gold bugs now, but my colleague Karim Rahemtulla is right on the money with...
9Dec2009 | InvestmentU | 0 comments | Continued(KGC) Gold Producers Generating Less Output
Kinross Gold Corporation (KGC) is planning to acquire mining assets in North and South America, Russia and Ghana to stay out of countries such as China, which is currently the world’s top gold producer. Toronto-based Kinross will continue to build on its operations spread...
2Dec2009 | vitalstocks | 0 comments | Continued(KGC) Kinross Gold Corporation Increases Exploration
Canadian gold mining company Kinross Gold Corporation (KGC) recently received authorization from the Ecuadorian Ministry of Non-Renewable Natural Resources to re-commence advanced exploration activities at the Fruta del Norte (FDN) gold project in Zamora-Chinchipe province of...
14Nov2009 | vitalstocks | 0 comments | Continued