Gold mining Companies

Stifel Nicholas Initiates Coverage on IAMGOLD (NYSE:IAG), Eldorado (NYSE:EGO), Kinross (NYSE:KGC), Others

Stifel Nicholas initiated coverage on a large number of gold mining companies today, including IAMGOLD (NYSE:IAG), Eldorado (NYSE:EGO), Kinross (NYSE:KGC), Barrick Gold (NYSE:ABX), Goldcorp (NYSE:GG), Osisko Mining (TSE:OSK), European Goldfields (TSE:EGU) and Newmont Mining (NYSE:NEM). Eldorado Gold, Barrick Gold, Kinross Gold and Goldcorp were all started off with “Holds” by Stifel. While

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Barrick (NYSE:ABX) Closing in on 52-Week High

A consistent performer among gold miners, Barrick Gold (NYSE:ABX) (TSE:ABX) is closing in on its 52-week high, as rising gold prices are helping pull gold mining companies up with it.The 52-week high of Barrick is $48.02, reaching that level in the early part of December. Friday the giant gold miner closed the session at $46.09, an increase of 2.8 percent.As gold prices continue to rise, Barrick

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Crisis in Europe: ETFs for a Greek Tragedy « ETF Trends

Market Vectors Junior Gold Miners ETF (NYSEArca: GDXJ): Holds the stock of small- and mid-cap gold mining companies. iShares COMEX Gold Trust (NYSEArca: IAU): Holds physical gold bullion . PowerShares Global Gold and Precious Metals …

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IAMGOLD (NYSE:IAG), Yamana Gold (NYSE:AUY), Royal Gold (NYSE:RGLD) Join Gold Rebound

Everywhere you look today, gold mining companies were up, as gold prices surged, carrying the gold miners with them. IAMGOLD (NYSE:IAG), Yamana Gold (NYSE:AUY) and Royal Gold (NYSE:RGLD) were all up in the session, moving in conjunction with gold prices, which leveled at gains between $10 to $13 an ounce, and $1,231 a range of $1,234 an ounce overall, after it settled in afternoon trading.As

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Centerra (TSE:CG) CEO Reiterates Acquisition Plans

Centerra Gold Inc. (TSE:CG) CEO Stephen Lang reiterated his plans to grow the company primarily via acquisitions rather than organically, confirming again they’ve set aside $2.9 billion for that purpose over the next year.Lang said, “We would be interested in something that is approximately our size. We are looking for potential acquisitions that are in the late stages of exploration.” They are

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Barrick Gold (NYSE:ABX), Goldcorp (NYSE:GG), Newmont Mining (NYSE:NEM) to be Avoided?

There are a number of people who are telling people they should stay away from gold and gold mining companies, for what seems to be nothing other than being contrarian for the sake of being contrarian. So they recommend not investing in companies like Barrick Gold (NYSE:ABX), Goldcorp (NYSE:GG) and Newmont Mining (NYSE:NEM) because they’re focused almost solely on producing gold, rather than a

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Red Back Mining (TSE:RBI) Drawing Acquisition Interest

The recent investment by Kinross Gold (NYSE: KGC) in Red Back Mining (OTC:RBIFF.PK) (TSE:RBI) has drawn the attention of industry watchers as to the possibility of Red Back being an acquisition or merger target.Red Back produced around 340,000 ounces of gold in 2009, and estimates it’ll produce about 485,000-525,000 ounces in 2010. Those production levels going forward is what makes the company

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AngloGold Ashanti (NYSE:AU), Gammon (NYSE:GRS), Iamgold (NYSE:IAG) All Down

Even though macro-economic conditions are positive for gold and gold mining companies, the news that job creation was only about 5 percent in the private sector of America wasn’t enough to quickly turn around gold miners like AngloGold Ashanti (NYSE:AU), Gammon (NYSE:GRS), Iamgold (NYSE:IAG), who along with most gold companies trading in New York dropped on the day.Gold futures on the other hand

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JPMorgan (NYSE:JPM) Adding Gold Miners to Portfolio

JPMorgan’s (NYSE:JPM) Ian Henderson, who manages the $2.3 billion Global Natural Resources fund and the $2.9 billion U.K. Natural Resources, among others, has been increasing the funds’ gold holdings, saying the gold market is at its best levels since the 1970s. Gold mining companies are his primary focus, and he’s added gold mining giants Barrick Gold (NYSE:ABX) (TSE:ABX) and Newmont (NYSE:NEM)

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Newmont Mining (NYSE:NEM), Barrick Gold (NYSE:ABX), Cheap Gold Stocks

Gold mining giants Newmont Mining (NYSE:NEM) and Barrick Gold (NYSE:ABX) (TSE:ABX) are strong companies but cheap stocks at this time. The overall gold mining sector is cheap at this time, as they’re making real profits and are largely undervalued and lagging the price of gold. For example, with Barrick and Newmont, they’re both trading far below what they were just six months ago, with Barrick

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Eldorado Gold (NYSE:EGO), Yamana Gold (NYSE:AUY) Finish Session Up

Gold futures and stocks were up and down today, with gold futures was down $1.70, ending the day at $1223.40 an ounce. A number of gold miners experienced similar fluctuations, with Eldorado Gold (NYSE:EGO) (ELD.TO) and Yamana Gold (NYSE:AUY) (TSE:YRI) both ending in positive territory, as well as did other gold mining companies which were down earlier in the day. Yamana Gold finished the day in

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Gold Bullion Always Been a Favoured Investment | Financial …

The funds for investing in gold can be made through the purchase of physical gold bullion in the form of gold bars or gold rounds, embossed gold coins. Gold stocks in gold mining companies are also available and various types of mutual …

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