kinross-gold

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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Kinross (NYSE:KGC) , Eldorado Gold (NYSE:EGO), Iamgold (NYSE:IAG) Up As Gold Rebounds

Kinross Gold (NYSE:KGC) (TSE:K), Eldorado Gold (NYSE:EGO), Iamgold Corp. (NYSE:IAG) (TSE:IMG) are partaking in the rebound of gold after noon today in New York, as investors start to return to the metal after taking profits from last week’s two record-breaking gold price days. At 1:21 PM EDT, gold prices were at $1,240.20 an ounce, a gain of $7.60. Eldorado Gold led the gold miners today, and

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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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Kinross (NYSE:KGC), Barrick (NYSE:ABX) Up After Slow Start

Kinross Gold (NYSE:KGC) and Barrick Gold (NYSE:ABX) have rebounded some as gold futures were down in the early part of the trading day, and they were down with it. In Toronto gold stocks had been experiencing a brutal day, as 23 out of 27 of the gold companies listed on the TSX were down, and some are still down as their New York counterparts rise. Kinross was up slightly at 0.17 percent at 11:

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John Paulson’s Gold Investments Mixed in 2010

Kinross Gold (NYSE:KGC), SPDR Gold Trust (NYSE:GLD) and Anglogold Ashanti (NYSE:AU) are all part of the massive gold holdings of hedge fund manager John Paulson, and so far in 2010 they haven’t done a lot to increase the value of the fund, although Anglogold and the SPDR Gold Trust have helped some over the last six months, at least generating gains during that time. Although that is the case so

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Newmont Mining (NYSE:NEM) Retains "Buy" from Deutsche Bank (NYSE:DB)

In the gold mining space, Newmont Mining (NYSE:NEM), along with major competitor Barrick Gold (NYSE:ABX) (TSE:ABX), are considered the top gold companies for value investing, with expectations they’ll outperform rivals Goldcorp (NYSE:GG) and Kinross Gold (NYSE:KGC), according to Deutsche Bank (NYSE:DB) analyst Jorge Beristain.Deutsche Bank retained its “Buy” rating on Newmont, which Barrick Gold

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Goldcorp (NYSE:GG), Kinross (NYSE:KGC) Should be Outperformed by Barrick (NYSE:ABX), Newmont Mining (NYSE:NEM) says Deutsche Bank (NYSE:DB)

Deutsche Bank (NYSE:DB) analyst Jorge Beristain probably didn’t win any friends from Goldcorp (TSE:G) (NYSE:GG) and Kinross Gold (NYSE:KGC) today, as he upgraded major rival Barrick Gold (TSE:ABX) (NYSE:ABX), and reiterated their “Buy” rating on Newmont Mining. What he added I’m sure ruffled their feathers, as he said Barrick and Newmont should outperform Goldcorp and Kinross in the current

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Kinross Gold (NYSE:KGC) Slightly Up Friday

Kinross Gold (NYSE:KGC) (TSE:K) finished the Friday session slightly up in New York, as a number of gold miners began to rebound a little after a brutal week where they were down, as speculators took profits after a stretch where gold prices surged to record highs, reaching the all-time high of $1,249.70 an ounce before the sell-off.The gold producer didn’t do quite as well in Toronto, but that

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Kinross Gold (NYSE:KGC), Goldcorp (NYSE:GG) and Hecla Mining (NYSE:HL) Plunge – Traders Take Profits

Kinross Gold (NYSE:KGC), Goldcorp (NYSE:GG) (TSE:G) and Hecla Mining (NYSE:HL) all plummeted today as traders took an opportunity to take their profits as gold prices surged over the last couple of weeks. Hecla Mining was down the most by percentage, with a decline of 5.59 percent, or 33 cents. Volume for them, like the other gold miners, was up way above the 3-month average, increasing from

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Novagold (AMEX:NG) Iamgold (TSE:IMO) Barrick Gold (NYSE:ABX) (TSE:ABX) Randgold Resources (Nasdaq:GOLD) Added by Paulson & Co

John Paulson continues to like the gold market, and he backed that up with four new positions for his Paulson & Co. hedge fund, adding Novagold (AMEX:NG), Iamgold (TSE:IMO), Barrick Gold (NYSE:ABX) (TSE:ABX) and Randgold Resources (Nasdaq:GOLD), growing the number of gold investments to his already-significant gold positions in SPDR Gold Shares (NYSE:GLD), which is the largest holding in the fund

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Newmont Mining (NYSE:NEM), Barrick Gold (TSE:ABX), Kinross Gold (TSE:K) and Goldcorp (NYSE:GG) All Up

Barrick Gold (NYSE:ABX)(TSE:ABX) Newmont Mining (NYSE: NEM) Kinross Gold (NYSE:KGC) (TSE:K) and Goldcorp (NYSE:GG) (TSE:G) all moved with the price of gold futures today. The gold prices today started off surging in a big way, and the gold miners followed suit, all rising strongly, and then right before noon, all of them, including gold futures prices, plunged. Right after noon they all

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Gold Wheaton Gold (TSX:GLW) Up, Kinross Gold (TSX:K), Barrick Gold (TSX:ABX) Down

Gold Wheaton Gold (TSE:GLW) ended the session slightly up today, while Kinross Gold (TSE:K) (NYSE:KGC) and Barrick Gold (TSE:ABX) (NYSE:ABX) Gold Wheaton finished the day up 0.03 or 1.12% on the Toronto Stock Exchange, while Kinross Gold was down 41 cents and Barrick Gold down 79 cents at the end of the day. Gold futures for June delivery dropped to $1,229.20 on the Comex in New York today,

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