All the recently announced government bailouts will cause huge amounts of inflation, driving up the price of gold. That should be great for the stock prices of gold producers. Also, the prices of gold mining stocks have gone down recently far below the prices you might expect from looking at the price of gold, so [...]
Canada - (In Sept. 9 story, corrects cost guidance range in second paragraph to $425-445, not $425-455) (Adds paragraph 8 on industry M&A environment and paragraphs 14-16 on gold price outlook)
By Frank Tang
DENVER (Reuters) - A senior executive of Barrick Gold (nyse: ABX ) said Tuesday that the world’s largest gold producer will meet its [...]
Stock Rating Reiterations: SWIM AIG OFC ABX ALO DRYS AMGN
Last Update: 8/25/2008 10:30:00 AM
Rating reiterations for Monday from Briefing.com:
Company Ticker Brokerage Ratings Change
Alpharma [...]
It was a matter of public record in January 1995, when the Federal Reserve’s general counsel, J. Virgil Mattingly, told the Federal Open Market Committee, according to the committee’s minutes, that the U.S. Treasury Department’s Exchange Stabilization Fund had undertaken “gold swaps.” Those minutes are still posted at the Fed’s Internet site:
www.federalreserve.gov……
It was [...]
By Christopher Barker
Beijing has its medals. Canada has its metals. A Toronto-based mining company stepped to the podium this week to announce a shiny set of earnings.
Yamana Gold (NYSE: AUY) reports that second-quarter revenue increased 83% from the prior year to $337 million, while adjusted earnings improved 34% to $103 million.
Yamana produced more than [...]
Credit Suisse Had Barrick Gold At Neutral
Last Update: 8/1/2008 12:00:03 AM
(END) Dow Jones Newswires
August 01, 2008 00:00 ET (04:00 GMT)
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Barrick Gold Raised To Buy From Hold By Blackmont >ABX
Last Update: 5/7/2008 11:18:04 AM
(MORE TO FOLLOW) Dow Jones Newswires
May 07, 2008 11:18 ET (15:18 GMT)
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