OceanaGold prices $106 mln IPO of Philippine unit

Toronto-listed miner OceanaGold Corp said on Wednesday it will raise 6.08 billion pesos ($106 million) through an initial public offering (IPO) of its Philippine unit, the first listing in the Southeast Asian nation in 2024.

China’s gold prices surge, hitting a record against the world

Mining News Pro - China’s suddenly full of gold bugs.

China gold prices plunge the most since 2020

Mining News Pro - Gold in China dropped the most in three years after Beijing permitted more imports, all but closing the gap with international prices that’s persisted for weeks.

China’s gold prices rising higher than rest of world due to import curbs

Mining News Pro - China’s gold price is rising against levels in London, a trend that local traders say is due to government curbs on imports of the precious metal.

Barrick beats quarterly profit estimates on higher gold prices

Mining News Pro - Barrick Gold Corp beat analysts’ expectations for second-quarter profit on Tuesday, as the Canadian gold miner benefited from higher prices of the precious metal.

Sumitomo Metal lifts FY profit forecast on higher gold prices

Mining News Pro - Sumitomo Metal Mining reported a 73% drop in first-quarter profit on Monday, but lifted its full-year profit outlook by 26% thanks to stronger-than-expected gold prices and one-off gains from a weaker yen.

Mining stocks in broad sell-off as copper, gold prices pull back

Mining News Pro - Mining stocks retreated across the board on Thursday after the gold price fell sharply and copper dropped below $10,000 for the first time in almost a month.

Gold prices surge to six-week highs

Mining News Pro - Spot gold prices have risen to a high of $US1759.70 ($2298.06) per ounce on Thursday, reaching its highest point in over a month.

Centamin 2020 profit soars on strong gold prices

Mining News Pro - West Africa-focused gold miner Centamin posted on Monday record revenue in 2020 as the coronavirus pandemic pushed precious gold prices to record highs.

Barrick beats profit estimates on higher gold prices

Mining News Pro - Canadian miner Barrick Gold Corp reported a quarterly profit on Thursday that beat analysts’ estimates, helped by a jump in gold prices due to coronavirus-induced economic uncertainty.

AngloGold Ashanti forecasts earnings to almost triple as gold prices surge

Mining News Pro - South Africa’s AngloGold Ashanti said on Tuesday it expected annual earnings to almost triple, boosted by a surge in gold prices during 2020 as investors rushed to buy the precious metal seen as a safe-haven asset in turbulent times.

Barrick raises dividend as profit soars on strong gold prices

Mining News Pro - Canadian miner Barrick Gold posted a near three-fold jump in quarterly adjusted profit on Thursday and increased its dividend, benefiting from a surge in gold prices fuelled by widespread coronavirus stimulus measures unveiled globally.

Freeport-McMoRan posts Q3 profit boosted by gold prices

Mining News Pro - Freeport McMoRan beat analysts’ estimates for third-quarter profit, as the miner benefited from higher gold prices due to the covid-19 pandemic and cost cuts.

Gold prices zig zag as US election looms

Mining News Pro - Gold prices have experienced an erratic run in recent weeks, falling from $2776.19 an ounce on August 18 to as low as $2647.95 an ounce on September 8, according to ABC Bullion.

Polyus net profit up 63% on higher gold prices

Mining News Pro - Russian largest gold producer Polyus said on Monday that its second-quarter net profit rose 63% year-on-year to $684 million due to a 31% increase in gold prices.

Centamin earnings soar on higher gold prices

Mining News Pro - Egypt-focused gold miner Centamin posted on Tuesday a jaw-dropping 280% rise in net profit for the first half of 2020 compared to the same period last year, on the back of higher output from its flagship Sukari mine, falling costs and soaring metal prices.

Gold prices hit $US2000/oz

Mining News Pro - Gold has traded above $US2000 ($2805), another record high for the precious metal, before settling just below this peak.

Gold prices near $US1900/oz

Mining News Pro - Gold prices have moved to their highest point since 2011 this week as they approached $US1900 ($2662) an ounce.

COVID-19 cases buoy record gold prices

Mining News Pro - Australian gold prices have reached another height, breaching and staying above $2600 an ounce since Tuesday this week.

High Aussie gold prices contribute to lower production

Mining News Pro - Australian gold production fell by 10 tonnes, or 12 per cent from the previous quarter during the March period, according to gold consultants Surbiton Associates.

Gold prices zig zag to three-year highs

Mining News Pro - Australian gold prices have climbed back up to three-year highs, hitting $2673.56, according to data from ABC Bullion.

Gold prices rebound on US unemployment data

Mining News Pro - Gold prices rebounded on Thursday as new data shows surging unemployment figures in the US, stoking fears over a global economic downturn.

Newmont buoyant behind higher production, gold prices

Mining News Pro - Newmont has reported a more than ninefold rise in earnings in the first quarter of this year, a period that included a number of activities that impacted its Australian operations.

Gold prices continue rollercoaster, shoot to another record

Mining News Pro - Australian gold prices have hit seven-year highs yet again, with ABC Bullion recording a price of $2712.49 per ounce last week, before dropping over the weekend and settling back at $2672.78.

Gold prices increased amid market shock

Mining News Pro - The Australian dollar gold price has reached a seven-year high in the wake of a crash in crude oil prices.

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