Keyword: "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.

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.

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.

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.

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.

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

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

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

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.

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

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.

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.

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.

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

Mining News Pro - Canadian miner Kinross Gold reported a better-than-expected quarterly profit on Wednesday, helped by record output at its third biggest mine, Tasiast, and higher gold prices.

Mining News Pro - Barrick Gold posted on Wednesday a better-than-expected quarterly profit and gave investors a welcome 40% dividend increase, thanks to strong gold prices.

Mining News Pro - Canadian gold miner Agnico Eagle Mines Ltd reported a better-than-expected adjusted profit for a fourth straight quarter on Wednesday, largely due to higher realized gold prices.

Mining News Pro - Gold prices held steady early on Tuesday as the dollar was pressured by weak U.S. economic data and cautious comments about the global economy from Federal Reserve officials.

Mining News Pro - Gold prices rose on Friday, having hit a one-week high earlier in the session, as investors sought safe-haven assets amid fears of a chaotic departure for Britain from the European Union.

Mining News Pro - Gold prices are holding relatively steady, hovering above the psychological level of $1,200 an ounce as the U.S. labor market showed a mixed picture last month.

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