Newmont Reports Lower 3Q Profit, Production

(Kitco News) – Newmont Mining Co. (NYSE:NEM) reported net income of $210 million, or 42 cents share, in the third quarter, compared with $419 million, or 84 cents per share, in the third quarter of 2013.

Bookmark and Share

Gold Sharply Lower in Aftermath of Hawkish FOMC, Rallying Greenback; Silver Sinks to 4-Year Low

Gold prices ended the U.S. day session sharply lower and hit a three-week low Thursday. Precious metals have been hit hard by a stronger U.S. dollar and a surprisingly hawkish Federal Reserve. Silver prices slumped to a four-year low Thursday. December Comex gold was last down $25.50 at $1,199.40 an ounce. Spot gold was last quoted down $12.40 at $1,199.40. December Comex silver last traded down $0.804 at $16.46 an ounce.

Bookmark and Share

Credit Agricole Looks For Gold To Stabilize In 4Q, Soften In 2015

Credit Agricole sees gold stabilizing in the fourth quarter on “conflicting” influences but then soften in 2015.

Bookmark and Share