Gold's appeal as a safe haven increased Wednesday as nation's gross domestic product unexpectedly shrank in the fourth quarter. "Gold is reasserting itself as a flight to quality asset," said Adam Klopfenstein, senior market strategist with Archer Financial. Five Star Equities examines the outlook for companies in the Gold Industry and provides equity research on Gold Fields Limited (NYSE: GFI) and Kinross Gold [...]
TORONTO, ONTARIO -- (Marketwire) -- 01/10/13 -- Kinross Gold Corporation (TSX: K)(NYSE: KGC) plans to release its financial statements and operating results for the fourth quarter and full-year 2012 on Wednesday, February 13, 2013, after market close. The Q4 and full-year release will also include the Company's full-year guidance for 2013 (including forecast production, cost of sales and capital expenditures), and its [...]
Gold stocks have surged recently on optimism that policy makers would come up with an alternative to the upcoming "fiscal cliff". Gold prices have gained 6 percent in 2012, marking its 12th consecutive year of gains. The Market Vectors Gold Miners ETF (GDX) spiked 3.36 percent on the last trading day of 2012. The Paragon Report examines investing opportunities in the Gold Industry and provides equity research on Eldorado [...]
TORONTO, ONTARIO -- (Marketwire) -- 12/27/12 -- Kinross Gold Corporation (TSX: K)(NYSE: KGC) would like to clarify a news release issued by Southridge Enterprises Inc. ("Southridge") on December 26th, 2012 announcing a joint partnership between itself and Kinross relating to the Cinco Minas and Gran Cabrera properties in Mexico. The news release contained a number of statements regarding the value and status of the [...]
Gold stocks surged Wednesday as gold futures gained nearly $20 an ounce to settle at a 1-month high on optimism that lawmakers could make a deal which would avoid the upcoming "fiscal cliff". The Market Vectors Gold Miners ETF (GDX) spiked 1.5 percent Wednesday. The Paragon Report examines investing opportunities in the Gold Industry and provides equity research on Kinross Gold and Yamana Gold
LONDON -- (Marketwire) -- 11/15/12 -- While gold prices have been up and down this year, the yellow metal could soon rise, as the pending fiscal cliff in the U.S. could lead prices higher. Gold is often used as a hedge against inflation as well as a safe haven in times of economic uncertainty, both of which could continue through the remainder of 2012 and into 2013. This bodes well for the industry as well as companies [...]
Kinross Gold today announced its results for the third quarter ended September 30, 2012. (This news release contains forward-looking information that is subject to the risks and assumptions set out in our Cautionary Statement on Forward-Looking Information located on page seven of this news release. All dollar amounts in this news release are expressed in U.S. dollars, unless otherwise noted. The comparative figures have [...]
Moments ago, DividendSeeker.net introduced new coverage of Newmont Mining and Kinross Gold. Full outlook, analysis and consensus opinion is available to readers via the links below. The consistent delivery of accurate analyses relies solely on two factors, namely: market awareness and industry insight. Recent market drivers include a rise in new home sales to 5.7% in September to an annualized pace of 389,000 units [...]
After a solid start to the year, gold mining stocks have struggled of late. The Market Vectors Gold Miners ETF (GDX) is down more than 4 percent over the last month, while the Market Vectors Junior Gold Miners ETF (GDXJ) has crumbled more than 5 percent over the that period. Five Star Equities examines the outlook for companies in the Gold Industry and provides equity research on Eldorado Gold and Kinross Gold
TORONTO, ONTARIO -- (Marketwire) -- 10/31/12 -- Kinross Gold Corporation (TSX: K)(NYSE: KGC) is pleased to announce the appointment of Tony S. Giardini as Executive Vice-President and Chief Financial Officer. Mr. Giardini is expected to join Kinross effective December 1, 2012. He will replace Paul H. Barry, whose departure was announced on October 10, 2012, and who will continue in a transition role for an appropriate [...]
TORONTO, ONTARIO -- (Marketwire) -- 10/10/12 -- Kinross Gold Corporation (TSX: K)(NYSE: KGC) today announced that Executive Vice-President and Chief Financial Officer Paul H. Barry will be leaving the Company and pursuing other interests. The Company is conducting a full search for a suitable replacement. Mr. Barry will remain in his role until a new Chief Financial Officer is appointed and will assist the new CFO [...]
Gold Prices last week reached an 11-month high of $1,796.50 an ounce after comments by European Central Bank President Mario Draghi suggested that more bailouts may be forthcoming. Draghi had stated that euro is "irreversible," and that the central bank stood prepared to purchase the bonds of indebted countries. The Paragon Report examines investing opportunities in the Gold Industry and provides equity research on [...]
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