Sentences with phrase «gold sector»

A collective $ 3 billion in market value has been added to the thriving Australian gold sector in the past week as established producers and junior project developers alike continue their golden run.

The TSX was weighed down by a drop of almost two per cent in the much - battered gold sector as bullion prices resumed sliding after the Fed move.

Overall, the TSX gold sector led decliners as the June bullion futures contract fell US$ 63.50 to US$ 1,501.14 an ounce.

An analysis of the bulk of the Australian Securities Exchange - listed gold sector revealed its collective market capitalisation had increased by $ 7.9 billion to $ 26.6 billion in the past three months.

Gold prices are down 29 per cent so far this year while the TSX Global Gold sector has tumbled about 50 per cent.

Its current dividend yield is a healthy 2.49 %, which is pretty good for the highly volatile gold sector.

There is now a renaissance within the Australian gold sector but if we fall into those traps we are going to end up with the same result.

Some usually reliable indicators are signalling that a bottom may be forming in the gold sector.

The gold sector rose about 0.3 per cent as December bullion faded $ 10.70 to US$ 1,316.30 an ounce.

February bullion climbed $ 1.90 to US$ 1,240.20 an ounce and the gold sector rose about 0.7 per cent.

The gold sector was down about 2.5 per cent as August bullion rose $ 7.10 to US$ 1,374 an ounce.

But take a closer look at the gold sector and you'll see that Regent's ouster fits a pattern.

Perth - based private mining contractor Barminco has posted a 30.7 per cent rise in operating profit for the 2016 financial year, with the company optimistic about prospects in the gold sector for the year ahead.

Former oil and gas explorer Emerald Resources has confirmed plans to transition to the gold sector, announcing today a joint venture deal to earn - in to Renaissance Minerals» Cambodian gold project.

The gold sector has continued to be positive for investors and stockbrokers, with a $ 12.5 million capital raising announced today by West African Resources adding to more than $ 150 million worth of deals launched by Western Australian companies this year.

ANALYSIS: It's not often that hyperbole merges with reality when it comes to resources, but WA's gold sector has just thrown conventional wisdom out the window.

ANALYSIS: A convergence of geopolitical and political events is causing widespread concern across Europe and the US, and WA's gold sector could offer some stability for investors.

The gold sector also helped lift the TSX, up about 0.7 per cent as June bullion gained $ 6.70 to US$ 1,393.30 an ounce late in the afternoon in electronic trading on the New York Mercantile Exchange.

The gold sector in Western Australia has undergone remarkable change in the past two years.

The Toronto Stock Exchange's S&P / TSX composite index was down 43.51 points to 15,671.15, led by losses in the energy, materials, metals and gold sector.

Interest from North American pension funds could help drive continued strength in the gold sector, although tax competitiveness and policy stability will be important, according to industry leaders.

We're focused on leading the gold sector in creating value for our stakeholders.

Based on my decade of insider experience in the industry, here's what I would do if I were new to the gold sector:

With a rising gold price and a falling Euro, our most recent pick in the gold sector is about to get a lot more attention as they are getting closer to production in Spain.

So aside from the fact that the gold sector has started a new cycle, the fundamental scarce nature of gold and the fact that it will become more difficult to access a steady supply in coming years, argues a compelling case for gold exposure now.

As interest in shining gold stocks builds, Allan Gray fund manager Simon Mawhinney said investors should proceed with caution, given the gold sector's past failings.

«If you look in the rear - view mirror we [the gold sector] probably haven't been great allocators of shareholder capital,» he said.

The gold sector has come out of a five - year downturn, having bottomed out early this year.

This is exactly what we expect to see in the gold sector as big money managers (institutional clients of the Belkin Report) begin to accumulate positions in depressed gold stocks.

Unhedged, publicly held gold companies report large losses, and the gold sector lies at the bottom of all major sector performers.

The gold sector is on a short - term buy signal.

The gold sector is on a long - term buy signal.

Before it ends, progress in the gold sector will probably be halting at best, although we remain of course open to gold sensing future changes in fundamentals with a long lead time, which can happen out of the blue — but that kind of character change will definitely be noticeable.

It's no wonder that a few years ago, Chavez not only ordered the repatriation of 90 percent of Venezuela's gold reserves held abroad, but also planned to nationalize the gold sector and use the production to boost the country's international reserves:

Shares of many large domestic and international companies in the gold sector trade on the major stock exchanges, so it is possible to buy their stock directly.

Keep in mind that when buying shares in a company that participates in the gold sector, you have no actual stake in their gold; instead, you are buying shares in the operation itself.

The gold sector faded 2.4 per cent as February bullion moved down $ 2.60 to US$ 1,229.40 an ounce after traders looking for a safe haven had pushed gold up US$ 37 an ounce on Tuesday.

Investors who want exposure to stocks can either buy individual securities, ETFs that track the gold sector or mutual funds that hold a basket of precious metal companies.

In his column, Turbulent Times for Gold Sector, Jubak points to Yamana Gold (NYSE: AUY), another Canadian gold company like Barrick, in writing that, «And these certainly aren't great times in the gold sector.

The S&P / TSX composite index gained 57.47 points to 13,392.2 following a 155 - point jump Wednesday, with gains Thursday limited by the gold sector as precious metal stocks added to the steep declines chalked up this year while bullion closed at a three - year low.

As Jim Jubak wrote about this for his column on MSN Money, Barrick Gold (NYSE: ABX), freaked out the gold sector on November 1 with news that it would raise at least $ 3 billion in a new stock offering.

The gold sector was the only major advancer, up 1.4 per cent while the February gold contract gained $ 4.50 to US$ 1,194.90 an ounce.

With a focus on lower cost new mines, Goldcorp offers greater income earning potential for dividend investors interested in the gold sector.

I suspect that the weakness we are seeing in the gold sector is something of a precursor in this case as well.

Employing the knowledge of its long tenured portfolio manager with over 30 years» experience in the gold sector, the Fund invests in major gold producers, intermediate and junior gold producers along with exploration and development companies.

The specialized nature of the gold sector demands experience to evaluate and identify opportunities and cycles within the sector while managing the associated risks.