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Latest Press Releases

Agnico Eagle Reports Third Quarter 2020 Results - Strong Operational Performance and Record Realized Gold Prices Drive Strong Quarterly Free Cash Flow; Dividend Increased by 75%; Ongoing Exploration Success Reported at Existing Operations and Pipeline Projects
- PR Newswire - Wed Oct 28, 4:00PM CDT
PR Newswire - PRNW
Wed Oct 28, 4:00PM CDT
Stock Symbol: AEM (NYSE and TSX)
Mining Brief: Gold Demand Much Higher In Light of Economic and Pandemic Crisis
- PR Newswire - PRF - Wed Oct 21, 7:45AM CDT
PR Newswire - PRF - CMTX
Wed Oct 21, 7:45AM CDT
, /PRNewswire/ -- Over the last decade, global demand for gold has increased constantly. Worldwide gold demand amounted to 4,356 metric tons in 2019. Demand has been noticeably higher since the Financial Crisis. Many investors look to gold in periods of market turmoil because they believe that it holds value through recessions better than other assets. The supply of gold depends largely on mine production. Production, in turn, depends on two factors. The countries with higher reserves of gold work harder to extract their gold when the price of gold increases, following standard theory that quantity supplied increases with price. Similarly, the expectation of higher prices in the future prompts speculators to explore for new reserves. As they discover new lodes, the supply of gold increases. Investments in gold always reach higher highs during times of crisis. Gold is subject to cyclical volatility in its rate of return, and many investors speculate on its value. However, for historic reasons many view it as a symbol of price stability. After World War II, the Bretton Woods system tied the price of all major currencies to the price of gold until the 1970s. This legacy means that most countries still maintain large gold reserves. While this can drive gold demand, it also reduces the supply of gold in circulation by locking huge amounts of gold in central bank vaults. More than half of the global gold supply comes from mined gold.    Active stocks in the mining markets this week include (TSX-V: KES) (OTCPK: KSSRF), (TSX: NGD) (NYSE: NGD),  (NYSE: AEM) (TSX: AEM), (TSX: BTO) (NYSE: BTG), (TSX:YRI) (NYSE:AUY). 
Agnico Eagle Announces Investment in Maple Gold Mines Ltd.
- CNW Group - Thu Oct 8, 6:45AM CDT
CNW Group - CMTX
Thu Oct 8, 6:45AM CDT
Agnico Eagle Announces Investment in Maple Gold Mines Ltd.
Agnico Eagle Announces Investment in Maple Gold Mines Ltd.
- PR Newswire - Thu Oct 8, 6:45AM CDT
PR Newswire - PRNW
Thu Oct 8, 6:45AM CDT
( All amounts expressed in Canadian dollars unless otherwise noted)
Agnico Eagle Announces Exploration Joint Venture in Colombia with Newmont Corporation
- PR Newswire - Tue Sep 29, 4:30PM CDT
PR Newswire - PRNW
Tue Sep 29, 4:30PM CDT
TORONTO , Sept. 29, 2020 /PRNewswire/ - Agnico Eagle Mines Limited (NYSE: AEM, TSX: AEM) ("Agnico Eagle") announced today that it has formed an Exploration Joint Venture (the "Joint Venture") in Colombia with Newmont Corporation (NYSE: NEM, TSX: NGT) ("Newmont").  The 50-50 Joint Venture, which will be operated by Agnico Eagle, will explore the Anza project and seek other prospective gold targets of district-scale potential in Colombia .
Agnico Eagle Provides Notice of Release of Third Quarter 2020 Results and Conference Call
- PR Newswire - PRF - Mon Sep 28, 4:00PM CDT
PR Newswire - PRF - CMTX
Mon Sep 28, 4:00PM CDT
, /PRNewswire/ -  ("Agnico Eagle" or the "Company") today announced that it will release its third quarter 2020 results on , after normal trading hours.
Agnico Eagle Provides Notice of Release of Third Quarter 2020 Results and Conference Call
- PR Newswire - Mon Sep 28, 4:00PM CDT
PR Newswire - PRNW
Mon Sep 28, 4:00PM CDT
Stock Symbol: AEM (NYSE and TSX)
Record Gold Prices Shine Spotlight on Gold Miners in Canada's Prolific Gold Regions
- MENAFN - Sat Aug 8, 2:05AM CDT
MENAFN - CMTX
Sat Aug 8, 2:05AM CDT
Record Gold Prices Shine Spotlight on Gold Miners in Canada's Prolific Gold Regions
- PR Newswire - PRF - Fri Aug 7, 7:45AM CDT
PR Newswire - PRF - CMTX
Fri Aug 7, 7:45AM CDT
, /PRNewswire/ -- Gold prices have continued to hit all-time record highs, with December gold reaching an astounding on Tuesday as traders assessed the weakening dollar, continued monetary stimulus and of course, the ongoing pandemic. The gold frenzy is helping boost profitability for major gold producers and is starting to benefit mid-tier and junior gold exploration companies, particularly those in prolific gold regions across . While some mining regions faced pandemic-related setbacks, miners in continued with operations. Gold producer (TSX:YRI) (NYSE:AUY), which owns one of largest gold mines with (TSX:AEM) (NYSE:AEM), just exceeded production expectations and its annual dividend by 12%. . (TSX:CG) also its quarterly dividend by 25% after reporting record Q2 net earnings of . Meanwhile, (TSX:PVG) (NYSE:PVG) has continued to have steady production at its Brucejack Mine in and remains on track to meet 2020 production guidance. Then, there is gold exploration company (TSXV:POR) and its two very promising projects in one of largest and highest-grade gold producing districts.
Gold on Track For Highest Levels in 7 Years
- PR Newswire - PRF - Wed Jun 24, 7:30AM CDT
PR Newswire - PRF - CMTX
Wed Jun 24, 7:30AM CDT
, /PRNewswire/ -- Gold typically performs well during flights from risk assets, and has seen upside momentum as a result of global concern over the potential economic fallout from the new coronavirus. Having recently surpassed the key mark, gold prices are flirting with a seven-year high as investors continue to shore up their positions amid the world health crisis outbreak. It recently hit its highest settle since , when gold settled at /oz. and the recent surge should continue despite positive momentum seen in global stock markets. In a on CNBC.com , portfolio manager at -based Shaw and Partners, attributed the gold rally to strategic portfolio hedging rather than a direct response to the virus.  "While interest rates are low, you need to own stocks so you need to go out there and invest your money, but you also need to have a hedge, an alternative if things don't go so well, and I think that is why gold is benefiting as a consequence of that," he told CNBC's "Capital Connection".   Active stocks mentioned in today's commentary include(TSX-V: RMI) (OTCQB: RIGMF), (OTCQB: GRSLF) (TSX-V: GRSL), (NYSE: AEM) (TSX:AEM), (NYSE: GFI), (NYSE: BTG) (TSX: BTO).

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