Will Recent Political Developments Spark A Gold Rally
PALM BEACH, Fla., /PRNewswire/ -- Recent financial market reports are all showing that, with gold, the past is the present… again. Gold has historically been a safe haven during times of uncertainty and the markets are once again turning to gold in the face of the current global world health crisis. Last week, gold prices surged above per ounce for the first time. An insider insights on gold, saying: "Gold prices could forge ahead to per ounce in the next three years, but factors such as the development of a coronavirus vaccine and the November U.S. elections could change the fortunes of the precious metal, analysts say. This year, gold prices have shot to record highs not seen since . Investors have been fleeing to "safe haven" assets as the pandemic shows no signs of abating. Last week, gold process surged above per ounce for the first time. "It's quite easy to see gold going to ," , CEO at investment firm U.S. Global Investors, told CNBC on Monday." Active companies in the industry making moves include: (NASDAQ: USAU), (NYSE: GOLD) (TSX: ABX), (NYSE:PVG) (TSX: PVG), (NYSE: GPL) (TSX: GPR), (NYSE: HL).
Record Gold Prices Shine Spotlight on Gold Miners in Canada's Prolific Gold Regions
, /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.
Pretium Resources Inc.: Annual General and Special Meeting Voting Results
Pretium Resources Inc. (TSX/NYSE:PVG) ("Pretivm" or the "Company") announces the voting results from its Annual General and Special Meeting of Shareholders held on May 2, 2019 (the "Meeting").
Pretivm Announces Succession Plan for Executive Chairman
VANCOUVER, British Columbia, May 02, 2019 (GLOBE NEWSWIRE) -- Pretium Resources Inc. (TSX/NYSE:PVG) ("Pretivm" or the "Company") today announced that Executive Chairman and founding shareholder, Robert Quartermain, will be retiring from the Company on December 31, 2019. Pretivm's Board of Directors has undertaken a succession plan to ensure a smooth transition and will elect a new Chair prior to year-end. It has also initiated a search process to identify a new director.
Pretivm Reports First Quarter 2019 Operating and Financial Results
Brucejack Generates $40 Million in Cash, Reduces Debt by $20 Million and Re-affirms 2019 Guidance
How To Play The Looming Gold Rally
The global economy is throwing up red flags on all sides just as Goldman Sachs is saying that 'peak gold' may be less than two decades away. At the same time, over-valued and over-hyped tech stocks are beginning to lose favor among investors who are looking for safe haven assets. Mentioned in today's commentary includes: Pretium Resources (NYSE:PVG) (TSX: PVG), Alamos Gold Inc. (NYSE:AGI) (TSX: AGI), Osisko Gold Royalties Ltd. (NYSE:OR) (TSX: OR), IAMGOLD (NYSE:IAG), Kinross Gold Corporation (NYSE:KGC).
Pretium Resources Inc: Continued Robust Economics of Brucejack Mine Confirmed with Updated Mineral Reserve and Resource, 14-Year Mine Plan
Pretium Resources Inc. (TSX/NYSE:PVG) ("Pretivm" or the "Company") announces an updated Mineral Reserve (the "2019 Mineral Reserve") and Mineral Resource (the "2019 Mineral Resource") and Life of Mine Plan (collectively, the "2019 Updates") for the Brucejack Mine ("Brucejack"), which highlight the continued robust economics of the low-cost, long-life operation.
Independent Counsel Concludes Pretivm-Initiated Investigation
VANCOUVER, British Columbia, March 21, 2019 (GLOBE NEWSWIRE) -- Pretium Resources Inc. (TSX/NYSE:PVG) ("Pretivm" or the "Company") reports that independent legal counsel and a consultant retained to investigate recent trading in its shares have reached two clear, main conclusions. First, the investigation found no evidence of an information leak by the Company. Second, there is evidence of instances of market manipulation in trading of Pretivm shares by an outside party or parties. The findings of the investigation, summarized below, have been turned over to the US and Canadian securities regulators for possible further action relating to the evidence of market manipulation.