06:59:32 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Gold Summary for July 29, 2016

2016-07-29 19:42 ET - Market Summary

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

by Stockwatch Business Reporter

New York spot gold jumped $15.80 to $1,350.40 on Friday. The TSX Venture Exchange gained 11.22 points to 796.17 while the TSX Gold Index rose 4.13 points to 273.88. Most Canadian gold miners followed bullion higher. Agnico Eagle Mines Ltd. (AEM) was strong yet again. It added another $1.45 to $75.98 on 1.17 million shares, hitting a six-year high. Yamana Gold Inc. (YRI) led the few losers. It slid 23 cents to $7.47 on 9.16 million shares.

Luca Bechis and Dr. Quinton Hennigh's Novo Resources Corp. (NVO), up four cents to 89 cents on 106,000 shares, has begun bulk sampling at its Beatons Creek gold project in Western Australia. The work is needed to provide more data for the company's planned preliminary economic assessment. Dr. Hennigh, president and chief executive officer, says he believes the bulk sample can be completed faster and at a lower cost than originally planned. The work had been expected to take up to six weeks to complete.

The remainder is available to Stockwatch subscribers.
Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS

© 2024 Canjex Publishing Ltd. All rights reserved.


Reader Comments - Comments are open to paying subscribers of Stockwatch and unmoderated, although libelous remarks, obscene language and impersonations may be deleted. Opinions expressed do not necessarily reflect the views of Stockwatch.
For information regarding Canadian libel law, please view the University of Ottawa's FAQ regarding Defamation and SLAPPs.


Comments for this item are closed