22:41:39 EST Fri 04 Dec 2020
Enter Symbol
or Name
USA
CA



Login ID:
Password:
Save

Gold Summary for Oct. 27, 2020

2020-10-27 18:53 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 rose $5.30 to $1,907.60 on Tuesday. The TSX-V added 6.82 points to 708.10 while the TSX gold index added 4.88 points to 355.38. Barrick Gold Corp. (ABX) was among the gainers today. It added 53 cents to $35.66 on 4.42 million shares on word that it expects to achieve 2020 production guidance at its Loulo-Gounkoto operation in Mali "in the face of multiple challenges" -- not the least of which is the military coup that occurred in August. (Coups d'etat are an unofficial national pastime in Mali: There have been three in the past half century, including one in 2012.)

Darin Labrenz's Pure Gold Mining Inc. (PGM) jumped 23 cents to $2.53 on 3.11 million shares on word that it has intersected a bonanza-grade interval during underground drilling at its Pure Gold mine -- formerly called Madsen -- near Red Lake in Northwestern Ontario. The hit, 296.1 grams of gold across 4.9 metres, was aided by a 1.2-metre interval that returned 1,147.1 grams per tonne. There were other noteworthy results, including 40 grams per tonne over 2.2 metres and 18.7 grams per tonne over 2.8 metres.

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

© 2020 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.