-
IAMGOLD Reports Incident at Doyon Division
Wednesday, July 13, 2011 - 1:54pm | 51IAMGOLD Corporation (NYSE: IAG) reported an incident after 9 a.m. today involving the hoist at the Doyon Division in Rouyn-Noranda in the province of Quebec. The incident occurred during a routine maintenance exercise. There were no injuries and the damage is being assessed.
-
Yamana Gold Poised To Break Out
Wednesday, July 13, 2011 - 1:54pm | 146Shares of Yamana Gold (NYSE: AUY) are trading higher on the session by 2.65%, at $13.19. The stock has been rallying higher over the past fourteen trading days as Gold futures have rallied to new highs. Yamana Gold now looks poised to break above its 5-month high, at $13.40. The first indication...
-
Calls Purchased on US Gold
Wednesday, July 13, 2011 - 12:28pm | 109Shares of US Gold (NYSE: UXG) are higher on the session by 8.61%, currently trading at $6.56. The stock has been moving largely higher over the past six weeks and is currently trading above the 50-day moving average. Options traders are buying calls on the name today. A short while ago the...
-
Top Narrow Based Indexes For July 13
Wednesday, July 13, 2011 - 11:47am | 182By 12:44 pm, the Dow Jones Industrial Average was up 144.74 points, or 1.16%, to 12,591.62, while the broader Standard & Poor's 500 index had gained 15.72 points, or 1.20%. The NASDAQ composite index rose 38.64 points, or 1.39%. Some of the narrow based indexes that are driving the markets...
-
Goldcorp Supports Acquisition Of Primero Mining By Northgate Minerals
Wednesday, July 13, 2011 - 7:38am | 91Goldcorp (NYSE: GG) today agreed to support the proposed transaction by which Northgate Minerals (NYSE: NXG) will acquire all of the issued and outstanding shares of Primero Mining (TSX: P). Goldcorp controls 35.5% of the outstanding shares of Primero, and has agreed to vote its shares in support...
-
A Peek Into The Market Before The Trading Starts
Wednesday, July 13, 2011 - 7:07am | 376Pre-open movers US stock futures are higher this morning, after upbeat Chinese growth data. Futures on the Dow Jones Industrial Average surged 75 points to 12,488.00 and futures on the S&P 500 stock index rose 9.10 points to 1,319.80. Nasdaq 100 futures gained 17.50 points to 2,362.00. A...
-
Midway Reports Long Gold Intercepts at Spring Valley Project, Nevada
Wednesday, July 13, 2011 - 7:03am | 71Midway Gold Corp. (NYSE: MDW) announces results calculated from data provided by Barrick Gold Exploration Inc. (“Barrick”), who is earning into Midway's Spring Valley Project, Nevada. Highlights include metallic screen assays with gold intercepts of 166 meters of 1.48 grams per tonne (gpt) gold,...
-
Stocks to Watch for Wednesday 07/13/11: Fresh 52 Week Highs and Lows
Tuesday, July 12, 2011 - 7:24pm | 1637Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Tuesday's trading session (listed from highest total volume to lowest): 1) Adventrx Pharmaceuticals (NYSE: ANX...
-
Benzinga's Top ETF Gainers, July 12th (SOXS, NUGT, TVIX, SGG)
Tuesday, July 12, 2011 - 6:18pm | 160Direxion Daily Semiconductor Bear 3X Shares (NYSE: SOXS) gained 8.62% on Tuesday, and closed at $70.79. This was the third consecutive trading session that SOXS closed higher. Direxion Daily Gold Miners Bull 2X Shares (NYSE: NUGT) added 6.25% as Barrick Gold Corporation (USA) (NYSE: ABX) jumped 2...
-
QE3 07-12-2011
Tuesday, July 12, 2011 - 5:25pm | 859Cusick's Corner The Fed notes came out, and QE3 now looks to be on the table, which catalyzed that the market specifically getting the Euro, E7U11, over $1.40 and the Dollar, DXU11, pulled back to the 76 level. But that was short lived when Moody's downgraded Irish debt, bringing yields in the...
-
Calls Purchased on Gold Fields
Tuesday, July 12, 2011 - 9:26am | 132Shares of Gold Fields (NYSE: GFI) are higher on the session by 2.70%, currently trading at $14.85. The stock has been moving largely lower over the past three months and is currently trading below the 200-day moving average. Options traders are buying calls on the name today. A short while ago the...
-
Gold Stands Alone At The Moment
Monday, July 11, 2011 - 9:52am | 198The SPDR Gold Shares have been in rally mode since July 1, 2011 when it traded as low as $143.97 a share. Since that low pivot in the beginning of July, the GLD has rallied sharply higher by 5.0 percent. This morning, the GLD is trading higher by $1.34 to $151.59 a share. Short term traders can...
-
Market Update
Monday, July 11, 2011 - 8:44am | 149Shares of Northgate Minerals Corporation (NYSE: NXG) gained about 0.36% as the company appointed Mr. Richard J. Hall as President and Chief Executive Officer, effective July 11, 2011. Renault SA (OTC: RNSDF) reported a 1.9% rise in its worldwide vehicle sales in the first half from a year-ago...
-
Northgate Minerals Corporation Announces the Appointment of Richard Hall as President, CEO
Monday, July 11, 2011 - 7:53am | 32Northgate Minerals Corporation (NYSE: NXG) announces today the appointment of Mr. Richard J. Hall as President and Chief Executive Officer of Northgate, effective July 11, 2011.
-
Northgate Minerals Corporation Announces the Appointment of Richard Hall as President and CEO
Monday, July 11, 2011 - 7:37am | 32Northgate Minerals Corporation (NYSE: NXG) announces today the appointment of Mr. Richard J. Hall as President and Chief Executive Officer of Northgate, effective July 11, 2011.