Eldorado Gold Corp
Latest Eldorado Gold Corp News and Updates
Gold Touched Its Lowest Levels in the Last Six Years on Wednesday
Gold futures trading on COMEX, the commodity division of the New York Mercantile Exchange, fell 0.91% on December 2, 2015. Also, platinum fell 0.36%.
Why Growth in Gold Production Is Important for Gold Miners
Future gold production growth is important because the gold market is forward-looking, making future gold production a key driver of gold miners’ revenue.
Assessing the Importance of Gold Reserves for Future Growth
Gold reserve growth is a key revenue driver for miners. It’s thus important for gold miners to continue replacing every ounce of gold they produce and sell.
Analyzing the EV-to-Reserves Ratio for Tracking Miners
The EV-to-reserves ratio is good for the mining industry. “Enterprise value” reflects the company’s total value. “Reserves” refers to geologic reserves that the business owns.
US Employment Report: Will It Keep the Hopes of a Rate Hike Going?
Since the current set of data were better than the market expectations, the market’s hopes for a September rate hike are still on.
Russia on Gold Buying Spree, El Salvador Surprises with Sell-Off
After a break of two months, Russia resumed its gold buying spree in March, buying close to 30 tons of gold. Since 2005, Russia’s gold reserves have nearly tripled.
