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Can Kinross’s Organic Growth Projects Drive Production Growth?

Kinross Gold (KGC) also provided an update on its organic development projects along with the 4Q17 and 2017 results. The company mentioned that the Bald Mountain Vantage Complex is proceeding on schedule. The commissioning of the proposed heap leach pad and processing facilities is expected to start in 1Q19. At Round Mountain Phase W, the stripping and initial construction commenced ahead of schedule in late 2017. (38-1)

Why Intermediate Gold Miners Have Underperformed Gold

Compared with senior gold miners, intermediate gold miners are smaller in terms of production and market capitalization. However, they are all generally liquid, unlike their junior counterparts (GDXJ). Intermediate miners’ geographical diversification is usually lower than that of senior gold miners. (61-1)

What Caused the Slump in Precious Metals and Miners?

Gold prices had a third straight day of decline on Thursday, February 7, 2018. Gold spot prices fell 0.4% to trade at $1,312.40 per ounce. It touched its lowest mark of $1,309.50 since January 10, 2018. Silver traded almost flat at $16.40, while platinum and palladium fell 0.2% and 0.3%, respectively. They traded at $977.50 and $981.60, respectively. All four precious metals have seen their prices fall over the past five trading days. (60-0)

Junior Gold Miners Primed For A Big Move

2018-02-09 seekingalpha
From the technical point of view, the VanEck Vectors Junior Gold Miners ETF (GDXJ) is primed for a big move. (58-1)

How Gold and Other Precious Metals Reacted to the Market Chaos

Precious metals witnessed a down day on February 6, 2018. Gold spot prices declined 1.1% and traded at $1,325.00 per ounce. Silver prices slumped 0.6% and traded at $16.60 per ounce. (22-0)

Will Gold Follow Equities?

The optimistic economic numbers not only led to a slump in equities on Friday and Monday, but they also helped gold recover from the low it touched on Friday. Gold fell about 1.2% on Friday due to the stronger economic numbers. (14-0)

Can the Divergence Between Gold Prices and Gold Miners Continue in 2018?

Gold prices (GLD) rose ~13% in 2017. On top of that, January 2018 saw a ~3% rise in prices. The strong start to the year was somehow expected for gold prices, given the historical seasonal factors. For more on these rallies, read Market Realist’s series Can Gold Repeat Its Rally in the New Year? (78-0)

Centerra Gold: Attractive Price For High Value

2018-02-03 seekingalpha
Diversified gold and copper mining company with a projected gold production of about 785,000 ounces in 2017 and low mining costs. (33-0)

Gold and Silver Price Movements as January 2018 Ends

Gold and silver spot prices witnessed an up day on January 26, 2018, increasing 0.16% and 0.67%, respectively. Gold futures for January expiration, however, dropped ~0.79% to end the day at $1,351.60 per ounce.  (47-0)

What the Technical Indicators of Mining Stocks Suggest

The beginning of 2018 has been remarkably good for precious metals and their mining shares. Let’s look at the precious metal mining companies’ technical indicators—implied volatility and the RSI (relative strength index). (21-0)

How Is Gold Playing amid the Market’s Uptrend?

The most critical factor that has affected the price movements in precious metals in the last quarter is the US dollar. The US dollar fell ~8.0% during 2017 and since the beginning of 2018, it has fallen another 3.0%. Year-to-date (or YTD), gold has risen 4.3%. Silver, platinum, and palladium rose 2.9%, 10.2%, and 2.5%, respectively. (44-0)

Something Seems To Be Brewing At Alexandria Minerals

2018-01-29 seekingalpha
Insiders have been buying this junior gold explorer in the last quarter of 2017, and the stock is already up 80% since. (30-0)

Gold’s Outlook for 2018

Based on the gold price strength following December rate increases in 2015 and 2016, we expect to see firmness in the gold price in the first quarter. However, headwinds may come for gold if economic growth enables the Fed to tighten more than expected. Also, the U.S. dollar might strengthen if the new tax code causes corporations to repatriate profits stockpiled overseas. We believe any weakness in gold during the first half of 2018 could be transitory. (57-0)

This Is How Analysts See Gold Prices Moving in 2018

While ICBC Standard Bank is concerned about gold correcting in the short term due to extremely long inventor positioning, it remains optimistic about its prospects overall in 2018. The bank believes that lower inflation should keep the Fed from raising rates aggressively, thereby supporting gold. It expects gold prices to average $1,312 per ounce in 2018. (67-0)