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Gold stocks get a boost after biggest miners outline ambitious outlooks

Canadian gold miners will double down on initiatives to show they can deliver bottom-line growth regardless of the price of gold.

Gold stocks got a boost Thursday as Barrick Gold Corp., Goldcorp Inc., Agnico Eagle Mines and Kinross Gold discussed exploration and development plans that were more ambitious than in recent years amid languishing gold prices. 936 more words


Canadian gold miner Goldcorp Inc profit beats market forecast due to lower costs and higher gold prices

Goldcorp Inc reported a higher-than-expected fourth-quarter profit on Wednesday compared to a steep loss a year ago, as much lower costs at its gold mines in the Americas and a higher gold price offset lower production. 225 more words


Inflation, U.S. dollar bode well for gold prices

The steep rise in the U.S. five-year breakeven rate to nearly two per cent is a clear signal that inflation expectations are on the rise, and TD Securities says that bodes well for gold prices. 166 more words

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TSX falls as energy stocks slip and Cameco drops by 12%, meanwhile Wall Street waits on Trump

TORONTO — Canada’s main stock index fell on Wednesday as energy stocks weighed with a fall in oil prices and as uranium producer Cameco Corp plunged on a negative outlook. 501 more words


TSX tips slightly to negative as resource stock gains offset by banks and railways

TORONTO — Canada’s main stock index was marginally lower on Tuesday as financial and railway stocks weighed, while shares in energy companies and gold miners rose on higher commodity prices. 361 more words


'Better to have two heads': Goldcorp Inc CEO says miners should partner on next big gold deposit

VANCOUVER — The world’s biggest gold miners should partner to share the financial and other risks of developing large gold deposits, the chief executive of Goldcorp Inc., the world’s third biggest gold miner by market value, said on Tuesday. 230 more words


Goldcorp is top large-cap pick for 2017: Desjardins

Goldcorp Inc. is Desjardins Capital Markets’ top large-cap pick for 2017.

Husky Energy Inc., convenience store giant Alimentation Couche-Tard Inc., Telus Corp. and Dollarama Inc. round out the list of five stocks with more than $5-billion in market capitalization that Desjardins expects to lead the pack this year, its analysts said in a note on Tuesday. 467 more words

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