Thursday, 8 January 2015

Gold Stock News Alert - Allied Nevada Gold Corp. (ANV), Golden Star Resources, Ltd. (GSS), Newmont Mining Corporation (NEM), Gold Resource Corp (GORO)



Gold fell on Thursday as the dollar rose to a 9-year high versus the euro and stock markets climbed more than 2 percent, with minutes from the Federal Reserve's last meeting and steadier oil prices soothing risk aversion.

Spot gold was down 0.4 percent at $1,205.60 an ounce at 1235 GMT, while U.S. gold futures for February delivery were down $4.80 an ounce at $1,205.90.
European shares rose 2.1 percent after minutes from the Federal Reserve's latest policy meeting on Wednesday reassured markets that it was in no hurry to raise interest rates.
Analysts said the minutes held few surprises, with the Fed signalling it would press ahead with plans to begin raising interest rates later this year, but would be "patient" in deciding when the move would come.

A steadier tone to oil prices after recent sharp losses also soothed investors' nerves, helping lift U.S. and European government bond yields off recent lows.{1}



Allied Nevada Gold Corp. (NYSEMKT:ANV), declined -0.31%, and close after touching the figure $0.990, after the news that it has closed the formerly affirmed public offering of shares of ordinary stock and warrants, and assigned 21,750,000 shares and 10,875,000 warrants for gross proceeds of US$21,750,000. Relating to the purchase, investors received one share of our ordinary stock and one half warrant to purchase our ordinary stock for a price of US$1.00.

Golden Star Resources, Ltd. (NYSE:GSS), closed at $0.25, showing the increase of 6.52%, after the company declared that it has filed a technical report, prepared suitable to National Instrument 43-101, regarding a Preliminary Economic Assessment on the development of non-mechanized maneuver at its Prestea mine in Ghana.  This technical report can be accessed under the Company's profile at www.sedar.com and on the Company's website at www.gsr.com. 

Newmont Mining Corporation (NYSE:NEM) dipped 0.89%, and closed at $20.09. It's intraday range was $19.74 - 20.52, and market capitalization was $10.02B. It's average volume is valued $9,689,240, as compared to the current volume of $8,172,339. Newmont Mining Corporation (NYSE:NEM) together with its subsidiaries, acquires, explores for, and produces gold, copper, and silver deposits. The company's assets or operations are placed in the United States, Australia, Peru, Indonesia, Ghana, New Zealand, Mexico, and Suriname. As of December 31, 2013, it had proven and probable gold reserves of approximately 88.4 million ounces and an aggregate land position of approximately 24,000 square miles. The company was founded in 1916 and is headquartered in Greenwood Village, Colorado.

Gold Resource Corp (NYSE:GORO), closed at $3.43, and showed the decrease of 7.53%, soon the company confirmed its monthly instituted dividend of $0.01 per ordinary share for December 2014 allocated on January 23, 2015 to shareholders of record as of January 12, 2015. Gold Resource Corporation is a gold and silver producer with actions in the southern state of Oaxaca, Mexico.

source {1}:http://www.reuters.com/article/2015/01/08/markets-precious-idUSL3N0UN30520150108

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