Gold Prices Maintain Traction as Economies Begin Recovery
- FinancialBuzz.com News Commentary
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NEW YORK, May 14, 2021 /PRNewswire/ Gold prices breached the USD 1,800 mark earlier this month, for the first time since February. Despite the recovering economy and lower number of COVID-19 cases in the U.S., the government is still injecting liquidity into the financial system, as fiscal and monetary stimuli are being implemented. These measures, which are meant to help bring the economy back to pre-pandemic highs, have consequences, specifically the devaluation of the dollar and inflation. In a report by Kitco, Gary Wagner, editor of TheGoldForecast.com, explained that he believes that we will see a new all-time record high in gold. I m not optimistic as to believe it will happen, let s say, over the next four months. However, I think it s highly likely, based on certain parameters, that we do test $1,900 once again, and that could be over the
Golden Star: Q1 Earnings Snapshot
May 5, 2021
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TORONTO (AP) Golden Star Resources Ltd. (GSS) on Wednesday reported first-quarter net income of $9 million.
The Toronto-based company said it had net income of 6 cents per share. Earnings, adjusted for non-recurring gains, were 2 cents per share.
The gold mining company posted revenue of $65 million in the period.
In the final minutes of trading on Wednesday, the company s shares hit $3.58. A year ago, they were trading at $2.43.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GSS at https://www.zacks.com/ap/GSS
Golden Star Announces Results of Annual General Meeting of Shareholders newswire.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newswire.ca Daily Mail and Mail on Sunday newspapers.
Golden Star Resources Reports Results for the First Quarter 2021
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TORONTO, May 5, 2021 /PRNewswire/ -
Golden Star Resources Ltd. (NYSE American: GSS) (TSX: GSC) (GSE: GSR) ( Golden Star or the Company ) reports its financial and operational results for the first quarter ended March 31, 2021. All references herein to $ are to United States dollars.
Q1 2021 HIGHLIGHTS:
Figure 1 - WASSA UNDERGROUND DRILLING – Q1 2021 DRILLING AND FY 2021 PLANNED HOLES: (CNW Group/Golden Star Resources Ltd.)
Q1 2021 production totaled 40.1 thousand ounces ( koz ) from Wassa, in line with Q1 2020 and Q4 2020 performance. The All-In Sustaining Cost ( AISC ) for the period of $1,100 per ounce ( /oz ) was slightly higher than expected as sales lagged production by 3%.
Golden Star Publishes 2020 Corporate Responsibility Report with Enhanced Disclosures
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TORONTO, April 30, 2021 /PRNewswire/ -
Golden Star Resources Ltd. (NYSE American: GSS) (TSX: GSC) (GSE: GSR) ( Golden Star or the Company ) is pleased to announce that it has published its 2020 Corporate Responsibility Report. The report has been prepared in accordance with the Global Reporting Initiative Standards (Core option), the United Nations Global Compact reporting requirements and the Sustainability Accounting Standards Board s ( SASB ) Metals and Mining Sustainbility Accounting Standard. The report and an ESG investor presentation are available on the Company s website at: http://www.gsr.com/responsibility/default.aspx