Wheaton Precious Metals Corp. posted its quarterly earnings that fell short of Zacks Consensus expectations. The precious metals streaming company’s adjusted earnings came in at $0.29 per share for the quarter ended December, compared to the Zacks Consensus Estimate of $0.30 per share. The figure was $0.33 per share a year ago. Over the last four quarters, the company has not been able to...

Silvercorp Metals Inc. posted production and sales figures for the quarter ended June, 2021.

The company produced approximately 1.5 million ounces of silver, 1,000 ounces of gold, 15.9 million pounds of lead, and 7.2 million pounds of zinc.When the contracts were renewed for an additional two year term in mid May 2021, it took some time for the contractors to boost the operations back up to full capacity.

Nevertheless, Silvercorp.

All three of these metals are largely used in jewelry, art and coinage along with having some industrial uses as well. To be honest, I hadn’t noticed silver’s big rally until I looked at Tickeron screener’s group trend this morning.When I clicked on the top performers for the past week, silver stocks were the top performing group with a gain of 13.9%. I proceeded to click on the group to look at the different indicators for the 12 stocks in the group.

Gold started moving higher last September as investors sought some safety as global equity markets started falling.It pulled back again last week but it looks like it is ready to rally again. The VanEck Vectors Junior Gold Miners ETF (NYSE: GDXJ) is highly correlated to the price of gold and it also rallied in the fourth quarter and through the February 20 high.

Newmont Mining Corp. rejected Barrick Gold Corp.’s $17.8 billion unsolicited takeover bid, a deal that would’ve created the world’s largest gold producer.READ MORE...

Newmont Mining Corp.’s fourth quarter earnings edged past analysts’ expectations, on the back of strong gold and copper output coupled with operational cost reduction. The mining company raked-in earnings of 40 cents a share in the quarter, compared to analysts’ expected 25 cents (based on a FactSet survey).Adjusted total earnings of $214 million was higher than the year-ago quarter’s $206 million. Newmont’s revenue increased to $2.05 billion from the year-ago quarter’s $1.94 billion, with attributable gold production rising +8% year-over-year in the quarter. For the full year 2018, Newmont’s adjusted earnings came in at $718 million (or $1.35 a share), lower than 2017’s $774 million (or $1.45 a share).

Newmont Mining Corp.’s fourth quarter earnings edged past analysts’ expectation, on the back of strong gold and copper output coupled with operational cost reduction. The mining company raked in earnings of 40 cents a share in the quarter, compared to analysts’ expected 25 cents (based on FactSet survey).Adjusted total earnings of $214 million was higher than the year-ago quarter’s $206 million. Newport’s revenue increased to $2.05 billion from the year-ago quarter’s $1.94 billion, with attributable gold production rising +8% year-over-year in the quarter. For the full year 2018, Newmont’s adjusted earnings came in at $718 million (or $1.35 a share), lower than 2017’s $774 million (or $1.45 a share).

 Newmont Mining Corp is buying smaller rival Goldcorp Inc. for $10 billion.It will have mines in the Americas, Australia and Ghana. Hoping to produce 6-7 million ounces of gold annually over the next 10 years and beyond, the new company - to be called Newmont Goldcorp – could edge past current leader Barrick Gold in annual production of the yellow metal. Newmont will also sell $1 billion to $1.5 billion worth of assets over the next two years as part of the deal. According to Newmont, the acquisition deal is estimated to generate up to $100 million in savings.