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Q3 2014 Gold Demand Lowest in Nearly Five Years

Bloomberg reported that during the third quarter of 2014, gold demand fell to its lowest level in almost five years.
 

Scorpio Gold Increases Revenue, Posts Earnings of $275,000

Scorpio Gold (TSXV:SGN) released its third quarter results on Thursday, showing increased revenue and net earnings of $275,000. Revenue jumped to $14.8 million - $4 million more than the previous year - on the back of gold ounces being sold.
 

NZD/USD Slow Grind Higher Endures With Reversal Signals Lacking

NZD/USD continues to demonstrate resilience and has left a decent weekend gap in its wake. Such spaces are generally quickly retraced. View full post on DailyFX – Technical Analysis
 

Bowers: Curious, but True!

by Q. David Bowers – Stack’s Bowers   • Jefferson nickels should actually be called Jefferson coppers, as they contain much more copper (75%) than nickel (25%). • Did the colony of Maryland have its own mint circa 1660? There are some authorizations for and mentions of such, but so far as is known, all Maryland coins were […]

The post Bowers: Curious, but True! appeared first on CoinWeek.

 

Iamgold to Cut Management Team by 40 Percent

On Monday, Iamgold Corp (TSX:IMG) announced that three of its senior vice-presidents will be leaving the company, according to Reuters. The change represents a 40 percent decrease in Iamgold's executive team, and the company is taking other cost cutting measures in an effort to reduce costs.