Tag "3"

Wednesday, May 27: Today in Gold and Silver

NEW YORK (TheStreet) — The gold price chopped quietly lower in Far East trading on their Tuesday—and the HFT boyz and their algorithms/spoofing showed up around 2:15 p.m. Hong Kong time.  Once they were done, the price drifted quietly lower until the London morning gold fix was done at 10:30 a.m. BST.  It rallied a hair into the COMEX open, but JPMorgan et al were laying in wait once again—and

Westwood mine production continues uninterrupted following a localized fall of ground

[PR Newswire] – Gold production in the mill was not interrupted as Westwood has sufficient stockpiles and has advanced underground development to the extent that it has many operating underground stopes from which to mine. Mining in the affected area has been suspended until the situation analysis is completed, as worker safety remains the priority. Based on an initial assesment of this event, annual production and cost guidance for Westwood