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Recapping The Volatile Week For Gold, GDX, Silver, the USD and US Markets

Cory
October 12, 2018
Comments (7)

With the crazy week in the markets now coming to an end Doc an I look at the charts to see what has changed. We discuss everything from metals to the USD to markets.

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GDX gold Silver US dollar US Equity Markets
Discussion
7 Comments
    Ozibatla
    Oct 12, 2018 12:55 PM

    Not a bad finish to the week for the metals, although it couldve been better with a gold close above $1225.

    Ozibatla
    Oct 12, 2018 12:12 PM

    As we approach years end, the uptrend for gold since its December 2015 low comes in around 1280 at the end of 2018. I wonder how important for golds health this figure is?

    Excelsior
    Oct 13, 2018 13:32 AM

    (JAG) (JAGGF) Jaguar Mining Reports Q3 2018 Operating Performance; Pilar Mine Continues to Deliver Record Results

    by @newswire on October 10, 2018

    > Q3 2018 Key Highlights

    Gold production of 20,320 ounces (175,566 tonnes milled), record production at Pilar Gold Mine (“Pilar”)

    Consolidated average feed grade of 4.01 g/t, up 16% year-over-year

    Pilar record production of 11,068 ounces, up 13%; higher average grade of 4.40 g/t, up 14%, year-over-year

    Turmalina Gold Mine (“Turmalina”) initiated an action plan to return to historical production levels

    Turmalina production of 9,251 ounces declined 4% year-over-year, up 18.2% over Q2 2018

    Average grade at Turmalina increased to 3.62 g/t, up 14% year-over-year

    Primary development increased 43% at Turmalina (780m) and 28% at Pilar (656m) improving mining flexibility

    Preliminary consolidated cash operating costs improved 22% to $630 per ounce sold year-over-year and 12% from Q2 2018

    Pilar achieves record low cash costs $560 per ounce sold, decreased 30%, driving higher margin per ounce and operating cash flow

    Preliminary cash balance of $6.6 million at September 30, 2018, reflects approximately $6 million in operating cash flow, $7.2 million invested in growth activities and $1.3 million paid in financing activities

    https://ceo.ca/@newswire/jaguar-mining-reports-q3-2018-operating-performance-f8849