AngloGold Ashanti Limited (ADR) (NYSE:AU) would make “significant” changes to its Obuasi mine in Ghana that might include job cuts, Chairman Tito Mboweni said. AngloGold Ashanti Limited (ADR) (NYSE:AU) stock opened at $13.38 in last session, and closed at $13.91, while the day range of stock is $13.38 – $ 14.03. The stock showed a positive weekly performance of 9.79%.
Mexican authorities have given McEwen Mining Inc (NYSE:MUX) the all clear to proceed with construction of the El Gallo 2 precious metals mine. McEwen Mining Inc (NYSE:MUX) stock opened at $2.55, in last session and closed at $2.63, by gaining 5.20%. The 52 week range of the stock is $1.63 – $3.76. Company’s market capitalization is $869.72 million.
Agnico Eagle Mines Ltd (USA) (NYSE:AEM) was rising 6.5% to $30.48 on Thursday after Sterne Agee upgraded shares to “buy” from “neutral,” and raised the target price to $38. The firm cited “solid corporate actions, mine maturity, and production growth” that “should allow for return and cash generation upside” as the reasons for the upgrade. Agnico Eagle Mines Ltd (USA) (NYSE:AEM) stock advanced 7.14% and finished the last session at $30.61. The EPS of the stock remained 0.75. Company’s market capitalization is $5.32 billion.
Uranerz Energy Corp (NYSEMKT:URZ) is an exploration stage company, that engages in the acquisition, exploitation, and development of uranium and mineral resources in the United States. The company was formerly known as Carleton Ventures Corp. Uranerz Energy Corp. (NYSEMKT:URZ) stock opened the session at $1.57, and closed the session at $1.68. The 52 week range of the stock remained $0.80 – $1.71 and the day range was $1.57 – $1.71.