Barrick Gold, Goldcorp Selling Nevada Mine; Japanese Silver Down 2.5%

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Mine for sale! “Barrick Gold  and Goldcorp, the world’s largest producers of the precious metal, have hired Bank of Montreal to sell their jointly owned Marigold mine in Nevada, US, Bloomberg reports,” (Mining.com).

“Marigold, majority owned by Vancouver-based Goldcorp (67%), is considered one of the largest gold mines in the US and the world. However, as bullion prices tumbled this year and the mine owners face complex scenario, selling assets has become a common practice.”

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Japanese silver saw a 2.5 percent drop on Thursday, November 14, making it the biggest mover of the day. The price of Chinese silver is back up, rising by 0.2 percent on Thursday to close. The price of Indian silver held steady. US silver held its value yesterday.

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Following a 1.0 percent rise yesterday, the price of Chinese gold bullion closed. The price of Japanese gold bullion fell 0.6 percent. The price of Indian gold bullion remained essentially flat. The price of US gold bullion remained steady.

The price of Chinese platinum bar increased 0.7 percent. The price of Japanese platinum bar declined 0.4 percent. US platinum bar held its value on Thursday.

Following a quiet couple of days, the price of Japanese palladium bar fell 1.0 percent on Thursday. Chinese palladium bar finished the day down 0.6 percent. The price of US palladium bar showed little movement on Thursday.