Gold price extends loss as Fed cuts rates, signals less easing
New forecasts showed several officials penciled in fewer rate cuts for next year than estimated.
Canada’s Aurizon Mines reported a 37 percent drop in quarterly profit, hurt mainly by higher exploration expenses.
The mid-tier gold miner reported net income of C$6.2 million($6.3 million), or 4 Canadian cents a share, compared with net income of C$9.9 million, or 6 Canadian cents a share, last year.
