NEW YORK, January 16, 2015 /PRNewswire/ --
Moments ago, Analysts Review released new research updates concerning several important developing situations including Asanko (NYSEMKT: AKG), Atlatsa (NYSEMKT: ATL), Avalon (NYSEMKT: AVL), Avino (NYSEMKT: ASM), and B2Gold (NYSEMKT: BTG). Analysts Review provides a single unified platform for investors' to hear about what matters - proudly employing registered CFA® research staff and rigorous compliance procedures. The full research reports are being made available to the public for informational purposes only.
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Today's update concerns the following companies:
Full PDF Download Links (you may have to copy and paste the following links into your browser):
AKG Research Report: ( http://get.analystsreview.com/pdf/?c=Asanko&d=16-Jan-2015&s=AKG ),
ATL Research Report: ( http://get.analystsreview.com/pdf/?c=Atlatsa&d=16-Jan-2015&s=ATL ),
AVL Research Report: ( http://get.analystsreview.com/pdf/?c=Avalon&d=16-Jan-2015&s=AVL ),
ASM Research Report: ( http://get.analystsreview.com/pdf/?c=Avino&d=16-Jan-2015&s=ASM ),
BTG Research Report: ( http://get.analystsreview.com/pdf/?c=B2Gold&d=16-Jan-2015&s=BTG ).
Analyst Update: Project Updates,Quarterly Performance Review, Comments on Regulatory Changes, and Appointments
Reviewed by: Rohit Tuli, CFA®
The U.S. stocks fell for the fifth session in a row on Thursday, led by decline in the financial sector stocks following disappointing earnings from major Wall Street banks and continued concerns over the global economic growth. The Swiss equity markets tumbled after the Swiss central bank scrapped its three-year old ceiling on franc. The move drove franc soaring against euro on Thursday, leaving investors fretted over its potential negative impact on exports of Switzerland. The Dow Jones Industrial Average ended the session 0.61% lower at 17,320.71, the S&P 500 lost 0.92% to close at 1,992.67, and the Nasdaq Composite dropped 1.48% to 4,570.82. Meanwhile, the European markets rallied on Thursday after Swiss central bank lifted the cap on franc. The Swiss central bank's action is seen as an indication of a higher magnitude of the upcoming stimulus programme from the European Central Bank to counter deflation. Most Asian markets were higher on Thursday, led by a sharp rally in the Indian benchmark indices following a policy rate cut.
Asanko Gold Inc. (Asanko) announced that it has awarded the mining contract for the fully funded and permitted Phase 1 of the Asanko Gold Mine (AGM) in Ghana. The first phase of the project is expected to produce 200,000 ounces of gold per annum at steady state commencing in Q2 2016, with the first gold pour planned during Q1 2016.
Atlatsa Resources Corporation (Atlatsa) achieved a record quarterly performance in Q3 2014, driven by the increased tonnes milled and platinum group metals (PGM) ounces produced. The Company narrowed its net loss attributable to shareholders to $0.5 million in Q3 2014 from $12.9 million in the year ago period.
Avalon Rare Metals, Inc. (Avalon), in its Industry Bulletin, said that China's move to scrap the quota system would create uncertainty for buyers outside. As per industry analysts, this move would enable China to maintain its control over rare earth supply chains.
Avino Silver & Gold Mines Ltd (Avino) announced the appointment of Ross Glanville to the Board of Directors. Andrew Kaplan is stepping off the Board and will take on a more active day to day role as the Company's capital market strategist.
B2Gold Corp. (B2Gold) said that its Masbate Gold Project operations remain on track to deliver to the updated guidance for 2014 of approximately 180,000 ounces of gold.
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Editor Note: This is not company news. We are an independent source and our views do not reflect the companies mentioned.
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