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Sierra Metals Inc. (TSX:SMT) announced its production results for Q4 2015, commenting that it was able to increase copper equivalent production at its Bolivar mine. Meanwhile, it upped silver equivalent output at its Cusi mine. Restructuring at the Yauricocha mine resulted in lower production there for the period. Other Q4 highlights include: Total tonnes processed of 456,842; a 7% increase over Q4 2014 Silver equivalent production of 2.3 million ounces; a 23% decrease from Q4 2014 Copper equivalent production of 15.6 million pounds; a 23% decrease from Q4 2014 Mark Brennan, president and CEO of Sierra Metals, commented: While we [...]

Gold surged another 1.5% higher yesterday, and had its best closing level since mid-June as strong physical demand and concerns about the global economy, the banking sector and the risks of a new global financial crisis saw further gains. Gold jumped $34.70, or 3%, to $1,192.40 an ounce and registered its best single-session point and percentage gain since December 2014."Gold was like a beach ball that had been pushed too low in the water and is now bouncing higher with a vengeance," Mark O\'Byrne, research director at GoldCore, told MarketWatch:But prices have climbed by more than 12% higher in just [...]

Type B Reverse Washington Quarter....... By Dr. Richard S. Appel - UniqueRareCoins.com ...... Beginning in 1956 and continuing through 1964, the Philadelphia Mint produced a remarkable nine-coin series of major Washington Quarter varieties. They were unlike anything earlier coined in the history of the U.S. Mint. I stumbled upon my first example at a coin [...] The post The TYPE B Proof Reverse Washington Quarters of 1956-1964 An Unprecedented Variety Part 1 appeared first on CoinWeek.

By Laura Sperber - Legend Numismatics ....... 1) Goldbergs started off the parade of 4 auctions in 30 days. They had the amazing Reynolds Collection of early copper. This was a special sale because many of the coins not only were of great rarity and quality, but many had been off the market for decades. Several pieces had [...] The post Legend Rare Coin Market Report - Four Coin Auctions In Less Than 30 Days - OUCH? appeared first on CoinWeek.

By Laura Sperber - Legend Numismatics ....... 1) Goldbergs started off the parade of 4 auctions in 30 days. They had the amazing Reynolds Collection of early copper. This was a special sale because many of the coins not only were of great rarity and quality, but many had been off the market for decades. Several pieces had [...] The post Legend Market Report - FOUR AUCTIONS IN LESS THEN 30 DAYS-OUCH? appeared first on CoinWeek.

By CoinWeek News Staff.... In its fifth week of production, the United States Mint allocated another one million American Silver Eagles for distribution to Mint-authorized dealers, according to an announcement by Mint officials on Monday, February 8. Year-to-date allocations now total 8,045,500 one-ounce coins. Allocated ounces for the month of January totaled six million. The [...] The post 1 Million Silver Eagles Allocated by U.S. Mint for Week of Feb. 8 appeared first on CoinWeek.

Description: The Presidential Dollar Coin Act (Public Law 109-145) was passed into law on December 22, 2005. The Act compelled the Secretary of the Treasury to "mint coins in commemoration of each of the Nation\'s past Presidents and their spouses, respectively, to improve circulation of the $1 coin, [and] to create a new bullion [...] The post United States 2016 Richard M. Nixon $1 Coin appeared first on CoinWeek.

Bo Polny of Gold 2020 Forecast recently stopped by to chat with the Investing News Network about trends in gold and silver prices and what investors should be watching for going into 2016. Polny is known for his price predictions for gold, silver and other commodities. In early December, he called a bottom for gold and silver prices when gold was sitting at around $1,045 per ounce. Gold has been on the upswing since then. "We believe that\'s the final, final bottom for gold," he said. "Silver bottomed right around that time point as well. We believe from December, the [...]

Gold and silver surged over 5% last week as concerns about the U.S. and global economy saw more sharp stock market falls and reduced expectations of the Fed increasing interest rates.Gold finished the week at $1,173.40 an ounce and has built on those gains today rising another 0.4% to $1,178.10 an ounce - taking its year-to-date gain to 11 per cent.Stocks has another torrid week with the S&P 500 falling 3.1% and the Nasdaq down 5.4% while gold had its best week since July 2013.Technically, gold is looking better and better and the gains last week were the third consecutive [...]

The rare coin market has existed for hundreds, if not thousands, of years. It is constantly evolving as contemporary dealers and collectors buy and sell while reacting to external market forces, which often impacts us in ways we cannot control. The past 12 months have been challenging for many dealers who have generally reported lower volume across the board as collector (and dealer) demand softened and it\'s instructive to review these forces to learn about where we are headed in 2016. HOW DID WE GET HERE? Factors that have led us to the current market malaise include: Lower/unpredictable bullion prices: [...]