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N.American precious miners to report Q3 fall

North American precious metals producers are expected to post an average earnings decline of 29% quarter-on-quarter when third-quarter results are released from the week starting 24 October, led by lower metals prices, analysis by RBC Capital Markets indicates.

N.American precious miners to report Q3 fall N.American precious miners to report Q3 fall N.American precious miners to report Q3 fall N.American precious miners to report Q3 fall N.American precious miners to report Q3 fall

N.America precious miners seen posting lower earnings

The decline reflects an 8% fall in gold prices to an average of US$1,730 an ounce and a larger decline in by-product metals, including a 15% fall in silver prices and 19% in copper.