BUZZ-Gold and silver miners: Precious metal prices rise

Tue Jan 20, 2015 10:21am EST
 
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(Updates)

** U.S.-listed shares of gold and silver miners up as precious metal prices rise

** Gold price rose more than 1 pct on Tuesday as uncertainty about how extensive a stimulus program European Central Bank will announce on Thursday drove investors into less risky assets

** Spot gold rises as much as 1.4 pct to $1,294 an ounce as of 10.15 a.m. ET; silver rises 2.1 pct to $18.02 an ounce

** CIBC raises price targets on some gold and silver miners

** DRDGold Ltd up 13 pct at $2.64; Eldorado Gold Corp up 7 pct at $7.90; Sibanye Gold Ltd up 6.7 pct at $11.20; AngloGold Ashanti Ltd up 5.4 pct at $11.58

** Coeur Mining Inc up 6.2 pct at $6.30; Barrick Gold Corp up 5 pct at $12.34; Newmont Mining Corp up 4.1 pct at $23.21; Iamgold Corp up 4 pct at $3.19

** Endeavour Silver Corp up 10 pct at $2.98; First Majestic Silver Corp up 4.2 pct at $6.50; Hecla Mining Co up 2.6 pct at $3.16