Kitco News
Bitcoin Plunges Nearly 13% As Facebook’s Crypto Plans Worry U.S. Senators
Wed, 17 Jul 2019 01:47:54 GMT
(Kitco News) - The popular digital currency bitcoin has dropped nearly 13% on Tuesday as U.S. lawmakers questioned Facebook over its future crypto plans, intensifying scrutiny over digital coins.

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Gold Bulls 'Have Very Little Reason To Worry' — ThinkMarkets
Tue, 16 Jul 2019 22:39:53 GMT
(Kitco News) - Despite some normal fluctuations in gold prices this week, bulls "have very little reason to worry," as long as the metal continues to trend upwards, said online brokerage company ThinkMarkets.

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World’s Biggest Gold Coin Makes History In New York
Tue, 16 Jul 2019 19:47:12 GMT
(Kitco News) - World’s Biggest Gold Coin Makes History In New York

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Silver Is Back: Prices May See Bullish Trend Soon
Tue, 16 Jul 2019 21:59:43 GMT
(Kitco News) - Silver Is Back: Prices May See Bullish Trend Soon

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Don't Ignore Platinum Even As Palladium Remains Hot - CPM Group
Tue, 16 Jul 2019 18:54:46 GMT
(Kitco News) - Palladium is expected to remain the hot investment this year, but investors should keep an eye on platinum’s long-term potential according to one research firm.

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Kirkland Lake Gold 2Q Production Boosted By Record Fosterville Output
Wed, 10 Jul 2019 13:23:20 GMT
(Kitco News) - Kirkland Lake Gold Ltd. (TSX: KL; NYSE: KL) Wednesday announced that second-quarter production

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Eldorado: 2Q Gold Output Dips But On Track to Meet Guidance
Wed, 10 Jul 2019 12:17:28 GMT
(Kitco News) -

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Argentinian Lithium Carbonate Plant Is Online
Fri, 05 Jul 2019 19:15:37 GMT
(Kitco News) - Argosy Minerals said today that it achieved carbonate production at its industrial-scale pilot plant.

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Detour Gold's COO And IR Head Resign
Mon, 24 Jun 2019 17:42:23 GMT
(Kitco News) - Detour Gold announced today that Frazer Bourchier, Chief Operating Officer, and Laurie Gaborit, VP Investor Relations, have both resigned their positions effective June 30, 2019.

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Gold Down On Some Upbeat US Data; Silver Pops
Tue, 16 Jul 2019 16:59:45 GMT
(Kitco News) - Gold prices are modestly down in midday U.S. trading Tuesday. Some stronger U.S. economic data gave the monetary policy doves some pause on their notions of several interest rate cuts in the coming months.

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AngloGold Ashanti Ups Pure Gold Stake
Tue, 16 Jul 2019 20:10:32 GMT
(Kitco News) - AngloGold currently owns 14.3% of Pure Gold.

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Gold Prices Drop Following Solid U.S. June Retail Sales Data
Tue, 16 Jul 2019 12:34:29 GMT
(Kitco News) - Gold prices are under pressure but continue to hold above $1,400 an ounce as it competes with rising “risk on sentiment in the market place” as U.S. consumers spend more than expected last month.

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Metals Focus: 'Matter Of Time' Before Palladium Breaks, Consolidates Above $1,600/Oz
Tue, 16 Jul 2019 13:19:53 GMT
(Kitco News) - Metals Focus said Monday that “it is only a matter of time” before palladium not only breaks through $1,600 an ounce but consolidates above this level.

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Dundee Precious Metals Upbeat About On Timok Project After PEA
Tue, 16 Jul 2019 12:43:11 GMT
(Kitco News) - A preliminary economic assessment shows that Dundee Precious Metals Inc.’s (TSX: DPM) Timok project in Serbia could result in average gold production of 75,000 ounces a year, all-in sustaining costs of $717 an ounce and have a mine life of nine years, the company reported late Monday.

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TMAC Resources: 2Q Gold Production Rises From Year Ago
Tue, 16 Jul 2019 12:12:34 GMT
(Kitco News) - TMAC Resources Inc. (TSX: TMR), which operates in the Hope Bay gold district in Nunavut, Canada, reported a rise in second-quarter gold production to 38,520 ounces from 23,140 in the same period a year ago.

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Atlantic Gold Approves Sale For $536 Million
Tue, 16 Jul 2019 20:12:12 GMT
(Kitco News) - The deal was originally announced in May.

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Rio Tinto Sheds Rössing Uranium Mine
Tue, 16 Jul 2019 20:14:08 GMT
(Kitco News) - Rio Tinto said the $100 million contingent payment is linked to uranium spot prices and Rössing's net income during the next seven calendar years.

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Gold Bears Trying Hard
Tue, 16 Jul 2019 11:51:31 GMT
(Kitco News) - On Monday, after an early rally, the gold bears showed up and tried to force the yellow metal lower.

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FXTM: Disappointing Corporate Earnings Would Support Gold
Tue, 16 Jul 2019 11:52:40 GMT
(Kitco News) - Gold could “shine with intensity” this week if U.S. corporate earnings turn out disappointing and the “tired” U.S. dollar depreciates, said Lukman Otunuga, research analyst at FXTM.

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Seven Mining Companies CIBC Likes In A Rising Gold Environment
Mon, 15 Jul 2019 18:41:45 GMT
(Kitco News) - The gold market is starting a new long-term uptrend, according to analysts at CIBC and they see the potential for seven mining companies to benefit from higher prices.

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