Gemfields expects lower net profit in H1
(Kitco News) – African diamond-miner Gemfields (JSE:GML ) said this week that it is “reasonably certain” its net profit after tax will be $12.4 million for the 6-month period to 30 June 2019 compared to $16.0 million for the same period a year ago.
Read moreHeron Resources’ CEO departs, shares suspended
(Kitco News) – Wayne Taylor, CEO of Heron Resources, was asked to step down by the company’s board.
Read moreGold bar finally poured after ‘blood, sweat and tears’
(Kitco News) – Victoria Gold was able to simulcast its first gold pour at its Eagle Mine yesterday.
Read moreA 123 carat gem-quality diamond is recovered by Lucara
(Kitco News) – Lucara Diamond (TSX:LUC) announced today that it recovered a 123 carat gem quality diamond from its Karowe Diamond Mine located in Botswana.
Read moreCalibre Mining closes C$102.5 million equity financing
(Kitco News) – Nicaragua-focused exploration company Calibre Mining (CVE: CXB) announced yesterday that it closed a $77.2 million (C$102.5 million) brokered private placement.
Read moreGlobal growth is slowing; gold price could hit $25,000 long-term
(Kitco News) – Global growth is slowing; gold price could hit $25,000 long-term
Read moreGold prices weaker as Federal Reserve not so easy
(Kitco News) – Gold and silver prices are weaker in afternoon U.S. trading Wednesday, in the wake of the just-released FOMC statement that did not lean as accommodative on U.S. monetary policy as many expected.
Read moreGold prices drop but holding $1,500 after fractured Federal Reserve cuts rates
(Kitco News) – Gold prices are under pressure but holding critical support above $1,500 an ounce as the Federal Reserve cuts interest rates but strikes fairly neutral tone on the U.S. econom and a fractured central bank.
Read moreGold investors should watch support at $1,492 if the Federal Reserve disappoints – Hightower
(Kitco News) – Gold investors and traders are sitting on the edge of their seats waiting for the Federal Reserve to drop its latest monetary policy decision.
Read moreWhere is gold headed next week? Vote now!
(Kitco News) – It is now time to have your say in where you think gold prices are heading in the short-term.
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