Pretium removes its offtake
(Kitco News) – With its “robust” cashflow, Pretium Resources (NYSE:PVG) said today that it has repurchased 100% of its gold offtake.
Read moreOreCorp receives gov’t OK for Nyanzaga Mining acquisition
(Kitco News) – The Tanzania government gave its approval for OreCorp (ASX:ORR) to acquire Nyanzaga Mining.
Read moreElevated gold prices are not built to last – Natixis
(Kitco News) – Geopolitical and economic uncertainty are helping gold maintain support above $1,500 an ounce, and while there is room for prices to move higher in the short- to medium-term, one bank is not betting on higher prices in the long-term.
Read moreExploration budget set at $5M for 2.5–3.0 M oz resource goal – SEMAFO
(Kitco News) – SEMAFO (TSE:SMF) said today that its 2019 exploration budget is set at $5 million to test for soil anomalies at the Karankasso portion of the Bantou Project.
Read moreNorth-Alaska Pogo mine gets $30 million expansion
(Kitco News) – The Pogo Mine is north Alaska will get a 30% expansion for $30 million, said company owners Northern Star (ASX:NST) today.
Read moreGold, silver rally on safe-haven buying; more upside likely
(Kitco News) – Gold and silver prices are solidly higher in midday U.S. trading Monday, on safe-haven demand following a shocking weekend terrorist drone strike that crippled Saudi Arabia’s oil industry.
Read moreFinancial discipline is the key message at Denver Gold Forum – analysts
(Kitco News) – As gold prices trade above $1,500 an ounce, gold miners are seeing some of their best margins in nearly three years and as many companies celebrate at this year’s Denver Gold Forum, some analysts are warning them not to get too carried a…
Read moreHedge funds dump gold, but bears are still hiding
(Kitco News) – A rise in investor optimism and thawing trade tensions between the U.S. and China prompted hedge funds to take profits in their gold holdings, but they are reluctant to place bearish bets on the precious metal, according to the latest tr…
Read moreGold loses some shine as U.S. dollar rallies
(Kitco News) – Gold prices have lost over half of their early U.S. gains in late-morning action Monday.
Read moreGold Prices Holding Steady Following Drop In New York Fed Empire State Manufacturing Survey
(Kitco News) – Gold prices are holding gains above $1,500 an ounce but seeing little reaction to weaker than expected manufacturing data within the New York state region.
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