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Diamond Production Down, Guidance Revised At De Beers

(Kitco News) – De Beers said the market is also soft, and has revised its production guidance downwards to about 31 million carat.

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Gold, Silver Prices Power Ahead

(Kitco News) – Gold prices are moderately higher in midday U.S. trading Thursday. August gold futures are poised to close at a five-month high close today.

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Gold Hits New High For The Week, Bulls Powering Ahead

(Kitco News) – Gold prices have pushed to their daily highs near midday Thursday, and have also hit a new high for the week.

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Silver Sees One More Technical Hurdle, Then It Could Be “Off To The Races”

(Kitco News) – See on the weekly chart for nearby Comex silver futures that prices just this week have seen a push above a longer-term downtrend line drawn from the 2016 high.

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Silver Is Now Supporting Gold Prices

(Kitco News) – Silver achieved $16 for first time since February and its finally doing some of the heavy lifting for the precious metal complex.

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Commerzbank: Gold ETFs Post Biggest Inflow In Four Weeks

(Kitco News) – Gold exchange-traded funds registered their biggest daily inflow in almost four weeks Wednesday, said Commerzbank.

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Hecla Reports Hedges In Options Market, Higher 2Q Silver Output

(Kitco News) – Hecla Mining Co. (NYSE: HL) Thursday reported higher year-over-year silver production in the second quarter, a small dip in gold output, and hedges on the two metals in the options market.

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Roxgold: 2Q Output Leaves Company On Track To Meet Guidance

(Kitco News) – Roxgold Inc. (TSX: ROXG) remains in line with its full-year production guidance at the Yaramoko Gold Mine in Burkina Faso, the company said late Wednesday.

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Gold Remains Softer After U.S. Jobless Claims Rise 8,000 To 216,000

(Kitco News) – Gold remained on the defensive after Labor Department data Thursday showed that initial weekly U.S. jobless claims rose by 8,000 to a seasonally adjusted 216,000 in the week to Saturday.

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Centamin 2Q Gold Output Rises 27% From Year Ago

(Kitco News) – Centamin Plc (LSE: CEY; TSX: CEE) reported Thursday that its Sukari Gold Mine produced 117,913 ounces of gold in the second quarter, a year-over-year rise of 27% and keeping the company in line with its guidance for the full-year.

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