Gold price remains neutral as ADP reports 742K jobs created in April
(Kitco News) – The gold price is holding steady but appears apprehensive to take another run back towards $1,800 an ounce as fewer Americans than expected found jobs last month, according to according to private payrolls processor ADP.
Gold technicals ahead of the U.S. session
(Kitco News) – Technical analyst Rajan Dhall MSTA give us his technical opinion ahead of the U.S. session open. This comes after some comments from Janet Yellen last night sent the yellow metal lower.
Read moreGold and silver trade lower overnight leading into the European open
(Kitco News) – Gold and silver are trading marginally lower leading into the European open after a dismal session on Tuesday. Hawkish comments from Janet Yellen sent the yellow metal lower to trade -0.77% in the red during yesterday’s session. Silver a…
Read moreSigma Lithium plans for 220,000t per annum production by mid-2022
(Kitco News) – The company said it has plans to achieve net zero carbon emission targets by 2023.
Read moreB2Gold reports Q1 2021 production was 9% above budget
(Kitco News) – B2Gold’s production of 220,644 ounces in Q1 2021 (including 15,001 ounces of attributable production from Calibre Mining) was 9% (18,542 ounces) above budget.
Read moreKirkland Lake sees ‘significant potential’ for resource growth at Detour Lake
(Kitco News) – The company said it has confidence that the 2022 technical report will clearly establish Detour Lake as one of the world’s premier gold mines.
Yellen hints at higher rates, spooks markets; Inflation’s damage, explained – Jeff Christian
(Kitco News) – Yellen hints at higher rates, spooks markets; Inflation’s damage, explained – Jeff Christian
Read moreArgonaut Gold reports record production and financial results in Q1 2021
(Kitco News) – The company’s net income for the first quarter of 2021 was $27.0 million or $0.09 per basic or diluted share compared to a net loss of $9.5 million or $0.05 loss per share for the same period in 2020.
Read moreBarrick shareholders approve $750M return of capital distribution
(Kitco News) – Barrick Gold (NYSE:GOLD)(TSX:ABX) announced Tuesday that the $750 million return of capital distribution proposed by the company’s board was supported by over 99% of the shares voted at today’s meeting. This will be paid in three tranches in the course of 2021.
Osisko Mining keeps drilling high-grade gold at Windfall
(Kitco News) – Osisko Mining (OSK:TSX) today released new analytical results from the ongoing drill program at its 100% owned Windfall gold project located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Québec.