Russian gold miner Polyus delivers strong 2020 financial results, pays $1.1B in dividend
(Kitco News) – Polyus, the largest gold producer in Russia and one of the top five gold miners globally, today reported that the company’s total gold sales volumes amounted to 2,817 thousand ounces of gold for 2020, down 2% compared to the prior-year.
Gold prices to hold steady, silver to outperform as rising economic growth leads to inflation – Scotiabank
(Kitco News) – Gold and silver still play a role in a portfolio even as global economic growth expectations continue to increase.
Read moreAlamos Gold generates strong cash flow, further increases dividend
(Kitco News) – Alamos Gold (TSX:AGI; NYSE:AGI) yesterday reported that the company produced 426,800 ounces of gold in FY2020, meeting revised production guidance. Alamos said that the company met or exceeded production guidance at all three of its oper…
Read moreGold pressured by rising bond yields, shorter-term futures bears
(Kitco News) – Gold futures prices are solidly lower in midday U.S. trading Thursday. Rising government bond yields are at least short-term bearish for the precious metals markets as the benchmark U.S. Treasury note is presently yielding 1.45%.
Read moreKirkland Lake Gold achieves record production, revenue and net earnings
(Kitco News) – Kirkland Lake Gold (TSX:KL) (NYSE:KL) (ASX:KLA) today announced that the company achieved record levels of production, revenue, net earnings and adjusted net earnings for both Q4 and FY2020.
Read moreCan platinum’s price surge continue? World Platinum Investment Council gives forecast
(Kitco News) – Many of the factors that have held back platinum in the past, including demand, liquidity in the futures markets, and visibility, are now becoming tailwinds for the price, said Trevor Raymond, director of research at the World Platinum I…
Read moreThis is the catalyst that could take gold price to $2,100 after selloff – ANZ
(Kitco News) – The market’s equity and crypto boom has left gold in the dust so far this year, but one catalyst could turn things around and take gold prices as high as $2,100 this year, according to Australia and New Zealand Banking Group (ANZ).
Read moreThe hottest mining/metals stock and where it’s headed
(Kitco News) – Rio Tinto Group is an Anglo-Australian multinational and the world’s second-largest metals and mining corporation
Read moreGold prices can’t catch a bid as U.S. pending home sales numbers cool in January
(Kitco News) – Momentum in the U.S. housing market appears to be cooling as fewer American start the process of buying a new home, according to the latest report from the National Association of Realtors (NAR).
Gold prices ignore slight miss in U.S. Q4 GDP numbers
(Kitco News) – The U.S. economy continues to recover from the devastating effects of the COVID-19 pandemic; however, according to the second reading of U.S. Gross Domestic Product, the pace of growth is slightly slower than expected.