Russian mining behemoth Nornickel partially suspends mines due to flooding
(Kitco News) – Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, today announced that it has partially suspended its Oktyabrsky and Taimyrsky mines.
Read moreCenterra Gold boosts free cash flow 1,640%, declares dividend
(Kitco News) – Centerra Gold (TSX: CG) today reported that the company’s full-year 2020 net earnings were $408.5 million and adjusted net earnings were $461.9 million in 2020, compared to a net loss of $93.5 million and adjusted net earnings of $181.5 …
Read moreCopper near 10-year high is too hot; look to gold for stable value – Bloomberg Intelligence
(Kitco News) – The copper market has been grabbing a lot of investor attention since the start of the year as prices have surged higher, culminating in this week’s 10-year high.
Read moreStrong rise in U.S. new home sales drag gold prices lower
(Kitco News) – The U.S. housing market continues to file on all cylinders as consumers continue to buy new homes at an unprecedented pace.
Price pressure on gold from rising bond yields, technical selling
(Kitco News) – Gold futures prices are solidly lower and near daily lows in early U.S. trading Wednesday, giving back some of the good gains posted Monday.
Read morePrice pressure on gold from rising bond yields, technical selling
(Kitco News) – Gold futures prices are solidly lower and near daily lows in early U.S. trading Wednesday, giving back some of the good gains posted Monday.
Read moreGold pausing but still in near-term price downtrend
(Kitco News) – Gold futures prices are once again trading not far from unchanged in early U.S. trading Wednesday and are pausing at mid-week after good gains posted Monday.
Read moreBitcoin daily chart alert – Bulls work to stabilize prices after downdraft – Feb. 24
(Kitco News) – Bitcoin-U.S. dollar prices are solidly higher in early U.S. trading Wednesday, after getting hit very hard Monday and Tuesday in the aftermath of prices hitting a record high last weekend.
Read moreGold technical’s are looking positive heading into the US session
(Kitco News) – Gold futures are trading 0.16% higher heading into the US open and there has not been too much news flow in the EU session.
Read moreThe strong Australian mining sector has helped the nations unemployment rate stay firm
(Kitco News) – Australian mining firms help deliver job gains in Australia. On 18th February The Australian unemployment rate for Jan fell to 6.4% vs the analyst consensus of 6.5% and the prior reading of 6.6%.
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