B2Gold ups gold production, increases dividend
(Kitco News) – Higher precious metal prices resulted in quarterly consolidated gold revenue of $442 million, an increase of $175 million (65%) over the second quarter of 2019.
Read moreOperating cash flow up 26% at Royal Gold
(Kitco News) – In its Q4 revenue was $120.0 million, an increase of 3.7%, and operating cash flow was $91.6 million, an increase of 26.7%.
Read morePan American Silver production halved due to COVID-19
(Kitco News) – The company said most operations are back online, but wanred of the “humanitarian crisis” due to the pandemic.
Read moreAfter $2,000 gold price, $4,000 is next; Frank Holmes doubles down on call
(Kitco News) – After $2,000 gold price, $4,000 is next; Frank Holmes doubles down on call
Read morePresident’s son opposes Pebble Mine
(Kitco News) – Donald Trump Jr. tweeted Tuesday that Pebble Mine should not be built due to environmental risks.
Read moreGold, silver bulls continue on a rampage
(Kitco News) – Gold prices are sharply higher at midday Wednesday and hit a record high of $2,057.50, basis October Comex futures, earlier in the session.
Read moreGold Fields increases EPS 90%
(Kitco News) – Thanks to higher gold prices Gold Fields (NYSE:GFI) said Wednesday that it expects earnings per share in H1 to be between US¢17.1-18.9 per share, an increase of 90-110% (US¢8.1-9.9 per share) from the basic earnings of US¢9.0 per share reported for the six months ended 30 June 2019 (H1 2019).
Read moreOrion Minerals requests trading halt
(Kitco News) – Exploration and development company Orion Minerals (ASX:ORN) requested a trading halt due to a planned capital raising.
Read moreEndeavour expects higher grades in H2
(Kitco News) – Endeavour Mining (TSX: EDV) said Wednesday it expects higher grades in the latter half of the year, allowing it to hit guidance of 995—1,095koz in 2020 at an AISC of $865—915/oz.
Read more‘A star asset’: Here’s how $3,000 gold price could be on the table — RBC
(Kitco News) – Gold is more popular than ever this year as investors flock to its safe-haven qualities, taking the precious metal to unprecedented new levels this summer, said RBC Capital Markets in its latest report.
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