Coeur Mining cuts 2Q losses with solid U.S. production
(Kitco News) – Despite operation setbacks due to the COVID-19 pandemic Coeur Mining reported better than expected earnings for the second quarter.
Read moreU.S. weekly jobless claims rise to 1.43 million
(Kitco News) – The U.S. labor market continues to struggle as more than 1 million people file for first-time unemployment claims.
Gold price largely ignores worst U.S. GDP contraction on record
(Kitco News) – Gold prices kept modest losses on the day and largely ignored the worst GDP contraction in U.S. history in the post-World War II era.
Read moreGold sees normal price pullback in a strong uptrend
(Kitco News) – Gold prices are moderately down in early U.S. trading Thursday, with silver prices sharply lower. These are normal corrective price pullbacks in still-strong uptrends on the charts.
Read moreBitcoin daily chart alert – Pause Thursday is not bearish – Jul. 30
(Kitco News) – Bitcoin-U.S. dollar prices are weaker in early U.S. trading Thursday but not far below this week’s 12-month high. The bulls still have solid power amid a price uptrend.
Higher gold price helps Newmont generate significant free cash flow in Q2
(Kitco News) – Newmont Corporation (NYSE: NEM, TSX: NGT) , the world’s biggest gold miner, said that higher gold prices helped generate significant free cash flow in the second quarter.
Physical gold demand drops 11% in Q2 even with record ETF buying
(Kitco News) – Record investment demand remains the dominant theme for gold and highlights a growing duality in the marketplace, according to the latest research from the World Gold Council (WGC).
Alamos Gold reports Q2 results: guidance revised
(Kitco News) – Alamos Gold reports Q2 results: guidance revised
Read moreAgnico Eagle reports solid performance despite challenges in second quarter
(Kitco News) – Despite some production disruptions, senior gold producer Agnico Eagle Mines Limited (NYSE: AEM TSX: AEM) said that it had a solid performance in the second quarter of 2020.
Kinross more than doubles Q2 earnings on higher gold price and lower costs
(Kitco News) – A higher gold price and lower costs helped Kinross Gold Corporation (NYSE: KGC, TSX: K) more than double its earnings in the second quarter of 2020, compared to the same quarter last year, the company said.