Gran Colombia produced 48,000 ounces of gold in Q2
(Kitco News) – Gran Colombia Gold Corp. (TSX: GCM) is reporting a nearly 17% drop in production in the second quarter compared to 2019 as the global COVID-19 pandemic continues to impact mining operations around the world.
Read moreBitcoin daily chart alert—Bulls need to show some power
(Kitco News) – Bitcoin-U.S. dollar prices are just a bit weaker again Friday morning.
Read moreGold prices at daily highs as U.S. housing starts surprise on the upside in June
(Kitco News) – Gold prices were trading at daily highs following the release of the U.S. housing data from June, with housing starts beating expectations and building permits disappointing.
Read moreGold prices up, bulls remain powerful
(Kitco News) – Gold prices are modestly higher in early U.S. trading Friday amid a steady flow of safe-haven and chart-based buying.
Read moreYamana Gold’s Q2 production is lower due to COVID-19 suspensions
(Kitco News) – The company said that overall production in Q2 from most mines exceeded plan and the production in the company’s annual guidance.
Gold to push above $3K in 3-5 years: Fiat currency is a key bubble — hedge fund
(Kitco News) – Gold prices could nearly double in just three to five years, according to one hedge fund manager, who sees gold as an anti-bubble in an environment fraught with asset bubbles and runaway inflation.
Read moreFirst Majestic shaves upper end of guidance
(Kitco News) – The company said it is also anticipating a reduction in annualized cash costs of approximately 30% due to the higher gold by-product revenues and the weaker Mexican Peso.
Read moreKirkland extends Holt Complex suspension, workers are re-assigned
(Kitco News) – “I am pleased to report that, to date, more than 220 employees at Holt Complex, from a total workforce of 475 people, have been re-assigned to new positions, or have recently been offered new roles within the organization.”
Read morePlatinum Group Metals works towards permits
(Kitco News) – Platinum Group Metals is seeking other options to advance the project now Impala Platinum will not be partnering with Platinum Group Metals.
Read moreLucara finds ‘novel’ arrangement to move its unsold, large diamonds
(Kitco News) – “It is our strong view that the success of our industry in these very uncertain times, requires better alignment between producers, manufacturers, and retailers to establish a healthier, more efficient global diamond supply chain. We are…
Read more