Gabelli’s Bryan; mining stocks lag gold based on history, leaving potential upside
(Kitco News) – Equities of gold-mining companies still appear undervalued based on a historical comparison of where they were trading relative to the price of gold during the last bull-market cycle, said Caesar Bryan, portfolio manager of the Gabelli G…
Read moreGabelli’s Bryan; mining stocks lag gold based on history, leaving potential upside
(Kitco News) – Equities of gold-mining companies still appear undervalued based on a historical comparison of where they were trading relative to the price of gold during the last bull-market cycle, said Caesar Bryan, portfolio manager of the Gabelli G…
Read moreChilean copper miner Codelco halts Chuquicamata smelter and refinery amid coronavirus
SANTIAGO, June 25 (Reuters) – Chilean copper miner Codelco said on Thursday it would halt operations at it’s biggest smelter and refinery in Chuquicamata division in a measure to prevent further spread of the new coronavirus.
Bitcoin daily chart alert – Bulls need to step up – Jun. 26
(Kitco News) – Bitcoin-U.S. dollar prices have sold off late this week, hitting a two-week low, as the bulls have faded and need to show fresh power soon.
Read moreBannockburn: gold prices ‘finding support above the top of the old range’
(Kitco News) – Gold prices are holding above $1,750 an ounce, which was the top of its former trading range and is now acting as chart support, as markets collectively ponder whether the surge in COVID-19 cases in the U.S. and elsewhere will lead to mo…
Read moreCommerzbank: stimulus efforts mean ‘robust demand for gold as a safe haven’
(Kitco News) – Investors are likely to keep adding gold as a “store of value” as central banks remain accommodative and governments keep running up debt in their fiscal-stimulus efforts to prop up the economy and markets during the COVID-19 pandemic, C…
Read moreA COVID-19 stimulus program could kick start the battery materials market within the year
(Kitco News) – The COO of Pilbara Minerals, Dale Henderson, spoke to Kitco on Wednesday.
Read moreGold ‘to ease back’ for rest of 2020 on weak demand, quicker economic recovery — Capital Economics
(Kitco News) – One firm is maintaining its somewhat bearish outlook on gold despite the yellow metal’s persistent attempts at breaching the $1,800-an-ounce level this week.
Read moreBarrick JV’s with junior operating near Kibali Mine
(Kitco News) – Loncor Resources (TSX:LN) said Thursday it agreed to a joint venture with Barrick Gold to explore the Ngayu gold belt in the northeast of the Democratic Republic of the Congo.
Read moreDespite COVID-19, China doubles platinum purchases in Q1
(Kitco News) – Platinum purchases more than doubled in Q1 according to an interview with Weibin Deng, the World Platinum Invdestment Council’s Regional Head, Asia Pacific.