Gold prices steady as U.S. Q1 GDP falls 5%
(Kitco News) – Gold prices are pushing modestly higher, seeing a little reaction to weaker than expected first-quarter U.S. gross domestic product data.
Read moreAnother 2.12 million Americans file initial jobless claims; gold remains higher
(Kitco News) – Another 2.12 million Americans filed for first-time U.S. jobless claims in the week to Saturday, the Labor Department said Thursday. Spot gold held onto most of its early gains, last trading up $11.60 to $1,721.30an ounce.
Read moreGold prices gain as risk aversion upticks late this week
(Kitco News) – Gold and silver prices are trading moderately higher in early U.S. trading Thursday, as safe-haven demand has returned to the metals after a brief absence.
Read moreMetals Focus: U.S., Germany account for most April Swiss gold exports
(Kitco News) – The U.S. and Germany accounted for most of the gold exports out of Switzerland last month, as Swiss trade data showed a marked change from the norm as key Asian gold-consuming nations imported almost none, said Metals Focus.
Read moreBitcoin daily chart alert – Bulls maintaining chart advantage – May 28
(Kitco News) – Bitcoin-U.S. dollar prices are slightly higher early Thursday. The bulls this week stabilized the market following some recent selling pressure.
Read moreEquinox Gold receives $145 million from exercise of warrants
(Kitco News) – “With a strong balance sheet and cash flow from a diversified portfolio of producing gold mines, Equinox Gold is well positioned to manage the COVID-19 pandemic and is fully funded to advance its pipeline of growth projects toward one mi…
Read moreWesdome delivers PEA with after-tax IRR of 102%
(Kitco News) – Wesdome highlighted the after-tax IRR of 102%, and an after-tax NPV (discount rate 5%) $416 million.
Read moreCopper demand to fall 5.4% in 2020
(Kitco News) – Global copper demand is forecast to drop 5.4% to 22.625 million tonnes, said the International Wrought Copper Council today.
Read moreSienna Resources acquires PGE-Ni-Cu-Co project In Finland
(Kitco News) – Sienna Resources (CVE:SIE) announced today it acquired the Kuusamo battery metals project which is comprised of two exploration “reservation” properties located adjacent to and near EMX Royalty Corporation’s (NYSE:EMX) Kaukua platinum group elements royalty property in Finland, which is being advanced by Palladium One Mining Inc. (PDM-TSX.v).
Seabridge Gold completes 3 Aces gold project acquisition
(Kitco News) – Seabridge Gold (TSX:SEA, NYSE:SA) announced today that it completed the acquisition of the 3 Aces gold project in the Yukon, Canada from Golden Predator Mining Corp. for 300,000 Seabridge common shares, potential future cash payments tot…
Read more