Centerra says new law ‘may affect’ ownership of Kumtor
(Kitco News) – Centerra Gold (TSX: CG) (NYSE: CGAU) announced today that it has become aware of a number of legal and political developments in the Kyrgyz Republic which may affect Centerra’s ownership of the Kumtor mine and its rights under the 2009 restated project agreements which govern the Kumtor mine.
Santacruz Silver cuts net loss as production jumps 29% in 2020
(Kitco News) – Santacruz Silver Mining (TSX.V:SCZ) announced that the company produced 3,655,320 silver equivalent ounces in Mexico for the full-year 2020, a 29% increase over the full-year 2019 output (2,829,453 ounces).
Read moreWhat’s next for gold price after biggest weekly gain of 2021?
(Kitco News) – Gold is looking to post its biggest weekly gain since the start of the year as prices crack through $1,800 and set sights on $1,850 an ounce.
Read moreGold investors turn bullish as prices break out above $1,800 an ounce
(Kitco News) – Frustration is giving away to relief as sentiment in the gold market turns solidly bullish among Wall Street analysts and Main Street investors, according to the latest results from the Kitco News Weekly Gold Survey.
Read moreSierra Metals more than triples net income despite production setback in first quarter
(Kitco News) – Sierra Metals (TSX: SMT) (BVL: SMT) (NYSE AMERICAN: SMTS) reported that the company’s Q1 2021 consolidated production includes 7.9 million pounds of copper, a 33% decrease.
Gold price pops after much weaker-than-expected U.S. jobs report
(Kitco News) – Gold and silver prices are higher in early morning U.S. trading Friday and hit 10- and 9-week highs, respectively. The metals got a booster shot after a very downbeat U.S. jobs report was just released.
Read moreGold prices pushing higher following weak jobs gains in April
(Kitco News) – Gold prices are holding on to strong gains above $1,800 an ounce as the U.S. economy was unable to meet the high bar set for the labor market, creating significantly fewer jobs than expected in April.
Read moreBitcoin daily chart alert – Sideways price action this week not bearish – May 7
(Kitco News) – Bitcoin-U.S. dollar prices are firmer in early U.S. trading Friday. Trading has been choppy for more than a week but the bulls are keeping their overall near-term technical advantage.
Read moreGold futures technical analysis ahead of the NFP report
(Kitco News) – Gold has had an impressive breakout over the last 24 hours and it will be interesting to see if this can be sustained today as we get the latest non-farm payroll (NFP) report from the U.S. Historically the NFP causes some decent volatili…
Read moreCME lowers margins for gold and silver futures contracts
(Kitco News) – CME lowers bond margins for gold, silver, platinum, and more. gold is down 10% and silver margins have dropped down 9.2%.
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