Newcrest Mining announces A$20 million fund for COVID-19
(Kitco News) – Newcrest Mining (ASX:NCM) announced Tuesday that it has established a A$20 million Community Support Fund to provide financial support to its host communities to assist them with the challenges associated with the COVID-19 pandemic.
Read moreNewcrest Mining says no mines closed yet, maintains guidance
(Kitco News) – Australian gold miner Newcrest Mining (ASX:NCM) said Tuesday it has no confirmed cases of COVID-19 at any of its operations or projects, and with all mines continuing to operate there is no change to the company’s guidance for FY20.
Read moreNewcrest Mining says no mines closed yet, maintains guidance
(Kitco News) – Australian gold miner Newcrest Mining (ASX:NCM) said Tuesday it has no confirmed cases of COVID-19 at any of its operations or projects, and with all mines continuing to operate there is no change to the company’s guidance for FY20.
Read moreAfter COVID-19 fatality Cobre Panama placed into care and maintenance
(Kitco News) – First Quantum (TSX: FM) said Tuesday that it has decided to place the Cobre Panama operation onto care and maintenance.
Read moreAfter COVID-19 fatality Cobre Panama placed into care and maintenance
(Kitco News) – First Quantum (TSX: FM) said Tuesday that it has decided to place the Cobre Panama operation onto care and maintenance.
Read moreWhere is gold headed next week? Vote now!
(Kitco News) – Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short-term
Read moreGold remains best hedge against coming crisis to ‘shake society to its roots’ – VanEck
(Kitco News) – Even in the best-case scenario, a recession is inevitable, and owning an asset that outperforms during bear markets, such as gold, is the optimal strategy during this time, said Joe Foster in a report published by VanEck Monday.
Read moreGold hits 7.5-year high and then backs off on profit taking
(Kitco News) – Gold prices are trading modestly down in midday U.S. trading Tuesday, on some mild profit taking in the futures market after prices spiked to a 7.5-year high of $1,742.60 an ounce in overnight trading.
Read moreRussian central bank asked to resume gold purchases to help miners
(Kitco News) – Russian banks are asking the nation’s central bank to restart its official gold purchases that were halted on April 1, citing concerns over gold exports amid disruptions in the transportation industry due to the COVID-19 outbreak.
‘Take that, you gold bashers!’; gold strongest commodity in 1Q – Adrian Day
(Kitco News) – Gold far outperformed other commodities during the first quarter despite selling to generate cash once the collapse began in the stock market, and the metal is poise to rise even further, said Adrian Day, chairman and chief executive off…
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