Gold, silver prices see sharp pop on huge jump in U.S. jobless
(Kitco News) – Gold and silver prices are trading sharply up in midday U.S. trading Thursday and are near session highs after the U.S. government reported a massive increase of 6.6 million in jobless claims in the latest reporting week.
Read moreInvestor demand to drive Silver prices higher in 2020 – Refinitiv
(Kitco News) – Silver prices are seeing a surge in momentum, and one research firm expects prices will continue to rise through 2020.
Read moreBuying ‘paper gold’ ETFs could be ‘huge failure’ if gold is in short supply – Bond King Gundlach
(Kitco News) – Surging demand for gold-backed exchange-traded funds is raising a red flag for DoubleLine CEO and Wall Street’s Bond King Jeffrey Gundlach.
Read moreMetals Focus: 2020 global gold output ‘significantly impacted’ by pandemic
(Kitco News) – The global COVID-19 pandemic will mean less 2020 gold-mine output than previously expected, but higher prices may mean higher margins for producers, Metals Focus said.
Read moreAgnico Eagle shutting down Mexican mines until April 30
(Kitco News) – The COVID-19 pandemic continues to impact the mining sector with senior precious-metals producer Agnico Eagle Mines Ltd. (NYSE, TSX: AEM) announcing more mine closures, this time in Mexico.
Read moreCME Group reports record metals volume for March, first quarter
(Kitco News) – Exchange operator CME Group Thursday reported monthly and quarterly record highs for average daily trading volume in the metals.
Read moreKirkland Lake Gold further curtails Canadian operations due to COVID-19
(Kitco News) – Kirkland Lake Gold Ltd. (TSX, NYSE: KL) Thursday announced an additional curtailment of mining activities in Canada as a result of the global COVID-19 pandemic, including the temporary suspension of operations at the Holt Complex and red…
Read moreAlamos Gold temporarily suspends mining at Mulatos; guidance suspended
(Kitco News) – Alamos Gold Inc. (TSX: NYSE: AGI) is suspending operations at its Mulatos mine in Mexico until April 30 and extending the suspension at the Island Gold in Ontario for an additional two weeks, the company said Thursday.
Read morePan American Silver temporarily suspends operations at Mexican mines
(Kitco News) – Pan American Silver Corp. (NASDAQ: PAAS; TSX: PAAS) is suspending operations at two mines in Mexico as a result of the world’s war against the COVID-19 pandemic and is also voluntarily scaling back its Timmins operation in Canada, the company announced Thursday.
Pan American Silver temporarily suspends operations at Mexican mines
(Kitco News) – Pan American Silver Corp. (NASDAQ: PAAS; TSX: PAAS) is suspending operations at two mines in Mexico as a result of the world’s war against the COVID-19 pandemic and is also voluntarily scaling back its Timmins operation in Canada, the company announced Thursday.