Gold price jumps after U.S. weekly jobless claims rise to 6.6 million
(Kitco News) – The gold market continues to make further gains as the U.S. labor market continues to deteriorate as weekly jobless claims see another 3 million-claim rise.
Read moreGold, silver prices sharply up as U.S. jobless claims skyrocket
(Kitco News) – Gold and silver prices are trading sharply up in early U.S. trading Thursday and moved to fresh session highs after the U.S. government reported a huge increase of 6.6 million in jobless claims in the latest reporting week.
Read moreNewmont ramping down Peñasquito mine due to Mexico’s COVID-19 rules
(Kitco News) – Newmont Corp. (NYSE: NEM, TSX: NGT) is moving to ramp down operations at its Peñasquito mine in the Mexican state of Zacatecas, the company announced late Wednesday.
Newmont ramping down Peñasquito mine due to Mexico’s COVID-19 rules
(Kitco News) – Newmont Corp. (NYSE: NEM, TSX: NGT) is moving to ramp down operations at its Peñasquito mine in the Mexican state of Zacatecas, the company announced late Wednesday.
Bitcoin daily chart alert – Bulls keeping price uptrend alive – Apr. 2
(Kitco News) – Bitcoin-U.S. dollar prices are higher in early U.S. trading Thursday. Bulls are keeping alive a price uptrend on the daily chart and have the firm near-term technical advantage.
Read moreSeabridge Gold raises $14.1 million for potential tax liabilities
(Kitco News) – “The main use of proceeds is to make deposits to the Canada Revenue Agency (CRA) which cover potential tax liabilities stemming from re-assessments of its Canadian Exploration Expenses by the CRA as disclosed in the company’s 2018 and 20…
Read moreAntofagasta to be powered entirely from renewables
(Kitco News) – “As part of the transaction Centinela will cancel two existing PPAs, that expire in 2026 and 2027, and the Company will sell its indirect 40% interest in the Hornitos thermal power station to ENGIE, resulting in an attributable post-tax …
Read moreBarrick chair sells 2.6 million shares
(Kitco News) – The company added that Thornton would continue to retain and seek to build on what remains a meaningful equity stake in Barrick.
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 moreMake sure the company you choose to invest in can weather this out: David Erfle
(Kitco News) – “I’ve got core positions in royalty companies; growth-oriented, low cost producers and some development plays that have a lot of cash,” said Erfle during a video interview.
Read more