Gold, silver prices soar; inflation on horizon?
(Kitco News) – Gold, silver prices soar; inflation on horizon?
Read moreMoney managers’ bullish gold positioning at lowest level since June
(Kitco News) – Money managers slashed their net-bullish positioning in gold futures to the lowest level since last summer during the most recent reporting week for data compiled by the Commodity Futures Trading Commission (CFTC).
Read moreGold jumps well above $1,500 as U.S. economic outlook ‘dire’ amid surging unemployment; prices ready for more gains
(Kitco News) – Growth outlooks for the U.S. are becoming gloomier by the day with anticipated surging unemployment making things even more uncertain.
Read moreGold prices continue strong surge as U.S. dollar and stock indexes sell off
(Kitco News) – Gold prices are sharply higher and at session highs in late-morning action Monday.
Read moreKirkland Lake Gold reduces operations at Detour Lake
(Kitco News) – Kirkland Lake Gold Ltd. (TSX, NYSE: KL) is reducing operations at its Detour Lake Mine in Ontario until April 30 and halting an automatic share purchase plan due to the COVID-19 pandemic, the company said.
Read morePan American Silver announces more mine curtailments due to virus
(Kitco News) – Pan American Silver Corp. (NASDAQ, TSX: PAAS), which last week temporarily suspended operations at four mines in Peru, has now curtailed operations in Argentina and Bolivia also as a result of the COVID-19 pandemic, the company announced…
Read moreFreeport McMoRan suspends dividend due to COVID-19 impact
(Kitco News) – Freeport-McMoRan Inc. (NYSE: FCX), one of the world’s largest publicly traded copper companies and also a major gold producer due to by-product output at its mine in Indonesia, is suspending its dividend in response to the economic uncertainty brought about by the COVID-19 pandemic, the company announced Monday.
Endeavour strikes deal to acquire SEMAFO in C$1 billion transaction
(Kitco News) – Endeavour Mining Corp. (TSX: EDV) will acquire SEMAFO Inc. (TSX, OMX: SMF) in a friendly takeover valued at C$1 billion, the companies announced Monday.
Read moreNewmont withdraws 2020 guidance, suspends some mining due to COVID-19
(Kitco News) – Newmont Corp. (NYSE: NEM, TSX: NGT), the world’s largest gold-mining company, is putting four mines on “care and maintenance” and withdrawing its 2020 production guidance as a result of the COVID-19 outbreak around the world, the company announced Monday.
Endeavour strikes deal to acquire SEMAFO in C$1 billion transaction
(Kitco News) – Endeavour Mining Corp. (TSX: EDV) will acquire SEMAFO Inc. (TSX, OMX: SMF) in a friendly takeover valued at C$1 billion, the companies announced Monday.
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