Latest News

Lynas halts Malaysian operations on COVID-19 concerns

(Kitco News) – “Lynas currently expects to achieve positive
cash flow from operations during the March quarter, before payment of approximately
A$14 million relating to the Permanent Disposal Facility (PDF) project announced on 30
January 2020.”

Read more
Gold dips below $1,490 ounce, Asian markets trounced

(Kitco News) – The U.S. Congress is in the midst of negotiating an economic stimulus bill.

Read more
Ecuador’s largest gold and copper mines scale back as Coronavirus cases rapidly grow

(Kitco News) – Projects in the advanced exploration phase will continue to operate, but those that had exploration plans for the coming weeks will be put on hold, Benalcázar said.

Bookmark and Share

Read more
Oil falls more than $1 as coronavirus spreads

(Kitco News) – Goldman Sachs estimated demand loss could total 8 million barrels per day (bpd), brought about by countries slowing economic activity to combat the coronavirus outbreak.

Read more
Nothing will ever be the same

(Kitco News) – September 11 is seen as the day that changed the world, it changed the travel industry, safety screenings, everything.

Read more
Midas Fund’s Thomas Winmill looks for these attributes in gold-mining stocks

(Kitco News) – Trying to decide how to pick gold-mining stocks amid the COVID-19 virus scare?

Read more
Midas Fund’s Thomas Winmill looks for these attributes in gold-mining stocks

(Kitco News) – Trying to decide how to pick gold-mining stocks amid the COVID-19 virus scare?

Read more
Midas Fund’s Thomas Winmill looks for these attributes in gold-mining stocks

(Kitco News) – Trying to decide how to pick gold-mining stocks amid the COVID-19 virus scare? Consider those with multiple mines, open-pit operations that benefit from lower fuel costs, streaming and royalty companies, and producers that won’t have to scramble for financing in order to keep operating, according to one fund manager.

Bookmark and Share

Read more
Yamana partially demobilizes workforce at Cerro Moro until March 31

(Kitco News) – Yamana Gold Inc. (TSX: YRI; NYSE: AUY) is undertaking a temporary, partial demobilization of its workforce at the Cerro Moro mine in Argentina in response to the government’s declaration of mandatory social isolation to combat the spread of COVID-19, the company reported Friday.

Bookmark and Share

Read more
Yamana partially demobilizes workforce at Cerro Moro until March 31

(Kitco News) – Yamana Gold Inc. (TSX: YRI; NYSE: AUY) is undertaking a temporary, partial demobilization of its workforce at the Cerro Moro mine in Argentina in response to the government’s declaration of mandatory social isolation to combat the spread of COVID-19, the company reported Friday.

Bookmark and Share

Read more