Kirkland Lake Gold doubles dividend, repurchases 10.1 million shares
(Kitco News) – Kirkland Lake Gold Ltd. (TSX, NYSE: KL) is doubling its quarterly dividend and has repurchased 10.1 million shares under its repurchase program, the company announced late Wednesday.
Read moreRio Tinto temporarily closes Utah copper mine after earthquake
(Kitco News) – Rio Tinto has temporarily halted operations at its big Kennecott mine near Salt Lake City, Utah, as a result of a 5.7-magnitude earthquake close to the town of Magna, the company announced Wednesday.
Read moreCommerzbank: more bad news coming for PGMs
(Kitco News) – European auto sales fell last month but those figures do not include the full impact of the COVID-19 virus outbreak, meaning the March sales figures may be even worse, said Commerzbank analyst Daniel Briesemann.
Read moreBBH: markets remain ‘unsettled’ despite emergency measures
(Kitco News) – Global markets are still ‘unsettled’ despite the emergency monetary and fiscal measures taken by governments to address economic damage from the coronavirus outbreak, said Brown Brothers Harriman.
Read moreBitcoin daily chart alert – Bulls work to stabilize market late this week – Mar. 19
(Kitco News) – Bitcoin-U.S. dollar prices are firmer in early U.S. trading Thursday. Bulls are now working to stabilize prices in a panicky global marketplace.
Read moreFed balance sheet can grow to $6 trillion or higher in fight against COVID-19 – analysts
(Kitco News) – Governments and central bank are throwing everything they can to shore up the global economy in the face of an impending recession; however, some analysts and economists are now looking at the staggering costs to fight spreading coronavi…
Read moreJim Rickards: economic freeze is here, get gold, silver if you can and get ready
(Kitco News) – Jim Rickards: economic freeze is here, get gold, silver if you can and get ready
Read moreGold prices sharply down as dread pervasive in marketplace
(Kitco News) – Gold and silver prices are trading sharply lower in midday U.S. trading Wednesday, as buyers of most markets stand on the trading sidelines, afraid to jump in, amid the spreading economic doom coming from the coronavirus outbreak.
Read moreGold price sees more losses below $1,500 as S&P 500 sell-off triggers ‘circuit breaker’, halts trading
(Kitco News) – The gold market continued to see losses Wednesday afternoon as the S&P 500 dropped 7% and halted trading for 15 minutes after triggering the ‘circuit breaker’.
Massive silver price drop triggers a ‘rush to buy’ in India – INTL FCStone
(Kitco News) – A recent plunge in silver to 11-year lows has awoken strong Indian demand for the precious metal as low prices present a not-to-miss buying opportunity, according to INTL FCStone.
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