First Quantum marches to 800,000 copper goal
(Kitco News) – First Quantum plans to mine more nickel. In the first quarter of 2020, the company’s Ravensthorpe nickel mine is planned to restart operations. Production of between 15,000 to 20,000 tonnes of nickel is expected for the full year 2020 increasing to between 25,000 to 28,000 for the following two years.
Miners are finally transforming into “investments” says analyst
(Kitco News) – Miners are finally transforming into “investments” says analyst
Gold price consolidation coming to an end, watch for rally to $1,800 – market analyst
(Kitco News) – Gold ’s consolidation period could soon come to an end as one research firm sees prices pushing to $1,800 by the spring.
Egypt grants its second mining license in 15 years
(Kitco News) – Aton Resources (TSX-V:AAN) announced yesterday that it was granted an exploitation license from the Egyptian government.
Read moreGold’s $1,600 level to remain elusive, prices to test physical floor – Standard Chartered
(Kitco News) – Gold’s attention will turn to weak physical market demand as coronavirus is brought under control, according to Standard Chartered, which sees the precious metal likely testing its physical floor.
Read moreGold, silver prices gain as coronavirus outbreak escalates
(Kitco News) – Gold and silver prices are moderately higher in midday U.S. futures trading Thursday. Some risk aversion is back in the marketplace late this week, as the coronavirus outbreak has escalated in China.
Read moreGold miners to be earning stars in 2020 – The High-Tech Strategist
(Kitco News) – The mining sector’s four-quarter earnings season has kicked off, and one market analyst is expecting positive earnings at the end of 2019 to continue through 2020.
Bannockburn: coronavirus is ‘overriding driver today’ in markets
(Kitco News) – Global markets are focused on a spike in deaths and infections from China’s coronavirus, said Marc Chandler, managing director with Bannockburn Global Forex.
New Gold releases new life-of-mine plans, posts 4Q adjusted loss
(Kitco News) – New Gold Inc. (TSX, NYSE American: NGD) released updated life-of-mine plans for Rainy River and New Afton Thursday, as well as reporting a fourth-quarter adjusted loss that came in around expectations.
Read moreGold holds gains after U.S. jobless claims rise 2,000 to 205,000
(Kitco News) – Gold maintained overnight gains after Labor Department data Thursday showed that initial weekly U.S. jobless claims rose by 2,000 to a lower-than-forecast, seasonally adjusted 205,000 in the week to Saturday. Spot gold was last up $7.40 …
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