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Gold price still holding steady following strong ISM service sector data

(Kitco News) – The gold market is seeing a little selling pressure in reaction to renewed positive sentiment within the U.S. service sector, according to the latest data from the Institute of Supply Management (ISM).

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Hecla reports record level of silver reserves

(Kitco News) – Helca Mining Co. (NYSE: HL) appears to bucking the trend of dwindling reserves, according to its exploration update.

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Metals Focus: Gold-sector M&A rises in 2019; return to 2010 deal-making not likely

(Kitco News) – Merger-and-acquisition activity in the gold sector rose in 2019 to the highest level since 2010, but a return to the widespread, costly deal-making of a decade ago is not likely given producers’ shift toward capital discipline, said the consultancy Metals Focus.

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Commerzbank: palladium boosted by improved risk sentiment

(Kitco News) – Improved risk appetite in markets generally is having a “very noticeable impact on palladium,” said Commerzbank.

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Gold sees mild overnight bounce thwarted by strong ADP jobs number

(Kitco News) – Gold prices are slightly down in early U.S. futures trading Wednesday, and saw a mild corrective bounce overnight erased by a strong U.S. economic report just released.

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Gold price holding firm following 291K growth in private sector employment

(Kitco News) – Gold prices are holding firm around critical initial support as private sector jobs creation significantly beat with expectations in January, according to private payrolls processor ADP.

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Bitcoin daily chart alert – Bulls remain resilient at mid-week – Feb.5

(Kitco News) – Bitcoin-U.S. dollar prices are higher in early U.S. trading Wednesday. Bulls remain in near-term technical control.

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Continental Gold discovers bonanza-grade gold

(Kitco News) – Continental Gold (TSX:CNL) announced yesterday a new high-grade vein discovery in an underground development at Buriticá, including drill results of 60.9 g/t gold along 50 meters.

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Ora Banda Mining increases mineral resource by 190% to 206,000 oz of gold

(Kitco News) – Australia-focused Ora Banda Mining (ASX:OBM) said today its Waihi Mineral resource, indicated and inferred, increased by 190% to 2.46 Mt at 2.6 g/t Au for 206,000 oz Au.

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Paladin Energy appoints new CEO

(Kitco News) – Australian-based Paladin Energy announced today that Ian Purdy is the company’s new CEO.

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