Gold prices higher after mixed IHS Markit PMI data
(Kitco News) – Kitco News reports on IHS Markit manufacturing and service sectors indices for January.
Read moreCommerzbank: ETF gold holdings rise 16 tons so far in 2020
(Kitco News) – Holdings of gold by exchange-traded funds have risen by more than 10 tons so far in 2020, said Commerzbank. The ETFs trade like a stock but track the price of the commodity, with metal put into storage to back the shares.
Read moreGold prices down as risk appetite ticks up
(Kitco News) – Gold prices are lower in early U.S. futures trading Friday. The safe-haven metal on this day is being pressured by upbeat trader and investor attitudes to end the trading week, despite the specter of the coronavirus outbreak worsening.
Read moreBitcoin daily chart alert – Good week for the bears – Jan. 24
(Kitco News) – Bitcoin-U.S. dollar prices are lower again and hit a two-week low in early U.S. trading Friday.
Read moreEndeavour Mining meets guidance
(Kitco News) – In 2020 the company said it will produce 680,000 to 740,000 at an AISC ranging from $845 to $895/oz.
Read moreGold bulls to have the upper hand in 2020, but massive rally is unlikely — INTL FCStone
(Kitco News) – Gold prices are in store for more gains in 2020, but INTL FCStone is ruling out a massive 2019-like rally.
Read moreSearch for missing worker underway at Henty Gold Mine
(Kitco News) – Diversified Minerals and PYBAR Mining Services have been in contact with the family of the affected worker and have provided them with regular updates on the progress of the rescue effort.
Read moreTop trade is silver, says Guggenheim analyst
(Kitco News) – “When you look at the relative values of silver and gold, silver is about 65% below its prior peak while gold is very close to its prior peak,” said Minerd.
Read moreMeandu Mine pays A$600 million to extend Downer contract
(Kitco News) – The Meandu Mine is the largest supplier of thermal coal in southern Queensland. The Tarong and Tarong North power stations are situated near the mine.
Read moreDecember’s junior miner metrics the best in over a year
(Kitco News) – The number of financings by junior and intermediate companies jumped to 274 in December 2019 from 159 in November. Positive project milestones rose to five from four.
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