Bitcoin daily chart alert – Bulls make a stand this week – Dec. 20
(Kitco News) – Bitcoin-U.S. dollar prices near steady in early U.S. trading Friday, following solid price gains and a bullish reversal that occurred Wednesday.
Read moreThe next move for gold prices may surprise you; how this breakout could happen
(Kitco News) – The next move for gold prices may surprise you; how this breakout could happen
Read moreTinka Resources announced C$16 million financing
(Kitco News) – Peru-focused Tinka Resources (CVE:TK) said today that Compañia de Minas Buenaventura SAA has agreed to a financing, a subscription of 65,843,620 common shares at a price of C$0.243 per Common Share for gross proceeds to Tinka of C$16 million.
After five-year suspension, Obuasi pours first gold
(Kitco News) – AngloGold Ashanti (JSE:ANG) said today that its Obuasi Gold Mine poured its first gold.
Read moreAlamos Gold increases credit facility to $500 million
(Kitco News) – Intermedia gold-producer Alamos Gold (NYSE: AGI) upped its credit facility from $400 million to $500 million.
Read moreKirkland Lake maintains guidance, Detour Gold exempted
(Kitco News) – Kirkland Lake (TSE:KL) announced yesterday that it will produce 950,000 to 1,000,000 ounces, unchanged from current full-year 2019 guidance. The all-in-sustaining-cost of gold is expected between $570 – $630. The year-to-date average is $584.
Lucara Diamond exceeds guidance
(Kitco News) – Due to a strong recent tender, Lucara Diamond (TSE:LUC) said yesterday that 2019 revenues are at $192.5 million exceeding the 2019 revenue guidance of $170 – $180 million.
Read moreGold, silver bulls step in to buy despite keener risk appetite
(Kitco News) – Gold and silver prices are firmer and trading near session highs at midday Thursday.
Read moreInflation garners little attention for 2020, but gold market is watching
(Kitco News) – There is a global push under way to drive inflation higher and while that could be good for gold, it is not clear central banks will achieve their goal.
Read moreGold prices ignore 1.7% drop in U.S. existing home sales in November
(Kitco News) – Gold prices are holding on to modest gains but seeing little change as fewer U.S. consumers bought homes in November, according to the latest data from the National Association of Realtors (NAR).