K92 Mining powers through production disruptions in Q3
(Kitco News) – Papua New Guinea’s K92 Mining said Tuesday that Q3 was better than planned at 19,170 oz AuEq (gold equivalent) produced.
Zijin increases Invanhoe Mines stake, CEO named
(Kitco News) – Chinese miner Zijin Mining will increase its share in Ivanhoe Mines to 13.88% in a private share purchase and sale transaction with CITIC Metal Africa and Robert Friedland.
Read moreTrump’s trade tweets weigh on market’s Fed expectations, says Goldman
(Kitco News) – U.S. President Donald Trump’s twitter sessions are affecting the market’s Federal Reserve rate cut expectations, according to Goldman Sachs, which sees gold prices ending the year around the $1,600 an ounce level.
Read moreGold, silver gain amid nervous marketplace
(Kitco News) – Gold and silver prices are firmer in midday U.S. trading Tuesday. There are several geopolitical matters at work that have traders and investors worldwide in a bit of a risk-averse mood.
Read moreBarclays is back in precious metals offering no-fee ETNs for gold and silver
(Kitco News) – More than three years after exiting the gold market, Barclays is back, offering the first-ever no-fee exchange traded notes for gold and silver.
Read moreAnalysts expect to see a boost in physical demand after dismal 2019
(Kitco News) – Investment demand has reached historical levels but the market is not as robust as it looks with physical demand remaining weak. Many precious metals players are now hoping to see a reassurance in demand during critical holiday in key pr…
Read moreMining sector converges on New York City: 121 Mining Conference
(Kitco News) – The 121 Mining Investment Conference in New York will gather institutional investors, private equity groups, and retail investors to meet with companies in the junior mining sector.
Read moreAgnico Eagle achieves commercial production at Amaruq
(Kitco News) – Despite a one-month delay, Agnico Eagle Mines hit its third-quarter target, announcing commercial production at its Amaruq satellite deposit at the Meadowbank Complex.
Read moreU.S.-China trade headlines to dictate gold price direction this week: MKS PAMP Group
(Kitco News) – A case for holding the precious metals as a hedge remains strong, according to TD Securities. “Another ‘earnings recession’ similar to 2015-2016 is seen as a rising risk, along with the risk of a downward multiple reset particularly for growth stocks. In this context
Gold prices push slightly higher following 0.3% drop in U.S. PPI
(Kitco News) – The gold market continues to hold its ground with prices holding above $1,500 an ounce as pipeline inflation pressures fell sharply last month
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