Yamana Gold Raises C$20.1 Million Through Sale Of More Brio Shares

Yamana Gold Inc. (TSX: YRI; NYSE: AUY) says it has completed a secondary offering of 6 million shares of Brio Gold Inc. at a price of C$3.35 each, for total proceeds of C$20.1 million, to an “arm’s-length” institutional shareholder.

Gold Sees Corrective Rebound To Start Trading Week

Gold prices are modestly higher in early U.S. trading Monday. Short covering in the futures market is featured on this first trading day of the week

On to the Next One…

Just when it was time to unpack lighter clothes after the BMO Metals and Mining conference…it’s time to prepare for chillier Toronto temperatures as the PDAC 2017 kicks off this weekend.

Gold Investors To Brood Next Week, Waiting For March Rate Hike

(Kitco News) – Not only is gold ending its four-week winning streak but the market is seeing its worst weekly loss in almost four months and analysts warn that the trend is not likely to change with sky-high expectations of an interest rate hike in les…

Gold Pares Losses As Yellen, In Q&A, Appears to Back-Pedal On March Rate

(Kitco News) – Gold prices are presently trading just slightly lower and have erased much of their earlier losses in early-afternoon dealings Friday.

Gold Sees Little Reaction To Yellen Remarks, Holding At Lower Levels

Gold prices remain moderately lower in early-afternoon dealings Friday, as the market did not show much reaction to prepared comments from Federal Reserve Chair Janet Yellen.

Gold Prices Weak But Off Lows After Yellen Comments Support March Move

(Kitco News) – Gold price remain weak but are off their lows, despite comments from Janet Yellen that highlighted the possibility of an interest rate hike March 15.

Wall St. Bearish On Gold On Higher U.S. Rate-Hike Expectations

Expectations for U.S. interest rates did an about-face this week, and so did the outlook for gold among Wall Street traders and analysts in the weekly Kitco News gold survey.

The Digital Revolution Begins, Five Finalists For #Disrupt Mining At PDAC 2017

(Kitco News) – Once again the ongoing technical revolution will be in the spotlight at the Prospectors and Developers Association of Canada conference as Goldcorp and Integra Gold highlight the five finalists of their #DisruptMining Campaign.

Gold Remains Under Pressure Following U.S. ISM Service-Sector Data

(Kitco News) – Gold prices continue to struggle near their two-week lows as the U.S. service sector shows a pickup in momentum, according to the latest data from the Institute for Supply Management (ISM).

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