Santacruz Silver Reports First-Quarter Profit

Santacruz Silver Mining Ltd. (TSXV: SCZ) reports a profit in the first quarter as output rose from the fourth quarter although it was down from the year-ago period.

Gold Firmer On Bullish Technicals, Weak Greenback

(Kitco News) – Gold prices are modestly higher in early U.S. trading Wednesday. A price uptrend on the daily chart is prompting some chart-based buying interest, while a down-trending U.S.

Rare Green Diamond Discovered In South Africa

Canada’s Diamcor Mining said it unearthed a rough 5.36-carat green octahedron diamond from its Krone-Endora project in South Africa.

Gold Down On Profit Taking, Weaker Crude Oil

(Kitco News) – Gold prices ended the U.S. day session moderately lower Tuesday, on a corrective pullback after hitting a four-week high overnight.

Gold Remains Down Despite Fall In Consumer Confidence

(Kitco News) – The gold market remains under pressure but off its lowest, following a larger-than-expected drop in U.S. consumer confidence.

Gold Market Braces For Fed Rate Hike

(Kitco News) – Gold prices slid modestly lower in early trading Tuesday as two-way trade emerges following Friday’s gains.

Commerzbank: High Palladium Price Not Justified

Commerzbank analysts question whether palladium will be able to maintain upward momentum after the metal poked above $800 an ounce Monday, thus recovering by around $50 from the two-month low it hit at the beginning of last week.

Metals See Profit Taking On Stronger Dollar

Metals are seeing some mild profit taking as traders return from the long weekend.

Lundin: Construction Of Mine Facilities Begins At Fruta Del Norte

Lundin Gold Inc. (TSX: LUG) reports the construction has begun on mine-development-support facilities for its Fruta del Norte Project in Ecuador.

Gold Down On Technical Correction From Recent Gains

(Kitco News) – Gold prices are moderately down in early U.S. trading Tuesday, on a corrective pullback after hitting a four-week high overnight.

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