Hecla Mining Posts 1Q Loss, Suspends Guidance For Nevada Ops
(Kitco News) – Hecla Mining Co. (NYSE: HL) Thursday reported a loss for the first quarter due to a disappointing performance at its Nevada mines and said it was suspending guidance for operations in the state while the company conducts a review.
Read morePan American Silver Lists 1Q Profit, Updates Guidance After Merger
(Kitco News) – Pan American Silver completed the acquisition of all shares of Tahoe
Resources Inc. on Feb. 22.
Gold At $1,350 Is A ‘Tough Nut To Crack’ — Scotiabank
(Kitco News) – A new jolt of energy is needed to wake gold up this year, said Scotiabank while adjusting its previous “long gold” 2019 investment theme.
Read moreWheaton Reports Adjusted Profit, Record Gold Sales
(Kitco News) – Streaming company Wheaton Precious Metals Corp. (TSX, NYSE: WPM) reported a dip in its adjusted profit for the first quarter late Wednesday but also listed record gold sales and maintained its dividend.
Read moreTurning Old Tailings Into A Mine
(Kitco News) – Heron Resources expects the project to produce three concentrates at an average annualised gross production rate at steady-state of 40,000t zinc, 10,000t copper, 12,000t lead, 900,000 ounces silver and 4,000 ounces gold over an initial m…
Read moreGina Rinehart’s Hancock Prevailing In Bid For Alberta Met Coal Project
(Kitco News) – Rinehart is one of Australia’s wealthiest people. Forbes puts her estimated net worth at A$14.8B (US$10.35B).
The U.S. Is Losing This Race To China & Europe – Expert
(Kitco News) – Global demand for lithium is on the rise, but one financial expert said current government policies have restricted America’s ability to capitalize on this emerging market.
Read moreThe Pause Before The Bull Run In Commodities – 121 Mining Investment
(Kitco News) – Growing stability in the U.S. economy is pushing equity markets to record highs but now is the time when investors should look for value, and there is no better place to start than the resource sector, according to one executive of an ex…
Read moreGold Loses Early Gains As U.S. Equities Recover
(Kitco News) – Gold prices are moderately lower in midday U.S. trading Wednesday. Some safe-haven demand overnight and in early U.S. action gave way to selling pressure tied to a tweet from President Trump that sounded upbeat on a U.S.-China trade deal…
Read moreIHS Markits Predicts One More Rate Hike; Gold Prices To Another 2.5%
(Kitco News) – The gold market, struggling to push back above $1,300 an ounce, could face further headwinds later in the year as one research firm sees one more interest rate hike on the horizon.
Read more