Fortescue Production Hit By Cyclone, Doubles Autonomous Haulage Fleet
(Kitco News) – At Fortescue’s Christmas Creek operation in Western Australia, the company converted 55 trucks to autonomous haulage for a total fleet of 112. The company is also undertaking a light vehicle trial at the mine.
Powerful Greenback Pressures Precious Metals Prices
(Kitco News) – Gold prices are trading slightly lower in early-afternoon U.S. action Thursday, and did hit another four-month low today.
Read moreBeware Of Gold’s Move To $1,250, All Eyes On U.S. GDP Figure Next Week
(Kitco News) – Raging risk-on sentiment continues to keep gold prices down and analysts are worried that things could get worse before they get better.
Read moreMueller finds no Trump-Russia Conspiracy – Download The Report
(Kitco News) – After nearly two-years of investigations, the long-awaited Mueller report could not find evidence that President Donald Trump or anyone on his team colluded with Russia during the 2016 election.
Read moreWall St., Main St. Split On Short-Term Outlook For Gold Prices
(Kitco News) – Wall Street leans slightly bearish and Main Street slightly bullish in the weekly Kitco News gold survey.
Read moreCommerzbank: Central Banks Still Accumulating Gold
Central banks are still adding gold to their reserves, says Commerzbank, citing data compiled by the International Monetary Fund.
Read moreGold Prices Positive On The Day Following Disappointing Flash U.S. PMI Data
(Kitco News) – Gold prices are back in positive territory after sentiment dropped in both the U.S. manufacturing and service sectors.
Read moreHecla: 1Q Silver, Gold Output Up From Year Ago
Hecla Mining Co. (NYSE: HL) reports preliminary first-quarter silver production of 2.9 million ounces, up 15% from 2.5 million in the same period of 2018.
Read moreNewmont, Goldcorp Complete Merger To Form Largest Gold Producer
(Kitco News) – It’s official – Newmont Mining Corp. and Goldcorp Inc. have completed their merger to form Newmont Goldcorp Corp. (NYSE: NEM, TSX: NGT), thereby creating what officials have said will be the world’s largest gold-mining company.