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Kirkland Lake Gold Revises Output Guidance Higher

Kirkland Lake Gold Ltd. (TSX, NYSE: KL; ASX: KLA) has upwardly revised its consolidated three-year production guidance. The projection was hiked to a range of 920,000 to 1 million ounces for this year, an improvement over the previous projection of 740…

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Kirkland Lake Gold Revises Output Guidance Higher

Kirkland Lake Gold Ltd. (TSX, NYSE: KL; ASX: KLA) has upwardly revised its consolidated three-year production guidance. The projection was hiked to a range of 920,000 to 1 million ounces for this year, an improvement over the previous projection of 740…

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Weekly Jobless Claims Fall to 215K

(Kitco News) – The U.S. Labor market found some momentum last week as the Labor Department reported stronger-than-expected jobless claims ending a three-week losing streak week.

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Gold Still Softer After Dec. U.S. Durable-Goods Orders Rise 1.2%

Gold prices pared early losses slightly after a Commerce Department report showed U.S. durable-goods orders rose by 1.2% in December, with spot gold was last down $1.70 to $1,336.10 an ounce.

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Gold Prices Remain Down Falling Negative Reading In Philly Fed

(Kitco News) – Gold prices remain under pressure, seeing little reaction to contraction in the manufacturing, according to the latest data from the Philadelphia Federal Reserve.

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Newmont Adjusted 4Q Profit Helped By Higher Gold Output, Lower Costs

Newmont Mining Corp. (NYSE: NEM) Thursday reported a slightly higher adjusted profit in the fourth quarter as a rise in production helped offset lower gold prices, plus costs fell.

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Gold, Silver Prices See Normal Corrective Pullbacks

Gold and silver prices are down in early U.S. trading Thursday, on some profit taking from recent gains and a downside technical correction—both of which are not unexpected.

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Bitcoin Daily Chart Alert – Bulls Have Technical Advantage – Feb. 21

Bitcoin-U.S. dollar prices are slightly lower in early trading Thursday.

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Hecla Mining Lists 4Q Loss On Lower Prices, Sales

Hecla Mining Co. (NYSE: HL) Thursday reported a fourth-quarter net loss as silver output and the price of metals fell from the same period in 2017.

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Slowing U.S. Growth To Give Gold More Room To Rally — Capital Economics

Gold prices hit a 10-month high this week and the rally is not over, according to Capital Economics, which is projecting that the U.S. economy will disappoint markets this year.

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