Pan American Lists 4Q Adjusted Loss; Tahoe Merger Near Completion
Pan American Silver Corp. (Nasdaq, TSX: PAAS), the world’s second-largest primary silver producer, reported an adjusted loss in the fourth quarter as metals prices and sales fell.
Coeur Mining Posts Rise In 4Q Adjusted Net Income
Coeur Mining, Inc. (NYSE: CDE) late Wednesday reported adjusted net income for the fourth quarter of $16.1 million, or 8 cents per share, up from $14.1 million, also 8 cents, in the same quarter of 2017.
Read moreIamgold Reports Adjusted Loss For Fourth Quarter
Iamgold Corp. (TSX: IMG; NYSE: IAG) late Wednesday reported an adjusted loss for the fourth quarter of $16.1 million, or 3 cents per share, compared to a year-ago adjusted loss of $13.8 million, also 3 cents.
Read moreThe Party Could Be Over For Stocks Soon, Says CME Group
The equities rally we’ve seen in 2019 so far won’t last forever, said Erik Norland, senior economist at the CME Group.
Gold Prices Weaken Following FOMC Minutes; Normal Profit Taking Featured
Gold prices are trading moderately down in early-afternoon U.S. trading Wednesday. The yellow metal has seen its price back off after the release of the Federal Reserve’s FOMC minutes.
Gold Edges Down As Fed Minutes Offer Clues Into January’s Policy Reversal
Gold prices nudged slightly lower following the release of the January’s Federal Reserve monetary policy meeting minutes, with the overall market reaction remaining fairly muted.
Palladium Hits $1,500 But Analysts Ask If Momentum Can Last
(Kitco News) – Palladium prices continue to soar higher, briefly touching $1,500 an ounce early in Wednesday’s trading session, but some analysts are warning that like the Greek fable of Icarus, the metal could be soaring too close to the sun.
Where Is Gold Headed Next Week? VOTE NOW!
Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short-term.
Read moreChanges In Federal Reserve, Other Central Banks’ Monetary Policies Beneficial For Metals Markets
Many world commodity markets had seen downward price pressure the past several months due to demand concerns that stemmed from perceptions of slowing global economic growth and the prolonged trade dispute between the U.S. and China-the two largest eco…
Read moreStrong Demand For Gold During Lunar New Year Celebrations – Metals Focus
(Kitco News) – While renewed investor demand for gold is attracting market attention as prices trade near a 10-month high, one research firm is also citing strong physical demand for the precious metal in the world’s largest gold-consuming nation.