Pretium Profitable In 2Q; New Brucejack Mine Meets Guidance
Pretium Resources Inc. (TSX, NYSE: PVG), which is ramping up production at the Brucejack Mine since commercial operations began last summer, reports second-quarter net earnings of $31.1 million, or 17 cents per share.
Read moreIs It ‘Game Over’ For Bitcoin? Technicals Point To Cryptocurrency Dropping To $4,000
Just as bitcoin was starting to look better and trading above $8,000, prices are down again and technical analysts are warning that there could be more trouble ahead for the popular cryptocurrency.
Read moreNo Rally For Gold Until Mid-2019, Says Capital Economics
This summer’s deflated gold prices will not receive any significant boost until the second half of next year, said Capital Economics while revising its 2018 year-end forecast from $1,300 to $1,200 an ounce.
Gold, Silver Bulls Working To Stabilize Prices
Gold and silver prices are steady to slightly higher in quieter early-afternoon U.S. trading Thursday.
Read moreBond Yields Below 3% Supporting Gold Prices – DailyFX
(Kitco News) – U.S. long-term bond yields unable to rise above 3% could be bullish for gold prices in the near term, according to one research firm.
Read moreHecla Mining Reports Second-Quarter Profit
Hecla Mining Co. (NYSE: HL) reported a profitable second quarter Thursday as the cash cost of producing an ounce of silver, after byproduct credits, was in negative territory.
Read moreGold Gets Modest Lift From PPI Miss
Gold prices are modestly higher in early U.S. dealings Thursday.
Read moreU.S. Jobless Claims Fall 6,000 To 213,000
Kitco News reports on U.S. jobless claims in week to Aug. 4
Read moreGold Prices Holding Gains Following Weak U.S. PPI Reading
(Kitco News) – The gold market is holding its own as U.S. wholesale inflation pressures rose less than expected last month.
Read moreFranco Nevada Second-Quarter Profit Rises
Royalty and streaming company Franco Nevada (TSX, NYSE: FNV) reports a second-quarter net profit of $53.6 million, or 29 cents per share, up from $45.6 million in the same quarter a year ago.
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