Silver Down, But Not Out: Mining CEO
(Kitco News) – The best way for silver producers to survive this lackluster market is to focus on higher-priced base metals, according to one junior mining CEO.
Read moreIn Gold Mining, Canadian Content Is King – CIBC
(Kitco News) – With Canada preparing to celebrate a key milestone, the 150th anniversary of confederation, one Canadian bank is highlighted potential of the nation’s mining sector.
Is Bitcoin The New Gold? “Time Will Tell” Say Analysts
With the potential to revolutionize the financial sector, cryptocurrencies have been compared to gold as they share conspicuous similarities – decentralization and a hedge against uncertainty.
New Canadian System Ensures Conflict-Free Gold-Supply Chain In Congo
Partnership Africa Canada said it launched a new system that can fully trace conflict-free and legal artisanal gold from a mine site in the Democratic Republic of Congo to any consumer.
Read moreGold Ignores 0.8% Drop In Pending Home Sales
(Kitco News) – Gold prices remain unchanged after data revealed further weakness in the U.S. housing sector as fewer consumers are starting the process of buying a home.
Read moreHawkish Central-Bank Talk To Keep Lid On Gold… For Now – ABN AMRO
(Kitco News) – While monetary tightening by global central banks could provide an important headwind for gold, one bank remains optimistic on the precious metal, as the market has shown resilience.
Read moreEldorado Gold Trims 2017 Kisladag Guidance But Ups 2018 Outlook
Eldorado Gold (TSX: ELD; NYSE: EGO) has lowered its 2017 estimate of output from the Kisladag mine in Turkey but upped its 2018 outlook as some production is deferred to next year.
Read moreGold Up As Greenback Falters, Equities Bulls Lose Steam
Gold prices are moderately higher in early U.S. trading Wednesday, boosted in part by the sharp drop in the U.S. dollar index the past 24 hours that pushed it to a seven-month low overnight.
Read moreFXTM: Gold Close Above $1,250 Would Encourage More Buying
Gold is stepping higher again and may generate further momentum if the metal can close above $1,250 an ounce, says FXTM research analyst Lukman Otunuga.
Read moreMiners To Opt For Risk-Sharing Partnerships – BMI
Even though commodity prices posted a moderate recovery, mining companies will still be zeroing in on debt reduction and efficiency for the next year, while trying to share risks, this according to a research firm BMI.
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