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Aura anticipates 22% to 42% production growth in 2021

(Kitco News) – Aura Minerals (TSX: ORA) announced Friday operational and financial guidance for the financial year ending December 31, 2021.

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Eldorado expects to produce less gold in coming years

(Kitco News) – Eldorado Gold today provided detailed 2021 production and cost guidance and an updated five-year production outlook.

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Why gold is still falling, despite stimulus and weak economic data – Peter Hug

(Kitco News) – Gold’s reaction to bad economic data continues to be weakness; the precious metal is down almost 1% on Friday. Peter Hug, global trading director of Kitco Metals said that is is only a matter of time before the metal reverts course.

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Gold price won’t recover quickly after Friday’s selloff, says Wall Street

(Kitco News) – After a drop below $1,825 an ounce on Friday, gold prices are not likely to recover quickly, at least according to the Wall Street part of the Kitco gold survey.

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Trevali restarts Caribou mine with improved economics

(Kitco News) – Trevali Mining (TSX: TV) today announced the planned restart of operations at its Caribou mine near Bathurst, New Brunswick, which has been on a care and maintenance program since March 2020.

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Resolute did not meet 2020 guidance due to production disruptions

(Kitco News) – Resolute Mining presented today gold production and preliminary cost results for the full-year 2020 and production and cost guidance for the full-year 2021.

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Gold, silver prices drop as U.S. dollar gains

(Kitco News) – On Thursday president-elect Biden proposed a massive aid package near $2 trillion to counter economic harm and fund COVID-19 distribution.

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Silvercorp on track to meet annual production targets in China

(Kitco News) – Today, Silvercorp Metals (TSX/NYSE American: SVM) reported production and sales figures for the third quarter of fiscal 2021 ended December 31, 2020.

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Gold price tumbles to new daily lows as U.S. PPI comes in below expectations

(Kitco News) – Gold tumbled to new daily lows after a slate of negative macroeconomic data, including the U.S. Producer Price Index (PPI), which disappointed expectations in December by rising just 0.3%.

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U.S. retail sales disappoint in December, weighing on gold price

(Kitco News) – Gold prices fell to new daily lows following worse-than-expected retail sales data from December.

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