Gold prices down as stock markets resume rallies
(Kitco News) – Gold prices are moderately lower in early U.S. trading Wednesday, as global equity markets have jumped back into rally modes following last week’s pullbacks.
Iamgold reports work stoppage at Rosebel mine
(Kitco News) – Iamgold Corp. (TSX: IMG; NYSE: IAG) has suspended operations at its Rosebel Gold Mine in Suriname in a dispute with the union over COVID-19 protocol, the company announced late Tuesday.
Read moreBitcoin daily chart alert – Present pause not bearish – Jun. 17
(Kitco News) – Bitcoin-U.S. dollar prices are near steady early Wednesday. A price uptrend on the daily chart has stalled out but the bulls have stabilized prices and this may be just a pause before the uptrend resumes.
Read moreCommerzbank: Turkey becomes largest official-sector gold buyer in 2020
(Kitco News) – Turkey’s central bank has become the world’s biggest official-sector buyer of gold, said Commerzbank.
Read moreImpala will not exercise Waterberg project option
(Kitco News) – “Implats reiterated their support of both the Waterberg project and the JV Partners and plans to remain an active participant, including funding of their share of costs, subject to future considerations. Implats will not receive credit a…
Read moreFortescue circles 2040 as date for net zero operational emissions
(Kitco News) – Fortescue ships around 170 million tonnes of iron ore per annum (mtpa) and claims to be the lowest cost provider of seaborne iron ore to China.
Read moreSkeena commences pre-feasibility study for Eskay Creek
(Kitco News) – “I am very excited to be joining the Skeena team at this transitional stage in the Company’s history. The PFS is the next step in the evolution of Eskay Creek as we move this high-grade, open-pit project towards development and through to commercial production,” said COO Shane Williams in a news release.
Thieves make off with C$10 million in silver bars
(Kitco News) – The police are asking for tips that could solve the case. Call the Info-Crime line at 514-393-1133. A reward of up to $2,000 will be given to anyone who can provide information leading to an arrest.
Read moreIndia sees half of its gold refineries close after COVID-19 – report
(Kitco News) – India gold refinery landscape is drastically changing after the global coronavirus outbreak with up to half of the country’s gold refineries shutting down, according to a local media report.
Gold, silver gain as central banks show more firepower
(Kitco News) – Gold and silver prices are trading with decent gains in midday U.S. trading Tuesday.
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