First Majestic acquires silver stream on First Mining’s Springpole project
(Kitco News) – First Majestic Silver Corp. (NYSE: AG; TSX: FR) has agreed to acquire a stream on 50% of the payable silver produced from the Springpole gold project in Ontario, the companies announced Thursday.
Read moreAnother 1.54 million Americans file initial jobless claims; gold remains lower
(Kitco News) – Americans filed a seasonally adjusted 1.54 million first-time jobless claims in the week to Saturday, the Labor Department said Thursday. After the data, spot gold did not move much and remained on the defensive, down $17.40 to $1,721.90…
Read moreGold price pushing higher following 0.4% rise in U.S. PPI
(Kitco News) – Mixed Inflation pressures could be an obstacle for the Federal Reserve as it looks to maintain low interest rates through 2022.
Read moreSilvercorp won’t match higher offer for Guyana Goldfields
(Kitco News) – Silvercorp Metals Inc. (TSX, NYSE American: SVM) will not match a higher proposal from a third party to acquire Guyana Goldfields Inc. (TSX: GUY), the company said late Wednesday.
Read moreWhere is gold headed next week? Vote now!
(Kitco News) – Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short-term
Read moreGold, silver prices up as risk aversion back in play
(Kitco News) – Gold and silver prices are higher in early U.S. trading Thursday, on safe-haven demand amid a global marketplace that has become anxious again.
Read moreBitcoin daily chart alert – Bulls keep price uptrend alive – Jun. 11
(Kitco News) – Bitcoin-U.S. dollar prices are a bit weaker Thursday morning, as the market continues to pause after hitting a 3.5-month high last week.
Read moreWorkers at Chile’s Codelco threaten work halt to quarantine against coronavirus
SANTIAGO (Reuters) – Unionized workers at Chile’s state-run Codelco, the world’s largest copper miner, said on Wednesday they were weighing walking off the job at some sites in order to implement a self-imposed quarantine after one of their members died from COVID-19.
BMO: Fed dovishness ‘should be supportive of gold’
(Kitco News) – Signals from the Federal Open Market Committee on the future of monetary policy Wednesday bode well for gold prices, said BMO Capital Markets.
Read moreMegumaGold and and Osprey Gold Development merge
(Kitco News) – MegumaGold (CSE:NSAU) and Osprey Gold (TSXV:OS) said today they plan merge businesses. The new entity will focus on reactivating the historic mining camps of Nova Scotia, Canada.
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