Yamana Gold completes sale of royalty portfolio for $65 million
(Kitco News) – Yamana Gold Inc. (TSX: YRI; NYSE: AUY) has completed the previously announced sale its royalty portfolio to Nomad Royalty Co. Ltd. (formerly Guerrero Ventures Inc.) for $65 million, the company announced late Wednesday.
Read moreGold maintains gains after U.S. durable-goods orders fall 17.2% in April
(Kitco News) – Gold prices held onto early gains gains after a Commerce Department report Thursday showed that U.S. durable-goods orders fell by 17.2% during April. Spot gold was last up $12.50 to $1,722.20 an ounce.
Read moreGold prices steady as U.S. Q1 GDP falls 5%
(Kitco News) – Gold prices are pushing modestly higher, seeing a little reaction to weaker than expected first-quarter U.S. gross domestic product data.
Read moreAnother 2.12 million Americans file initial jobless claims; gold remains higher
(Kitco News) – Another 2.12 million Americans filed for first-time U.S. jobless claims in the week to Saturday, the Labor Department said Thursday. Spot gold held onto most of its early gains, last trading up $11.60 to $1,721.30an ounce.
Read moreGold prices gain as risk aversion upticks late this week
(Kitco News) – Gold and silver prices are trading moderately higher in early U.S. trading Thursday, as safe-haven demand has returned to the metals after a brief absence.
Read moreMetals Focus: U.S., Germany account for most April Swiss gold exports
(Kitco News) – The U.S. and Germany accounted for most of the gold exports out of Switzerland last month, as Swiss trade data showed a marked change from the norm as key Asian gold-consuming nations imported almost none, said Metals Focus.
Read moreBitcoin daily chart alert – Bulls maintaining chart advantage – May 28
(Kitco News) – Bitcoin-U.S. dollar prices are slightly higher early Thursday. The bulls this week stabilized the market following some recent selling pressure.
Read moreEquinox Gold receives $145 million from exercise of warrants
(Kitco News) – “With a strong balance sheet and cash flow from a diversified portfolio of producing gold mines, Equinox Gold is well positioned to manage the COVID-19 pandemic and is fully funded to advance its pipeline of growth projects toward one mi…
Read moreWesdome delivers PEA with after-tax IRR of 102%
(Kitco News) – Wesdome highlighted the after-tax IRR of 102%, and an after-tax NPV (discount rate 5%) $416 million.
Read moreCopper demand to fall 5.4% in 2020
(Kitco News) – Global copper demand is forecast to drop 5.4% to 22.625 million tonnes, said the International Wrought Copper Council today.
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