B.C. miner ices $22M ball mill due to Covid-19 concerns
(Kitco News) – The company said there is a “…near-term copper price uncertainty as a result of the Coronavirus impact to metal prices.”
Read moreWesdome lowers costs on higher grades
(Kitco News) – The operating cash flow for the year was $71.1 million or $0.52 per share. The company invested $25.1 million into its Kiena Complex in Quebec.
Read moreHigher gold prices will quickly lift miners after volatility drops – VanEck
(Kitco News) -Market volatility is having a significant impact on gold prices and gold miners, but one fund manager is recommending that investors look through the noise and focus on the bigger picture: falling bond yields will ultimately drive gold pr…
Read moreWhy is gold not at $1,900 this week? Scotiabank points to this reason
(Kitco News) – Why didn’t gold prices hit $1,900 on Monday when the yield on the benchmark 10-year Treasury note plunged to a record low of 0.318%?
Read moreBC mining and exploration expenditure growth flattens in 2019
(Kitco News) – The positive momentum gained in British Columbia from mineral and coal exploration expenditure between 2016 and 2018 flattened out in 2019, down less than a percentage point totaling $329m, according to the British Columbia Mineral and C…
Read morePretium cuts annual gold production by 29%
(Kitco News) – British Columbia gold miner, Pretium Resources (NYSE:PVG), released an updated mineral reserve Monday that cut its gold reserves and annual gold production by double-digits.
Read moreGold, silver down as U.S. dollar index posts sharp rebound Tuesday
(Kitco News) – Gold prices are solidly lower in midday U.S. futures trading Tuesday, on a corrective pullback after hitting a seven-year high above $1,700.00 Monday.
Read moreGold is a currency hedge against central bank ‘stupidity’ – Insch Kintore
(Kitco News) – Gold has been an overwhelming force in currency markets and while the market could be taking a break in the near-term, there appears to be room for more upside, according to one fund manager.
Read moreBMO: producers’ shares outperforming gold during coronavirus outbreak
(Kitco News) – Share prices of gold producers collectively have fared even better than gold itself over the last one and one-half months since world markets have been dominated by a focus on the impact of the coronavirus outbreak, says BMO Capital Mark…
Read moreKinross: technical report to mean 24% rise in Paracatu gold output
(Kitco News) – Production during the remaining mine life of Kinross Gold Corp.’s (TSX: K; NYSE: KGC) Paracatu operation in Brazil is expected to increase by approximately 24% from its prior technical report published in 2014, said the company on Tuesda…
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