Credit Suisse: ‘gold should react positively’ as U.S. rates, dollar fall
(Kitco News) – Declining U.S. interest rates and pressure on the U.S. dollar should keep boosting gold prices, said Credit Suisse.
Read moreBitcoin daily chart alert – Bulls show power late this week – Mar. 6
(Kitco News) – Bitcoin-U.S. dollar prices are higher and hit a two-week high in early U.S. trading Friday. The bulls have had a good week this week and have negated a price downtrend on the daily bar chart.
Read moreBear Creek announces $400 million credit facility for Peru project
(Kitco News) – Bear Creek Mining (TSX-V:BCM) announced earlier this week that it arranged a $400 million senior secured credit facility with BNP Paribas and Société Générale.
Ferrochrome production down 9% at Merafe
(Kitco News) – Merafe Resources (JSE:MRF) said earlier this week that its full-year ferrochrome production was down 9% due community unrest and increased electricity curtailments from Eskom.
Read moreNewmont sells Continental Gold stake for $260 million
(Kitco News) – Newmont (NYSE:NEM) today announced it completed the sale of its 19.9% equity stake and convertible bond in Continental Gold for $260 million in cash.
Read moreGold sharply up as U.S. stocks plummet in high volatility
(Kitco News) – Gold prices are sharply higher in midday U.S. futures trading Thursday, on keen safe-haven demand as the U.S. stock market is sharply down on the day.
Read moreGold should be at the top of every investors’ list – CRU
(Kitco News) – On an investment spectrum gold is at the top of the list, energy commodities at the bottom and base metals somewhere in the middle, according to one research firm.
Read moreSouth Australia gov’t offers $250,000 data challenge to find the ‘next Olympic Dam’
(Kitco News) – The South Australia government announced a competition for data specialists to interrogate its open-file datasets to uncover mineral discoveries in within the state’s Gawler Craton.
Read moreNewmont, Barrick trade up on gold
(Kitco News) – Newmont Mining and Barrick Gold are both at 52-week highs, gaining from gold’s big move higher.
Read moreFortuna Silver Mines wins stay of execution over mining concession
(Kitco News) – Fortuna Silver Mines, Inc. (NYSE: FSM; TSX: FVI) reported Thursday that the company has received a stay of execution preventing Mexican authorities from canceling the concession for the San Jose mine until the court makes a decision on t…
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