Teranga lists record 4Q gold output; financial results held back by unsold inventory
(Kitco News) – Teranga Gold Corp. (TSX: TGZ) Friday reported an adjusted loss in the fourth quarter but noted that revenues would have been much higher, except some $31 million ounces of gold were still unsold at year-end due to an earlier-than-normal …
Read moreSSR Mining 4Q adjusted income soars on higher output, prices
(Kitco News) – SSR Mining Inc. (NASDAQ, TSX: SSRM) late Thursday reported a much higher fourth-quarter adjusted profit than a year ago as revenue rose sharply due to an increase in the amount of gold and silver sold, as well as higher prices.
Read moreGold prices power to 7-yr. high as coronavirus crimps global economy
(Kitco News) – Gold and silver prices are solidly up in early U.S. futures trading Friday. Gold notched another seven-year high, while silver hit a six-week high.
Read moreWheaton Precious Metals edges forecast
(Kitco News) – The gold equivalent ounces was made up of gold at 406,604 oz, silver at 22,544 ounces and palladium at 21,993 ounces.
Read moreAurion Resources tumbles 35% on drill results
(Kitco News) – “Gold grades were possibly impacted by poor core recovery. Other zones in the CDZ showing anomalous gold grades were also possibly impacted by core loss.
Read moreEldorado Gold plans 35% gold production increase
(Kitco News) – The company said 2019 was its highest total production in three years.
Read moreHudbay swings to a loss
(Kitco News) – The drop in copper production was primarily due to lower grades at Constancia and the closure of the Reed mine in Manitoba in August 2018.
Read more‘Buy those silver coins, 24k gold jewelry and quality gold stocks’ — Frank Holmes
(Kitco News) – Should investors be more interested in gold mining stocks versus just buying the physical metal?
Read moreRebound in global economy will weigh on gold and silver prices in 2020 – Capital Economics
(Kitco News) – The gold market is attracting renewed investor interest as prices push to their highest level in seven years; however, one firm is not convinced that the rally can last.
Read moreSilver to hit $19 next and gold doesn’t even have to do much, says Peter Hug
(Kitco News) – Silver prices are starting to catch-up to gold as investor interest comes back to the precious metal, said Kitco Metals global trading director Peter Hug.
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