Two fatalities within 10 days at Great Panther
(Kitco News) – Great Panther said an employee died on Sunday at its processing plant at the Coricancha Mine complex in Peru.
Read moreGold prices see modest fall following Fed minutes showing neutral central bank
(Kitco News) – Gold prices have fallen back into negative territory as the minutes of last month’s Federal Reserve monetary policy meeting show the central bank appears to be in no hurry to adjust interest rates anytime soon.
Gold prices weaker, shows little reaction to FOMC minutes
(Kitco News) – Gold prices are modestly down in early-afternoon U.S. trading Wednesday, following the U.S. data point of the week that was just released—the FOMC minutes.
China’s ‘shadow reserves’ are rising amid trade tensions – ANZ
(Kitco News) – Trade tensions between the U.S. and China have “increased the risk of a financial decoupling” between the two nations, which could have significant ramifications on China’s reserves as well as global supply chains, said Australia and New Zealand Banking Group (ANZ).
Looming last tender for rare pink and red diamonds doubles bids
(Kitco News) – As Rio Tinto (ASX:RIO) teases out the end of production at its Argyle Mine, the miner said Wednesday its latest tender saw double-digit growth in the number of bids, with successful bidders coming from nine countries.
Read moreIf higher gold price won’t boost junior miners, what will?
(Kitco News) – Junior gold miners have lagged the bullion for a few key reasons, primarily due to poor investor perception of the sector, this according to Nick Hodge, founder of The Outsider Club.
Read moreHow to invest in mining when juniors are still uncompetitive
(Kitco News) – Junior miners still cannot compete with broad equities at the moment, and until the markets look elsewhere for returns, generalist investors can turn to mid-cap or senior producers, said Kai Hoffmann, CEO of Soar Financial Group.
Read moreIs passive investing killing the gold sector?
(Kitco News) – Passive funds have taken over the entire investment universe, not just the metals and mining industry, and this trend of ETFs and quantitative funds has been responsible for the slowdown of financing activity in the junior mining space, …
Read moreIs the next gold rush in Quebec?
(Kitco News) – Quebec is named the fourth best mining jurisdiction in the world by the Fraser Institute, and miners in the area have just seen the beginning, this according to Maxime Guilbault, partner at PWC.
Read moreMining is at a crossroads right now – PDAC President
(Kitco News) – The mining sector may experience even less financing activity into 2020, but certain mining juridictions appear to be booming, this according to Felix Lee, President of the Prospectors & Developers Association of Canada (PDAC).