Private coal miner with 7,000 workers files for bankruptcy
(Kitco News) – The coal company is another victim of cheap natural gas and energy utilities turning away from coal. Murray Energy has 7,000 employees and 17 active coal mines. It has operations in Alabama, Illinois, Kentucky, Ohio, Utah, and West Virgi…
Read moreWhy this time, the gold bull rally is here to stay, says Auryn executive chairman
(Kitco News) – Investors shouldn’t pay attention to short-term volatility. Instead, they should keep their eye on the long-term uptrend for gold and silver says one mining CEO.
Miner suspends blasting, stock drops
(Kitco News) – Northern Ireland miner Galantas Gold announced today a temporary suspension of blasting operations at its Omagh mine.
Read moreGold, silver bulls hoping for help from easy FOMC
(Kitco News) – Gold and silver prices are weaker in early-afternoon New York trading Tuesday. The gold and silver bulls have faded this week as competing-asset U.S. stock market saw its indexes on Monday hit record highs.
Read moreInvestors should not buy mining companies if they are not adding value in these ways
(Kitco News) – Senior precious metals producers have hit a sweet spot where costs are going down and higher precious metals prices are going up, creating strong margins, but the question is what should companies be doing with that money?
Read moreU.S. Pending Home Sales surprise on the upside in September, gold prices tick up
(Kitco News) – U.S. housing data showed that more consumers than expected committed to buying a home in September, according to the National Association of Realtors (NAR).
Read moreGold edges up from daily lows as U.S. consumer confidence misses expectations in October
(Kitco News) – Gold prices ticked up from daily lows after a reading of October’s U.S. consumer confidence index came in below expectations.
Gold down due to Fed anxiety, options expiry Monday – RBC Wealth Management
(Kitco News) – Positive Brexit news and a likely hawkish sounding Federal Reserve are to keep prices at lower levels, say strategists at TD Securities.
Read moreGold, silver prices down; FOMC meeting in focus
(Kitco News) – Gold and silver prices are moderately down in early U.S. trading Tuesday. The gold and silver bulls are fading this week as the U.S. stock market saw its indexes on Monday hit record highs
Read moreBitcoin daily chart alert – Bulls in near-term technical control – Oct. 29
(Kitco News) – Bitcoin-U.S. dollar prices are firmer in early U.S. trading Tuesday. The huge move up in the cash market over the weekend to five-week highs has given the bulls the firm overall near-term technical advantage.
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