Kitco Newsn

(Kitco News) – The only factor that could slow gold’s rise is central banks. Emerging markets have been slowing gold purchases due to currency depreciation versus the American dollar, but Morse believes that overall investor demand is strong enough to …

(Kitco News) – Cameco (NYSE:CCJ) announced today that it is extending the temporary production suspension at the Cigar Lake uranium mine in northern Saskatchewan as the effects of the global COVID-19 pandemic persist.

(Kitco News) – In 2019 the mine generated $900 million in revenue.

(Kitco News) – Gold prices have pushed to nearly an eight-year high, and this is only the start as investors should keep an eye on the precious metal’s long-term outlook, according to one gold fund executive.

(Kitco News) – Gold still remains the ultimate safe haven asset, but the road to higher prices could be a bumpy one with several obstacles along the way, this according to The Telegraph’s Tom Stevenson.

(Kitco News) – Many analysts have been comparing gold’s trading pattern during the COVID-19 crisis to that of the 2008 financial crisis, forecasting new record highs for gold.

(Kitco News) – SilverCrest Metals (TSX:SIL) announced Monday a non-brokered private placement of 10,000,000 common shares of the company at a price of C$7.50 per share for gross proceeds of C$75 million.

(Kitco News) – Barrick Gold (NYSE:GOLD) signed an earn-in agreement with Golden Minerals.

(Kitco News) – Yamana Gold (NYSE:AUY) said Monday that it sold shares and warrants of Ross Beaty’s Equinox Gold (TSX:EQX) for net proceeds of C$201 million (US$144.28 million).

(Kitco News) – Yamana Gold (NYSE:AUY) said Monday that it sold shares and warrants of Ross Beaty’s Equinox Gold (TSX:EQX) for net proceeds of C$201 million (US$144.28 million).