Kitco Newsn

(Kitco News) – Gold still has an “important role” in the portfolios of investors, said David Tait, chief executive officer.

(Kitco News) – Increasing pressure from market players and significant liquidity issues in the gold market are prompting CME Group to make some changes in how it delivers its physical gold.

(Kitco News) – Exploration activities in Canada will also be suspended during this period.

(Kitco News) – As a result of the illegal blockade, the company said it has temporarily halted mining and processing operations at the San Jose Mine. It maintains a taskforce on site to oversee critical activities to support the appropriate safety and …

(Kitco News) – The company said its exploration program will conclude having completed the full 75-line kilometers of Induced Polarization (IP) and 385-line kilometers of drone Magnetic geophysical surveys, and approximately 2,000-meters of the planned…

(Kitco News) – The Fed is currently scheduled to assess the capital plans for 34 large banks, with results published on June 30.

(Kitco News) – Gold should benefit not only from loose monetary policy but the likelihood that interest rates will remain low for a long time even when the economy starts to recover, said Adrian Day, chairman and chief executive officer of Adrian Day A…

(Kitco News) – Like the rest of the world precious metals mining sector has not proven itself susceptible to the impact of the COVID-19 global pandemic; however, companies still look resilient as the virus takes its toll on the global economy, accordin…

(Kitco News) – Massive gold price revisions are hitting the market this week as analysts estimate the impact of the COVID-19 crisis, with one investment bank upping its Q3 and Q4 gold price forecasts to an impressive $2,500 an ounce.

(Kitco News) – Copper producer First Quantum (TSE:FM) said Tuesday it is temporarily reducing the salary of certain senior staff, including the CEO, by 20%.