(Kitco News) – Goldman Sachs remained bullish on gold for the long haul due to potential of a “shock to the global economy” following the COVID-19 outbreak. Nevertheless, it trimmed the forecast for the next half year as a result of potentially less ce…
Goldman sticks to $1,800 gold price in 12 months Read More »
(Kitco News) – Freeport-McMoRan Inc. (NYSE: FCX) has put its Cerro Verde mine in Peru on “care and maintenance” for 15 days in response to measures taken by the Peruvian government to contain the COVID-19 outbreak, the company said Tuesday.
Freeport halts Cerro Verde mining for 15 days due to gov’t COVID-19 rules Read More »
(Kitco News) – Freeport-McMoRan Inc. (NYSE: FCX) has put its Cerro Verde mine in Peru on “care and maintenance” for 15 days in response to measures taken by the Peruvian government to contain the COVID-19 outbreak, the company said Tuesday.
Freeport halts Cerro Verde mining for 15 days due to gov’t COVID-19 rules Read More »
(Kitco News) – Banks have slashed their global and U.S.-specific growth forecasts due to the COVID-19 outbreak, stating that recession is on its way.
Recession is coming; gold prices to hit new record highs, but when? Read More »
(Kitco News) – Gold is finally digging in its heels and fighting back – at least trying to stabilize – although traders caution that it’s too early to say the metal won’t get bullied any more.
Gold price ‘trying to find its footing’ after recent sell-off Read More »
(Kitco News) – Gold and silver markets are staging strong rebounds in late-morning price action Tuesday. The rallies came in the aftermath of the Federal Reserve announcing it is reopening its emergency commercial paper funding program that was used in…
(Kitco News) – Newmont Corp. (NYSE: NEM, TSX: NGT) will be ramping down mining operations at the Yanacocha mine in Peru as a result of restrictions instituted by the government in response to the global coronavirus outbreak, the company announced Tuesd…
Newmont ramping down Yanacocha gold mining due to gov’t coronavirus rules Read More »
(Kitco News) – Gold and silver prices have been hammered this week, with gold hitting a multi-month low and silver prices careening to an 11-year low. However, these two precious metals are not alone in their big price beatdown.
Gold, silver prices plummet recently, but if misery loves company this is it Read More »
(Kitco News) – Gold prices are back above $1,500 an ounce as the Federal Reserve is expected to announce new measures to pump more liquidity into the economy.
(Kitco News) – Sabina Gold & Silver Corp. (TSX: SBB) is deferring its spring drilling program at the Goose site on its Back River gold project in Nunavut, Canada, until later this year as a precautionary measure due to the COVID-19 virus outbreak aroun…
Sabina suspends Goose drilling as precaution due to COVID-19 Read More »
