Kitco Newsn

(Kitco News) – There appears to be some light at the end of the tunnel for the European Central Bank as positive economic sentiment appears to be improving.

(Kitco News) – Palladium’s volatility has picked up but the rally remains in tact, said the consultancy Metals Focus. After opening 2020 at $1,945 an ounce, the metal soared 32% to $2,577, but then corrected lower by some $200 in two days, analysts poi…

(Kitco News) – Freeport-McMoRan Inc. (NYSE: FCX) reported a smaller fourth-quarter profit Thursday but said that copper and gold output were higher than its autumn estimate and that copper production should rise in 2020 and 2021.

(Kitco News) – The gold market is seeing little action as momentum in the U.S. labor market remains steady, according to the latest report from the Labor Department reported.

(Kitco News) – Gold and silver prices are a bit weaker in early U.S. futures trading Thursday. The metals are pressured in part by falling crude oil prices that hit a six-week low overnight.

(Kitco News) – Gold prices are holding steady above initial support at $1,550 as the European Central Bank reiterates its stance that it is in no hurry to tighten monetary policy anytime soon.

(Kitco News) – Bitcoin-U.S. dollar prices are lower and hit a nearly two-week low in early U.S. trading Thursday. The Bitcoin bulls need to step up soon and show power to keep their overall near-term technical advantage, as a five-week-old uptrend on t…

(Kitco News) – The company said it will maintain flexibility to produce more if conditions improve. The company noted that lithium carbonte prices dropped 16% and lithium hydroxide declined 19% in Q4.

(Kitco News) – Sandvik said customer activity in the mining industry “remained stable at a high level.”

(Kitco News) – Hudbay is an integrated mining company with copper, molybdenum and zinc operations.