Kitco Newsn

(Kitco News) – Firestone Diamonds (AIM:FDI) recovered a 54-carat fancy yellow diamond from its Liqhobong Mine in Lesotho, the company announced today.

(Kitco News) – Wanting to eliminate single-asset risks, Atico Mining (CVE:ATY) acquired Toachi Mining (CVE:TIM) in an all-stock deal.

(Kitco News) – The gold market has hit a bit of a stumbling block as prices have dropped due to shifting U.S. monetary policy expectations. But one precious metals firm think that gold prices have room to move higher.

(Kitco News) – Gold prices are near steady on the day, after experiencing a two-sided trading session to start the first full trading week of July and of the second half of the year.

(Kitco News) – Gold prices have lost their moderate gains seen earlier, in late-morning trading Monday.

(Kitco News) – A “solid” June payrolls report is not enough to break the current bullish sentiment in the gold market as prices hold above $1,400 an ounce.

(Kitco News) – Orex Minerals Inc. (TSXV: REX) and a subsidiary of Pan American Silver Corp. (TSX, Nasdaq: PAAS) have agreed to negotiate a new joint-venture agreement for the Sandra Escobar project in Mexico, Orex announced Monday.

(Kitco News) – Gold has bounced from Friday’s post-jobs sell-off, when a 224,000 rise in nonfarm payrolls left market participants thinking the Federal Reserve may not be as aggressive cutting interest rates as previously thought, said George Gero

(Kitco News) – Gold prices are moderately higher in early U.S. trading Monday.

(Kitco News) – The binge in central-bank gold buying continued when the People’s Bank of China announced at the start of the week that it added another 10.3 tonnes of the precious metal to its holdings, analysts said.