Diversified miner Anglo American has acted with resilience in the face of the global Covid-19 pandemic, which has affected many of its operations in different countries, with some commodities being affected more significantly than others, CEO Mark Cuti…
(Kitco News) – Steps to further end strict lockdown measures is helping to boost manufacturing sentiment within the Philadelphia region according to the latest report from the Philadelphia Federal Reserve.
Philly Fed Survey sees continued improvement in regional manufacturing sector Read More »
Azerbaijan’s leading gold mining company, Anglo Asian Mining, kept its 2020 guidance on Thursday as it reported an 18.8% decline in first-half gold output to 27 922 ounces.
Anglo Asian produces gold at Gedabek and other Azeri mines in a joint venture …
Anglo Asian’s Azerbaijan H1 gold output down 18.8%, keeps outlook Read More »
(Kitco News) – Surging COVID-19 cases through the summer continues to take its toll on the U.S. labor market as 1.3 million Americans filed for first-time jobless claims in the week to Saturday, the Labor Department said Thursday.
1.3 million Americas file for first-time jobless claims Read More »
(Kitco News) – Gold prices edged up, but were still down on the day, after better-than-expected retail sales from June.
Gold prices see an uptick as U.S. retail sales surprise on the upside in June Read More »
Diamond miner De Beers reported a 54% year-on-year decrease in production to 3.5-million carats in the second quarter of the year.
This was owing to the Covid-19 lockdown measures in South Africa, Namibia, Botswana and Canada where the miner operates.
Low rough diamond demand hits De Beers hard in second quarter Read More »
(Kitco News) – (Kitco News) – Gold and silver prices are modestly lower in early U.S. trading Thursday, on some more routine profit taking from the shorter-term futures traders after recent good gains.
Gold, silver prices dip on normal profit taking Read More »
(Kitco News) – The gold market remains under modest selling pressure as the ECB hold a steady course on interest rates and extremely accommodative monetary policy.
Gold price remains under pressure as ECB holds steady course Read More »
Aim-listed BlueRock Diamonds, which owns and operates the Kareevlei diamond mine in Kimberley, South Africa, has conditionally raised gross proceeds of about £1.2-million in an oversubscribed placing and subscription of more than 3.5-million new ordina…
BlueRock raises £1.2m for Kareevlei expansion Read More »
(Kitco News) – Global lockdown measures in the second quarter, due to the spread of the coronavirus, continue to have a limited impact on gold mining as one of the largest producers in the world said it is on track to achieve its 2020 production targets.
Barrick Gold maintains 2020 production targets following solid Q2 Read More »
