(Kitco News) – Junior gold explorers, while off last month’s four-year lows, remain in a holding pattern and continue to underperform major producers. However, the tide could shift as higher gold prices make acquisitions more attractive, according to o…
Junior investors won’t be treated equally when global economy recovers Read More »
Fed and ECB Policies and Precious Metals Moves
Ed Moya kicks off today by recapping the Fed and ECB statements. While both central banks remaining easy with their…
Ed Moya – Senior Market Analyst at OANDA – Thu 30 Apr, 2020 Read More »
(Kitco News) – Gold prices are posting solid losses in midday U.S. trading Thursday and were near daily lows, following the U.S. stock indexes lower as they also extended daily losses.
Gold solidly down Thursday, following sell off in U.S. equities Read More »
It’s the first muriate of potash (MOP) contract since September 2018.
Belarus scores potash contract with Chinese consortium Read More »
(Kitco News) – Unable to repatriate its gold back from the Bank of England (BOE), Venezuela now wants to sell part of it to the United Nations to help with coronavirus relief, according to news reports.
(Kitco News) – Physical demand for gold – consisting of jewelry, industrial uses, central-bank purchases and retail buying of bars and coins – fell by 26% year-on-year to 753 metric tons in the first quarter, the lowest level since 2009, as high prices…
Physical gold demand falls in 1Q; investment may fuel rally to $1,800/oz – Refinitiv Read More »
Teck Resources has been targeted by a hedge fund shareholder that’s pushing the underperforming Canadian miner to divest its energy and coal businesses and consider replacing long-standing CEO Don Lindsay.
Tribeca Investment Partners said making those…
Hedge fund pushes Teck to abandon oil, replace CEO Lindsay Read More »
JSE-listed Wesizwe Platinum achieved increased headline earnings of 5.95c apiece in the year ended December 31, 2019, which is a 212% increase compared with a headline loss a share of 5.31c in the year ended December 31, 2018.
The company reported a …
Wesizwe has concerns over financials despite healthy 2019 profit Read More »
The Competition Tribunal has unconditionally approved Harmony Gold’s acquisition of Mponeng gold mine, other assets and other related liabilities from AngloGold Ashanti. The purchase price includes $200-million in cash, plus a deferred payment of up to…
Competition Tribunal approves Harmony-AngloGold transaction Read More »
Torex Gold Resources (TSX: TXG) is trialling a new underground mining system at its wholly-owned Morelos Gold property in Mexico’s Guerrero state, 180 km southwest…
Torex Gold pilots new underground mining system Read More »
