Gold miner Centamin’s earnings a share for the year ended December 31, 2019, increased by 17% year-on-year to $0.76. Its earnings before interest, taxes, depreciation and amortisation also increased by 10% year-on-year to $172.9-million, while operatio…
Centamin achieves positive full-year results Read More »
Africa-focused Kibo Energy has signed a binding term sheet with mining company and steelmaker Baobab Resources to supply 200 MW of energy to Baobab’s Tete Steel and Vanadium (TSV) project, in Mozambique. Recognised as a key development project in Mo…
Kibo Energy inks power purchase agreement with Baobab Resources Read More »
Africa-focused Kibo Energy has signed a binding term sheet with mining company and steelmaker Baobab Resources to supply 200 MW of energy to Baobab’s Tete Steel and Vanadium (TSV) project, in Mozambique. Recognised as a key development project in Mo…
Kibo Energy inks power purchase agreement with Baobab Resources Read More »
(Kitco News) – Gold and silver prices are up in early U.S. trading Monday, with silver sharply higher and hitting an 11-week high. Gold futures hit a five-week high overnight, while the spot gold market saw prices reach a seven-year high.
Gold, silver prices rally in tandem with global equities Read More »
(Kitco News) – Amended merger sweetens pot for Guyana Goldfields shareholders in deal with Silvercorp
Amended merger sweetens pot for Guyana Goldfields shareholders in deal with Silvercorp Read More »
(Kitco News) – Bannockburn Global Forex said the next big upside target for gold is $1,800 an ounce. “A four-day rally lifted the yellow metal above $1,750 ahead of the weekend, its best level since late 2012,” analysts said in a research note.
Bannockburn: ‘next big target is $1,800’ for gold prices Read More »
The Association of Mineworkers and Construction Union (AMCU) has reiterated its call for universal testing of all mineworkers.
This follows after 19 new Covid-19 infections were diagnosed at Impala Platinum’s Marula mine, in Limpopo, over the weekend….
AMCU urges govt to make universal testing for mineworkers mandatory Read More »
(Kitco News) – Both the price of gold and amount of metal held by global exchange-traded funds keep rising, said BMO Capital Markets. As of 7:53 a.m. EDT, spot metal was up $18.90 to $1,761.10 an ounce.
BMO: price of gold, ETF holdings both rising Read More »
(Kitco News) – Key events that financial markets will be focusing on this week include minutes of the late-April meeting of the Federal Open Market Committee, a heavy slate of Fed speakers and another expected large rise in U.S. initial jobless claims
BBH: markets to focus on Powell, Fed minutes, jobless claims this week Read More »
(Kitco News) – Bitcoin-U.S. dollar prices are steady to higher Monday. A price uptrend is still firmly in place on the daily chart and bulls have the solid overall near-term technical advantage, to suggest sideways to higher price action in the near te…
Bitcoin daily chart alert – Bulls in keeping chart advantage – May 18 Read More »
