(Kitco News) - Coeur Mining, Inc. (NYSE: CDE) reversed to a profit in the second quarter on higher output, the company announced Wednesday.Net income came in at $2.9 million, or 2 cents per share, compared to a loss of $10 million, or 6 cents, in the second quarter of 2017. Adjusted net income from April through June was $1.1 million, or a penny per share, a turnaround from an adjusted loss of $1....Read More

Barrick reported a net loss of US$94 million or 8 cents per share, and adjusted net earnings of $81 million or seven cents per share for the second quarter of 2018.Barrick (NYSE:ABX) traded down -1.18% to US$11.68 as of 5:42 p.m. EDT.Barrick said earnings and cash flow impacted by planned maintenance activities at Barrick Nevada and Pueblo Viejo. The company says it remains on track to meet full-...Read More

- South African gold production collapsed again in May - down 16%- South Africa production has collapsed 85% from 1,000 tonnes in 1970 to 145 tonnes- Long term, ongoing collapse appears to have deepened- Gold price suppression has destroyed gold mining in South Africa and rest of Africa, impacted African economies, jobs and people- 'Peak gold' or 'plateau gold' production is coming as...Read More

Newmont Mining Corp. (NYSE: NEM) is maintaining a quarterlydividend of 14 cents per share. While this is the same as the dividend paidafter the first quarter, the company notes that it is 87% higher year-on-year.The dividend will be payable on Sept. 27 to shareholders of record at the closeof business on Sept. 13. By Allen Sykoraof Kitco News; asykora@kitco.com RoxgoldResources: 2Q Gold Outpu...Read More

The ongoing trade war between the United States and China has forced the Chilean Copper Commission (Cochilco) to revise downwards its average copper price prediction by $0.06 per pound to $3.The state agency also said it expected the metal's price to climb back upwards next year, reaching $3.10 per pound.In terms of output in Chile, the world's largest copper producing country, Cochilco expects...Read More

The jump to Johannesburg allows Dushnisky to finally ascend to the helm of a major gold companyRead full newsRead More

VANCOUVER, British Columbia, July 23, 2018 (GLOBE NEWSWIRE) - Western Resources Corp. ("the Company") is pleased to announce that its wholly owned subsidiary Western Potash Corp. ("Western") has successfully developed a groundwater supply source for the Company's proposed Milestone Phase I Potash Project ("Phase I Project") located 35 km southeast of Regina, Saskatchewan. Water pump test results...Read More

Source: Clive Maund for Streetwise Reports 07/24/2018Technical analyst Clive Maund provides copper, gold, platinum, silver and US dollar updates at what he calls a "key juncture."Commodities, including gold and silver, have plunged to become so deeply oversold that a snapback rally looks likely soon. This could be sharp and could trigger a wave of short covering. Such a rally is likely to be s...Read More

Hedge fund billionaire John Paulson is stepping up his campaign against Canadian gold-miner Detour Gold. Paulson & Co. is pushing for an overhaul of Detour's board and plans to call for a speci...Read full newsRead More

(Reuters) - Canadian miner Barrick Gold Corp (ABX.TO) said on Monday its Chief Executive Officer Kelvin Dushnisky will step down and take the top job at South African gold producer AngloGold Ashanti Ltd (ANGJ.J).Dushnisky, who joined Barrick in 2002, will step down by end-August.(This version of the story has been refiled to correct to 2002 from 2012 in the 2nd Paragraph.)Reporting by Laharee Chat...Read More

Bonterra Resources (TSXV:BTR; OTCQX:BONXF, FWB:9BR1) and Metanor Resources Inc. (Read full newsRead More

(Kitco News) - Gold and silver prices aremoderately lower in early-afternoon U.S. trading Monday. Both metals are notfar above last week’s 12-month lows. The key “outside markets” were bearish forthe precious today as the U.S. dollar index was firmer and crude oil priceswere weaker. Also, the technical postures for gold and silver markets remainfully bearish on a near-term basis....Read More

Nexus Gold CEO Alex Klenman discusses the significant findings on the Bouboulou and Rakounga concessions and what that means going forward.Read full newsRead More

VANCOUVER - De Beers Canada Inc. has signed a deal to acquire Peregrine Diamonds Ltd. in a offer valued at $107 million.Under the deal De Beers will pay 24 cents per share for the company which owns the Chidliak project, located 120 kilometres from Iqaluit.Peregrine also controls the Lac de Gras project in the Northwest Territories near the Diavik diamond mine.The deal, which is subject to the ap...Read More

Keris Lahiff| @kerisalison Published 6 Hours AgoCNBC.com show chapters Gold just entered into a death cross, and some see more pain ahead   12 Hours Ago |03:10 Just when you thought it couldn't get any worse for gold bugs, it has. Gold has sunk into a correction, and some forecast further downside to come.The charts could signal more trouble ahead for the yellow metal, Craig John...Read More

Diesel is out and electric is in at Goldcorp's Borden project in Canada. The all-electric strategy could enable huge cost savings if applied across the portfolio.Read full newsRead More

Experts across the industry said we could soon hit 'peak gold' - the point at which gold discoveries start to decline as there are no more new resources to discover.Read full newsRead More

Koson/Shutterstock.com(Kitco News) - Gold prices are closing in on a bottom, with a significant recovery coming in 2019, said ABN Amro in its monthly commodity update.The August Comex gold futures ended the week on a sour note, touching a fresh 12-month low on Friday and briefly trading at $1,237.50 an ounce before slightly rebounding to $1,241.40, up 0.02% on the day.The metal was hurt by lack of...Read More

Here we go again. Gold can't seemto hold a rally and is now testing the bottom of the range. Failure here couldbe a disaster for the yellow metal, which has struggled mightily since peakingon April 11 at $1,369.Gold is now down almost 10% fromthose lofty levels, nearing correction territory. The $1,235-$1,240 area is theline in the sand, as failure to hold these levels would bring $1,200 into pla...Read More

VANCOUVER, July 11, 2018 /CNW/ - Eldorado Gold Corporation ("Eldorado" or "the Company") today announces the appointment of Philip Yee as Executive Vice President and Chief Financial Officer. This appointment further strengthens Eldorado's leadership team.Philip Yee will join Eldorado in September 2018. Phil has extensive experience as a senior financial executive, having worked for a variety...Read More