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Allen Sykora

Allen Sykora

Senior Reporter

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Allen Sykora reports on precious metals and the mining industry for Kitco News. He has covered foreign-exchange and commodity markets for Futures World News, Dow Jones Newswires and Kitco for 25 years. He holds a mass communications degree from Mankato State University in Minnesota and worked as a reporter and editor at newspapers in Minnesota, Iowa and Alaska before becoming a financial journalist.

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Comex Gold Bounces From 50-Day Avg.; Price Nears 20-Day

Gold futures have held chart support around one of the widely followed longer-term moving averages and are not threatening one of the short-term ones.

Mitsubishi: Gold Price 'Will Most Likely Once Again Break Above $1,300'

Mitsubishi looks for gold to regain the $1,300-an-ounce level due to political and geopolitical worries, assuming the U.S. dollar does not flex its muscles too much.

Fund Managers Trim Bullish Gold Positioning During Price Retreat

Money managers finally trimmed their bullish positioning in gold futures during the latest reporting week for data gathered by the Commodity Futures Trading Commission, after they had been net buyers for more than two months.

Endeavour Mining: Commissioning Begins At Houndé Gold Project

Endeavour Mining Corp. (TSX: EDV) says wet commissioning has begun at its Houndé gold project in Burkina Faso, with the first ore introduced to the process plant milling circuit in preparation for production.

Wall St., Main St. See Gold Prices Regaining Their Shine

Wall Street is sticking with its bullish outlook and has been rejoined by Main Street in the weekly Kitco News gold survey.

Tahoe Resources Increases Guidance For Gold Output

Tahoe Resources Inc. (TSX: THO, NYSE: TAHO) has upwardly revised 2017 guidance for gold output to between 400,000 and 450,000 ounces, compared to 375,000 to 425,000 previously.

Price Futures Group’s Flynn: Gold To Bounce From 'Oversold' Levels

Look for gold to bounce next week, says Phil Flynn, senior market analyst with at Price Futures Group.

Alio Gold Gets Land-Use Approval For Ana Paula Project

Mexico’s secretary of environment and natural resources has approved an application to change the land use for Alio Gold Inc.’s

Argonaut Gold Expands Mineral Resources

Argonaut Gold Inc. (TSX: AR) announces increases in pit-constrained mineral resource estimates for its operating mines.

Pretium Resources: Ramp-Up Continues For Brucejack Gold Mine

Pretium Resources Inc. (TSX, NYSE: PVG) reports continued progress in the ramp-up of the Brucejack Mine in British Columbia, with steady state production targeted for the end of 2017.