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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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Dollar flat, sterling, euro tick up with market in August lull

(Kitco News) -

Golden Star Trims 2019 Production Guidance

(Kitco News) - Golden Star Resources Ltd. (NYSE American: GSS; TSX: GSC; GSE: GSR) has cut its output guidance for 2019 but said efforts are under way to resolve issues that hurt operations in the second quarter.

Metals Focus Upbeat On Gold But Cautions Near-Term Upside May Be Limited

(Kitco News) - The consultancy Metals Focus said it remains upbeat on gold longer term, but cautions that near-term gains may be limited despite expectations for a U.S. rate cut on Wednesday.

Centerra Reports 2Q Profit, Hikes Gold-Output Guidance

(Kitco News) - Centerra Gold Inc. (TSX: CG) reported a jump in second-quarter adjusted earnings late Tuesday and hiked guidance for full-year gold production.

Detour Gold Reports 2Q Profit, Financial-Risk Positions

(Kitco News) - Detour Gold Corp. (TSX: DGC) late Tuesday reported a profit for the second quarter and also announced a program to manage the company’s financial risk.

Kirkland Lake 2Q Income, Revenue Sharply Higher Than Year Ago

(Kitco News) - Kirkland Lake Gold Ltd. (TSX, NYSE: KL; ASX: KLA) reported Tuesday that its second-quarter net income rose sharply from the same period a year ago, although it was down from the company’s record first quarter.

SSR: Red Dot Exploration Can Increase Marigold Mine Life

(Kitco News) - SSR Mining Inc. (NASDAQ, TSX: SSRM), in a report on exploration activities, said Tuesday that efforts at Red Dot can extend the life of the Marigold mine in Nevada without requiring expansion investment capital.

FXTM: Gold Awaits Catalyst; Plenty Of Major Events On Tap

(Kitco News) - Gold remains range-bound while awaiting a fresh catalyst, and there are plenty of news events occurring this week that would move the precious metal and other markets.

Iamgold: Gosselin Zone Drill Results Encouraging

(Kitco News) - Iamgold Corp. (TSX: IMG; NYSE: IAG) said Tuesday that the company was “encouraged” by the drill results at its Gosselin Zone discovery.

Silver Lake Agrees To Acquire EganStreet For $52 Million

(Kitco News) - Silver Lake Resources Ltd. (ASX: SLR) and EganStreet Resources Ltd. (ASX: EGA) have agreed to a “bid implementation deed” in which Silver Lake will acquire all outstanding ordinary shares of EganStreet, the companies announced Tuesday.