RNC Minerals CEO Resigns
(Kitco News) – Last month, RNC announced a $1.1 million coarse gold find at its Beta Mine.
Read moreQuebec Lithium Company Announces $459 Million Funding, Stock Jumps
(Kitco News) – Financing is subject to a 3-month due diligence period.
Read more99% Drop In Diamond Production Forecast For Australia – GlobalData
(Kitco News) – Diamond production in Australia will now rely on just one mine.
Read moreGold Prices Holding Their Ground As Markets Continue Rate Cut Debate – Analysts
(Kitco News) – The Federal Reserve’s monetary policy statement is 10 days away and the debate has continued to rage regarding whether the central bank will cut interest rates by 50 or 25 basis points, and according to some analysts, gold is one of the winners as chaos dominates market sentiment.
NASA’s Relationship With Gold As World Celebrates 50th Anniversary Of Apollo 11 Moon Landing
(Kitco News) – The world is preparing to celebrate one of the greatest achievements in human history on July 20 – the 50th anniversary of the Apollo 11 moon landing.
Wall St., Main St. See Gold Prices Maintaining Upward Momentum
(Kitco News) – Wall Street and Main Street look for gold to keep building on its recent gains, according to the weekly Kitco News gold survey.
Read moreUBS Upbeat On Gold But Says ‘Caution Remains Warranted’
(Kitco News) – UBS is upbeat on gold but nevertheless offers some caution for the short term. The metal hit a fresh six-year high this week on dovish Federal Reserve comments.
Read moreYamana: PFS Shows 28-Year Mine Life For Agua Rica
(Kitco News) – Yamana Gold Inc. (TSX: YRI; NYSE: AUY) Friday reported the results of a pre-feasibility study for the Agua Rica project in Argentina, listing higher reserves and an initial mine life expected to be nearly three decades.
Read moreBarrick Reaches Deal To Buy Remaining Acacia Shares
(Kitco News) – Barrick Gold Corp. (NYSE: GOLD; TSX: ABX) said Friday that it has reached an agreement to buy the shares in Acacia Mining Plc. that it does not already own in a deal that values Acacia at 951 million pounds.
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