Torex Gold achieves crucial permitting milestone in Mexico
(Kitco News) – Torex Gold Resources (TSX: TXG) announced Tuesday that the company has received approval from Mexico’s Secretariat of Environment and Natural Resources on the amendment of a key environmental permit for its Media Luna project.
‘Shocking’ pace of adoption: Bitcoin will be as big as gold, says billionaire Mike Novogratz
(Kitco News) – The adoption of bitcoin has accelerated to a “shocking” pace, said billionaire investor Mike Novogratz, who sees bitcoin’s market cap catching up and then even surpassing that of gold.
Read moreVictoria Gold boosts gold output 154% in Q1 2021
(Kitco News) – Victoria Gold (TSX-VGCX) announced today that the company produced 26,759 ounces of gold during the first quarter of 2021 at its Eagle gold mine in Yukon. Gold production in Q1 2021 was slightly ahead of plan and 154% improvement over Q1…
Read moreGold price pushes to nearly 2-week high as economic data fails to support U.S. dollar
(Kitco News) – The gold market is taking advantage of a weaker U.S. dollar and falling bond yields as prices rise to a nearly two-week high and look to challenge a critical resistance level around $1,750 an ounce.
Gold prices holding gains above $1,700 as IMF upgrades global growth outlook to 6% for 2021
(Kitco News) – The gold market is holding on to steady gains above $1,700 an ounce even as expectations for a robust global economic recovery continue to grow.
Gold, silver see price advances on short covering, value buying
(Kitco News) – Gold and silver prices are moderately up in early U.S. trading Tuesday, on some short covering in the futures market and perceived value buying in the cash market.
Read moreBitcoin daily chart alert – Routine chart consolidation early this week – Apr. 6
(Kitco News) – Bitcoin-U.S. dollar prices are lower again in early U.S. trading Tuesday, on some routine chart consolidation. The bulls are keeping alive a price uptrend in place on the daily bar chart.
Read morePalladium is pushing higher once again
(Kitco News) – Looking at the daily spot palladium chart it looks like the bulls have taken charge once again after a brief retracement to $2522.0/oz. The general trend has been very positive recently as the electric/hybrid vehicle market continues to …
Read moreWestern Australia has hit record gold sales of $17 Billion
(Kitco News) -Western Australia has achieved record sales and employment in its mineral and petroleum industry in 2020 despite the impact of the COVID-19 pandemic on the industry.
Read moreGold and silver move higher heading into the EU open
(Kitco News) – Gold and silver have once again pushed higher in the Asian session. Gold is now 0.44% higher and looks likely to attack the previous wave high at $1755.50/oz. and silver has moved back above $25/oz moving 0.73% in the black.
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