Gran Colombia is on track to meet 2021 production target, declares monthly dividend
(Kitco News) – Gran Colombia Gold (TSX: GCM; OTCQX: TPRFF) announced today that it remains on track to produce between 200,000 and 220,000 ounces of gold in 2021 from its high-grade Segovia operations in Antioquia, Colombia.
Read moreRay Dalio on ‘shocking’ tax changes: Could see new ‘prohibitions’ against gold, bitcoin
(Kitco News) – With so much debt in the U.S., financial markets are entering a new paradigm, where we could see “shocking” tax changes that might involve prohibitions against capital movements to assets like gold, bitcoin, and other tax jurisdictions, …
Read moreTriStar Gold doubles indicated resources at Castelo de Sonhos
(Kitco News) – TriStar Gold announced Tuesday an interim mineral resource estimate for the Castelo de Sonhos gold project in Pará State Brazil.
Gold loses modest early gains on bearish outside markets
(Kitco News) – Gold and silver prices are steady to weaker in midday U.S. trading Tuesday.
Read moreRussian mining giant Nornickel cuts 2021 production target due to flooding
(Kitco News) – Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, announced today that it is planning to restore full capacity of its flooded Oktyabrsky and Taimyrsky mines within the…
Read moreGold prices trying to hold gains as U.S. retail sales fall 3% from January’s unprecedented levels
(Kitco News) – The gold market is trying to hold on to recent gains as U.S. consumers cut back their sending last month.
Poland’s central bank are set to go on a gold buying spree
(Kitco News) – Reuters reported that the Polish central bank wants to buy at least 100 tonnes of gold. At current price levels, this is worth around $5.5 billion. President Adam Glapinski said, “At the moment, we have 229 tonnes of gold, of which more or less half was bought during my term in office,”. He added, “Over the course of a few years we want to buy at least another 100 tonnes of gold and keep it in Poland as well,”.
Modest price gains for gold ahead of busy U.S. data day
(Kitco News) – Gold prices are modestly higher in early U.S. trading Tuesday, on some more short covering by the shorter-term futures traders and some perceived bargain hunting in the cash market.
Read moreBitcoin daily chart alert – Normal price pause early this week – Mar. 16
(Kitco News) – Bitcoin-U.S. dollar prices are lower again in early U.S. trading Tuesday, on a normal corrective pullback after hitting a new record high over the weekend. Bulls still have the solid overall near-term technical advantage amid a price upt…
Read moreAntofagasta profits surge as they take advantage of the higher copper price
(Kitco News) – UK listed miner Antofagasta (ANTO:LSE) reported a 6% rise in its net profit during 2020 as well as raising its dividend for 2020. The firms fiscal 2020 profit before tax was $1.41 billion vs last years number of $1.35 billion.
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