Fed finally admits path is ‘unsustainable’, so why didn’t gold price explode? Gary Wagner
(Kitco News) – Fed finally admits path is ‘unsustainable’, so why didn’t gold price explode? Gary Wagner
Yellen urges Congress to raise debt ceiling to avoid August default: Failing to do so would have ‘catastrophic’ consequences
(Kitco News) – U.S. Treasury Secretary Janet Yellen called on Congress to raise or suspend the debt ceiling as soon as possible, warning that failure to do so could lead to “catastrophic” consequences.
Read moreWhy you should be ‘maximum overweight’ stocks despite overdue on correction – Tim Hayes
(Kitco News) – Hayes discusses with David Lin, anchor for Kitco News, the indicators he watches that suggest that there is room for more optimism in risk assets before price levels turn south.
Read moreCrypto comeback? Bitcoin is in a more enduring bull market because of China’s crackdown – Bloomberg Intelligence
(Kitco News) – The bitcoin bull market could prove to be more resilient than before and the current June prices will one day appear cheap, according to Bloomberg Intelligence.
Read moreDe Grey unveils tier 1 scale 6.8Moz resources for Hemi gold deposit in Australia
(Kitco News) – De Grey Mining (ASX: DEG) today announced a maiden mineral resource of 6.8Moz of gold for its Hemi deposit, which is a part of the company’s Mallina gold project, located in Western Australia.
De Grey unveils tier 1 scale 6.8Moz resources for Hemi gold deposit in Australia
(Kitco News) – De Grey Mining (ASX: DEG) today announced a maiden mineral resource of 6.8Moz of gold for its Hemi deposit, which is a part of the company’s Mallina gold project, located in Western Australia.
Australia’s Vital sets the stage for Nechalacho rare earths project expansion
(Kitco News) – Vital Metals (ASX: VML) today announced positive results from metallurgical testwork completed on samples from the Tardiff zone at Vital’s Nechalacho rare earths project in Canada.
Bonterra boosts gold resources in Quebec, expects PEA later this year
(Kitco News) – Bonterra Resources (TSX-V: BTR) today announced an updated mineral resource estimates for the Gladiator, Barry, and Moroy deposits, and Bachelor mine, all located in Quebec, Canada.
Read moreNewmont aligns its climate targets with science in its first climate strategy report
(Kitco News) – Newmont (NYSE: NEM, TSX: NGT) reported Wednesday that it has launched its inaugural Climate Strategy Report, prepared in accordance with the Task Force on Climate-related Financial Disclosures.
Read moreGold price can still reach $1,900 by year-end but will struggle as inflation, interest rates rise – Credit Suisse
(Kitco News) – Despite gold’s dramatic drop through critical support levels, one bank sees potential for prices to push back to $1,900 an ounce by the end of the year. However, the precious metal will have to contend with higher inflation and interest …
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