Osisko reaches 500m depth at Windfall, advances towards Triple Lynx Zone
(Kitco News) – Osisko Mining (OSK:TSX) today provided an update on the progress of the underground exploration ramp at its 100% owned Windfall gold project located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Québec.
Capstone wants to unlock Chile’s ‘vast’ battery-grade cobalt potential
(Kitco News) – Capstone Mining (TSX:CS) today announced that it intends to advance the cobalt project at Santo Domingo in Region III, Chile, to feasibility.
Read moreDynacor declares its third monthly dividend
(Kitco News) – Dynacor Gold Mines (TSX: DNG) announced Thursday its third monthly dividend. The declaration of a dividend payment of C$0.005 per common share will be payable on April 19, 2021, to shareholders of record as of the close of business on Ap…
Read moreOrea decides not to acquire a gold project in Colombia
(Kitco News) – Orea Mining (OREA: TSX) (OREAF: OTCQX) announced today that it has terminated a letter of intent, dated December 21, 2020, to acquire a gold project in Colombia.
Read moreNow is not the time for gold investors to throw in the towel – Felder Report
(Kitco News) – The gold market has struggled to find any bullish traction since hitting its all-time highs in August. The price is finding strong resistance, around $1,750 an ounce. Still, one market analyst said that he expects the bearish sentiment i…
Read moreHarte Gold ups mine operating cash flow twelvefold in 2020
(Kitco News) – Harte Gold (TSX: HRT / OTC: HRTFF / Frankfurt: H4O) reported that the company’s gold production of 25,649 ounces in 2020 exceeded the upper end of the company’s revised guidance of 24,000 ounces.
Gold, silver feel the pressure of rising greenback, falling crude oil
(Kitco News) – Gold and silver prices are down in midday U.S. trading Thursday, with silver hitting a two-month low. A stronger U.S. dollar and a breakdown in the crude oil market this week have the metals market bulls running for cover.
Read moreEskay grabs Kirkland Lake Gold interest in SIB project
(Kitco News) – Eskay Mining (TSX-V:ESK) (OTCQB: ESKYF) announced today that it has acquired a 100% interest in the SIB property, located in British Columbia, which was subject to a joint venture (80% Eskay/20% St Andrew) with St. Andrew Goldfields, a w…
Read more10-year yields have room to push to 2.5%, what does this mean for gold?
(Kitco News) – Rising bond yields due to improving economic expectations is the biggest near-term threat to the gold market, according to analysts.
Read morePeter Schiff: Fed is trapped; will either bankrupt the government or the American people
(Kitco News) – The Federal Reserve has trapped themselves; either they raise interest rates and bankrupt the Treasury, or they don’t raise rates, let inflation spiral out of control, and bankrupt the American people, said Peter Schiff, chief market strategist at Euro Pacific Asset Management.