Monarch plans to restart Beaufor gold mine next year
(Kitco News) – Today, Monarch Mining (TSX: GBAR) (OTCQX: GBARF) announced that it plans to reopen its wholly-owned Beaufor mine and Beacon mill by June 2022. The mine and mill are located some 20 kilometres east of Val-d’Or, Québec.
Elemental says commissioning of Karlawinda gold mine begins
(Kitco News) – Elemental Royalties (TSX-V: ELE, OTCQX: ELEMF) announced today that commissioning has started at the Capricorn Metals’ Karlawinda gold project in Western Australia where Elemental holds a 2% NSR royalty.
Read moreSt Barbara reports deep sea tailings pipeline failure at Simberi, withdraws mine’s guidance
(Kitco News) – Australian gold miner St Barbara (ASX: SBM) reported today that a recent scheduled inspection of a deep sea tailings placement (DSTP) pipeline at its Simberi operations (Papua New Guinea) by a remotely operated vehicle observed a failure…
Read moreGold price can’t catch a break, down 2% as ISM service-sector data hits new record
(Kitco News) – The gold market is seeing further selling pressure as the reopening of the U.S. economy spurs more momentum and growth in the service-sector, according to Institute for Supply Management (ISM).
Read morePositive labor market data taking its toll on gold prices; weekly jobless claims fall to new pandemic low
(Kitco News) – The gold market is seeing further selling pressure as a wave of positive labor market data hits the marketplace. less than 400,000 America workers applied for first-time unemployment benefits last week, falling to a new post pandemic low.
Read moreRussian gold miner Nordgold is planning a big listing in London
(Kitco News) – There is a new player in town and they could be one of the biggest. Nordgold is planning to IPO in London and wants to float at least 25% of their company.
Read moreGold price holding its ground following massive U.S. private sector employment growth
(Kitco News) – The gold market continues to see some stable technical selling pressure even as U.S. companies went on a hiring spree last month, according to private payrolls processor ADP.
Read moreRoutine price corrections pressuring gold, silver Thursday
(Kitco News) – Gold and silver prices are lower in early morning U.S. trading Thursday, on normal corrective pullbacks in existing price uptrends.
Read moreBitcoin daily chart alert – Bulls make some progress Thursday – Jun. 3
(Kitco News) – Bitcoin-U.S. dollar prices are solidly higher in early U.S. trading Thursday. Bulls are making some progress late this week. However, recent price action has formed a bearish symmetrical triangle pattern on the daily bar chart.
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