TriStar 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.
Read moreGold and silver moved marginally lower leading into the EU open
(Kitco News) – Gold and silver trade marginally lower leading into the EU session this morning. The yellow metal is around 0.19% lower at $1727.50oz and silver trades at $26/oz, -0.62% lower.
Read moreImperial Metals expands grounds in the Golden Triangle
(Kitco News) – The property covers the south west extent of the Red Chris GJ-Donnelly porphyry trend in the Golden Triangle.
Read more