Probe doubles gold M&I resources at Val-d’Or East
(Kitco News) – Probe Metals (TSX-V: PRB)(OTCQB: PROBF) today announced that an updated resource estimate for its Val-d’Or East project, located near Val-d’Or, Quebec, has shown significant improvement over the previous resource estimate and remain open…
Read moreGold price holding on to $1,900 following rise in ISM Manufacturing PMI
(Kitco News) – Gold prices are holding above $1,900 an ounce even as the U.S. economy sees further growth in the U.S. manufacturing sector, according to the latest data from the Institute for Supply Management (ISM).
Read moreGold, silver see price gains on bullish outside mkts, inflation concerns
(Kitco News) – Gold and silver prices are modestly higher in early morning U.S. trading Tuesday, with gold scoring a five-month high.
Read moreBitcoin daily chart alert – Bearish symmetrical triangle looms – Jun. 1
(Kitco News) – Bitcoin-U.S. dollar prices are higher in early U.S. trading Tuesday. Recent price action has formed a bearish symmetrical triangle pattern on the daily bar chart.
Read moreCommerzbank still see some more upside in gold
(Kitco News) – Commerzbank note that robust demand in gold ETF’s could be responsible for the recent rise in the yellow metal. It noted that the fall in the dollar and the recent drop in yields could have also helped the safe haven as previously the ri…
Read moreManufacturing PMI’s have been good so far over to the U.S.
(Kitco News) -Manufacturing numbers in the Eurozone are still looking good but the U.K. number missed estimates just slightly. Overnight the numbers in the Asia Pac area were also pretty good with Japan and Australia coming in above consensus estimates…
Read moreGold and silver are once again higher leading into the European open
(Kitco News) -Once again gold and silver area trading higher leading into the European open. The yellow metal is knocking on the door of $1915/oz while silver is back above $28/oz. Elsewhere in the commodities markets spot WTI is up 1% and copper trade…
Read moreWatch 21 years of mining at the massive Collahuasi in 21 seconds
(Kitco News) – Anglo American and Glencore both have a 44% share of the mine.
Read moreINV Metals acquired by Dundee Precious Metals
(Kitco News) – INV said the transaction was 63% premium over closing price on May 28, 2021. The implied equity value of the transaction on a 100% and fully-diluted basis is equal to approximately C$132 million and C$104 million for the portion not owne…
Read moreGold will finally outperform Bitcoin, but for how long? Florian Grummes
(Kitco News) – Gold will finally outperform Bitcoin, but for how long? Florian Grummes
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