BofA have their say on the recent gold rout
(Kitco News) – Bank of America say gold prices have struggled due to the decline in physical demand for gold by central banks.
Read moreGold moves higher leading into the EU session
(Kitco News) – Gold and silver are mixed heading into the US session. Although this looks like a relief rally in gold after a tough session on Wednesday. Silver, on the other hand, held up better than the yellow metal and continues to trade above the $…
Read moreTeck announces dividend
(Kitco News) – The company will pay an eligible dividend of $0.05 per share.
Read moreSale of Sadiola mine in Mali hits IAMGOLD’s year-end reserves and resources
(Kitco News) – The company’s total attributable Proven and Probable gold Reserves decreased by 2.8 million ounces or 17% in 2020.
Read moreIs bitcoin a threat to U.S. dollar? Emerging markets see an explosion of interest in crypto
(Kitco News) – New research points to a connection between emerging markets and increased interest in crypto, putting into question comments by some Federal Reserve officials that bitcoin is no threat to the U.S. dollar.
Read moreUranium One reports 7% production decline in 2020
(Kitco News) – Uranium One, an international uranium mining company of the Russian state corporation Rosatom with uranium producing assets in Kazakhstan, announced today its operational results for Q4 and full-year 2020.
Read moreMountain Province auctions exceptional 157 carat “Polaris” diamond from Gahcho Kué
(Kitco News) – Mountain Province Diamonds (TSX: MPVD) (OTCQX: MPVD) announced yesterday the upcoming sale of the largest gem quality diamond recovered to date from the Gahcho Kué mine, located in Canada’s Northwest Territories.
BeMetals gets B2Gold as new strategic partner in Japan
(Kitco News) – BeMetals (TSXV: BMET) announced today that it has signed an amalgamation agreement to acquire privately owned Kronk Resources, which holds the rights to a highly prospective portfolio of advanced and early-stage gold exploration projects…
Read moreGold price remains near session lows, sees little reaction to January Fed minutes
(Kitco News) – The gold market remains near session lows even as the Federal Reserve signaled that it will continued to maintain its ultra-loose accommodative policies as uncertainty continues to dominate economic growth, according to the minutes of last month’s monetary policy meeting.
Osisko Mining increases high-grade gold resources at Windfall
(Kitco News) – Osisko Mining (OSK:TSX) today provided an updated mineral resource estimate for its 100% owned Windfall gold deposit, located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Québec.