Parral mine delivers another record quarter for GoGold
(Kitco News) – The company announced the record revenue of $14.1 million from the sale of 601,551 silver equivalent ounces for the quarter ending December 31, 2020.
Read moreBullion coin demand ‘off the charts,’ why isn’t gold price? Former U.S. Mint director weighs in
(Kitco News) – The precious metals market is seeing incredible demand for bullion coins, yet gold prices are stalling. Former U.S. Mint director points to the financial crisis for clues as to why gold will hit new record highs before this bull run is o…
Read moreDenison raises $31.3 million to advance uranium project in Saskatchewan, shares up
(Kitco News) – Denison Mines (DML: TSX, DNN: NYSE American) announced Thursday that it has entered into agreements to sell 27,473,000 units of the company at the price of USD$0.91 per unit for aggregate gross proceeds of approximately USD$25 million?
Read moreCrypto investors should diversify and hedge with some gold – Newcrest Mining CEO
(Kitco News) – Record high bitcoin prices could be a positive for the gold market as one mining CEO is recommending for crypto-investors to diversify.
Read moreUranium Royalty buys royalty interests on two world’s biggest uranium mines
(Kitco News) – Uranium Royalty (TSX-V: URC, US: URCCF) announced today that it has entered into a definitive agreement to acquire existing royalty interests on the McArthur River and Cigar Lake uranium mines in Saskatchewan, Canada.
Read moreCOVID-19 outbreak declared at Pretivm’s Brucejack mine in BC
(Kitco News) – Pretium Resources (TSX/NYSE: PVG) today announced that a Covid-19 outbreak has been verbally declared at the Brucejack mine by the BC Northern Health Medical Health Officer.
Read moreNewcrest reports gold reserves declined by 5%
(Kitco News) – Newcrest Mining (ASX, TSX, PNGX: NCM) reported today that as at 31 December 2020, the group’s ore reserves are estimated to contain approximately 49 million ounces of gold, 6.8 million tonnes of copper.
Gold pressured by shorter-term futures sellers
(Kitco News) – Gold futures prices are trading solidly lower and near daily lows in midday U.S. action Thursday. Silver prices are slightly lower.
Read moreKinross boosts gold reserves by 23%
(Kitco News) – Kinross Gold (TSX:K; NYSE:KGC) announced yesterday that it has added 5.7 million Au oz. to proven and probable mineral reserves in 2020, a 23% year-over-year increase, to 30.0 million Au oz. mainly due to net additions of 6.4 million Au …
Read moreInvestor attention turns to diamonds ahead of digital exchange launch
(Kitco News) – Investors are piling into alternative assets to preserve their wealth and purchasing power as inflation concerns continue to dominate the marketplace, according to some analysts and economists.
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