Battle North Gold approves construction plans for Bateman, eyes production by end of 2021
(Kitco News) – Battle North Gold (TSX: BNAU) today announced that the company’s board of directors (the Board) has approved construction of the Bateman gold project, located in Ontario, including the 2021 construction budget.
Read moreJapan Gold and Barrick expand exploration holdings in Japan
(Kitco News) – Japan Gold (TSXV:JG) (OTCQB:JGLDF) announced Tuesday the acceptance of new prospecting rights applications covering extensions to the Sanru project by the Japanese Ministry of Economy, Trade and Industry.
Read moreGold firmer as key outside mkts in bullish daily posture
(Kitco News) – Gold futures prices are posting mild gains in midday U.S. dealings Tuesday, as a weaker U.S. dollar index, higher crude oil prices, and a pause in the U.S. stock market rally are giving the yellow metal’s bulls some strength.
Read moreAngloGold Ashanti reports 7% production drop in 2020, earnings to grow by up to 174%
(Kitco News) – AngloGold Ashanti (JSE: ANG) (NYSE: AU), one of the world’s largest gold mining companies, today announced that the company’s production for the year ended 31 December 2020 is expected to be 3.047Moz, which is 7% less compared to 3.281Mo…
Read moreGold price target of $2,300 is conservative as precious metal sees healthy consolidation – State Street Global Advisors
(Kitco News) – The gold market remains in a healthy consolidation pattern as prices are once again close to testing critical resistance at $1,850 an ounce, according to one gold market analyst.
Read moreUpside price action in gold, silver as USDX, equities back off
(Kitco News) – Gold and silver futures prices are trading firmer in early U.S. dealings Tuesday, as a weaker U.S. dollar index and a pause in the U.S. stock market rally are giving the metals bulls some strength.
Read moreBitcoin daily chart alert – Record high Tuesday as BC gaining more credibility – Feb. 8
(Kitco News) – Bitcoin-U.S. dollar prices are higher and hit a new all-time high above $48,000 in early U.S. trading Tuesday.
Read moreCommerzbank are focused on upside levels in copper
(Kitco News) – Technical analysts at Commerzbank believe the outlook for LME copper is still bullish. Analyst Karen Jones said, “The spotlight is on LME Copper’s multi-year high at 8238.00. The market has bounced from the 55 day ma at 7817 and this implies that the bull trend retains the upper hand.”.
Physical gold demand increases in China due to Lunar New Year
(Kitco News) – Ahead of Chinese new year the demand for physical gold has increased and dealers have been selling gold at a premium.
Read moreGold and silver move higher heading into the EU open
(Kitco News) – Gold and silver are both trading higher leading into the EU session on Tuesday. It was another positive close for both precious metals yesterday as gold continues to recover from the 4th February sell-off which saw the yellow metal hit $…
Read more