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Dynacor generates record sales from artisanal gold miners

(Kitco News) – Dynacor Gold Mines (TSX-DNG), an international gold ore industrial corporation servicing ASMs (artisanal and small-scale miners), today announced preliminary fourth-quarter and full-year 2020 results.

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Amarillo Gold receives key development permit in Brazil

(Kitco News) – State regulators have approved the Posse gold mine, said Amarillo Gold today after receiving the License to Install (LI) for its project on the Mara Rosa property in Goiás, Brazil. The license permits the company to start construction.

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Global gold ETFs see inflows of nearly 14 tonnes in January – WGC

(Kitco News) – Investor demand was relatively healthy in January even as the price saw its worst start to the new year since 2013, according to the latest data from the World Gold Council (WGC).

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Why was silver targeted? Analysts point to a price move in silver

(Kitco News) – Silver was targeted for a reason by the new wave of social media investors this week, according to a panel of analysts, who also identified the precious metal as the top performer for 2021.

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Glencore to return “uneconomic” coal mines back to Colombia

(Kitco News) – Glencore today confirmed that its Colombian subsidiary Prodeco will commence the process of handing its mining contracts back to the Republic of Colombia through the National Mining Agency (ANM).

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Precious metals prices will see double-digit gains in 2021; silver to steal the show – LBMA price forecast

(Kitco News) – The bull run in precious metals is expected to continue through 2021 with double-digit gains across the board, according to analysts participating in the London Bull Market Association’s (LBMA) annual price forecast report.

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Gold prices remain under pressure following 33K drop in U.S. weekly jobless claims

(Kitco News) – The gold market continues to see strong selling pressure but is not reacting to better than expected labor market data as fewer-than-expected American workers apply for first time unemployment benefi

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Price pressure on gold, silver as greenback surging

(Kitco News) – Gold and silver futures prices are trading lower in early U.S. dealings Thursday, due in part to a strengthening U.S. dollar index that hit a two-month high overnight.

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GBP/USD strengthens after Bank of England update

(Kitco News) – The central bank said that UK GDP is expected to have risen a little in 2020 Q4 to a level around 8% lower than in 2019 Q4. This is materially stronger than expected in the November Report.

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Bitcoin daily chart alert – Prices hit 3-week high, bulls in command – Feb. 4

(Kitco News) – Bitcoin-U.S. dollar prices are higher again and hit a three-week high in early U.S. trading Thursday. The BC bulls are having a very good week and have the firm overall technical advantage.

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