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Is gold stuck? Analysts see ‘ladder approach’ when it comes to gold price rally in 2021

(Kitco News) – Gold cannot break out of its wide trading range between $1,800 and $1,900, with the precious metal holding support well yet lacking momentum to move higher.

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Kazatomprom confirms 128 positive COVID-19 cases at two uranium mines

(Kitco News) – Two uranium mines were placed under a quarantine with potential impact on the group’s 2021 planned production.

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Investors remain bullish on gold, waiting for more stimulus news

(Kitco News) – The gold market continues to attract strong bullish sentiment among retail investors and market analysts even as the metal has lost momentum and prices are consolidating.

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Pan African Resources increases gold production in South Africa

(Kitco News) – The group’s gold production during half-year ended December 31, 2020 increased by 5.9% to 98,386oz.

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Lithium Americas raised US$400M to build gigantic lithium mine in the U.S.

(Kitco News) – Thacker Pass is the largest known lithium resource in the United States and the next large scale lithium mine.

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China Gold exceeds 2020 production guidance

(Kitco News) – China Gold beats 2020 gold production guidance by about 10% and copper guidance by more than 21%.

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Endeavour sells Agbaou gold mine for $80 million

(Kitco News) – Agabou’s mine life is expected to cease by the end of 2022, but new owner intends to extend the life of mine through continued regional exploration activities in the near term.

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Gold price erases a chunk of morning losses as U.S. existing home sales beat expectations in December

(Kitco News) – Gold price reversed some of the early-morning as U.S. existing home sales came in above expectations in December.

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Gold prices remain under pressure following strong rise in U.S. Flash PMI data

(Kitco News) – The gold market remains under pressure but is seeing little movement heading into the weekend as positive economic data and improving sentiment weighs on the precious metal.

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Yamana Gold completes the acquisition of the Wasamac site

(Kitco News) – Yamana Gold (YRI:TSX & AUY:LSE) has announced the successful completion of its acquisition of the Wasamac property and the Camflo property and mill from Monarch Gold Corporation.

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