Bear Creek raises C$30M to advance its silver-zinc deposit in Peru
(Kitco News) – Bear Creek Mining (TSXV: BCM) announced today that it has entered into an agreement with a syndicate of underwriters led by Stifel GMP, pursuant to which the underwriters will purchase, on a bought deal basis, 10,000,000 common shares of…
Read moreGold price still down $40 as Fed releases minutes from December meeting
(Kitco News) – Gold remained near daily lows after the Federal Reserve released the December meeting minutes, which showed broad support for the central bank’s current bond-buying program.
O3 goes strong in Quebec with 12 drill rigs mobilized for winter campaign
(Kitco News) – O3 Mining (TSX.V: OIII) announced on Wednesday that it is resuming drilling with 12 drill rigs to continue executing the well-funded 150,000 metre drilling program on its properties in Val-d’Or Québec, Canada.
Gold, silver see big corrective pullbacks from recent gains
(Kitco News) – Gold and silver futures prices are sharply lower in midday U.S. trading Tuesday, on some routine profit taking from the shorter-term futures traders and some chart consolidation after gold hit a two-month high overnight and silver scored…
Read moreSoma Gold exceeds its 2020 production target
(Kitco News) – Soma Gold (TSXV: SOMA) reported today that its wholly-owned subsidiary produced 17,179 AuEq ounces in Colombia in 2020, ahead of a budget of 15,479 AuEq ounces, a 10.98% improvement over budget.
Read moreSouth Star shares skyrocket on permitting milestone
(Kitco News) – South Star Mining (TSXV:STS) (OTC:STSBF) today announced the approval of trial mining license for a period of 3 years for the phase 1 pilot plant operations (5,000 tpy of concentrate) for the Santa Cruz graphite project in Bahia, Brazil.
Read morePilbara increases lithium concentrate shipments by record 38%
(Kitco News) – Pilbara Minerals (ASX: PLS) today announced record shipments for the December quarter 2020 of 70,609 dry metric tonnes (dmt) of spodumene concentrate delivered to offtake partners.
Read moreVictoria Gold increases Q4 2020 production by 20%
(Kitco News) – Victoria Gold (TSX-VGCX) announced today Q4 2020 production of 42,174 ounces gold.
Read moreU.S. factory orders beat expectation in November, gold price trading near daily lows
(Kitco News) – Gold was trading near daily lows after the U.S. Census Bureau reported that U.S. factory orders rose 1% to $487.2 billion in November.
Read moreGold price moves up from daily lows as U.S. private payrolls surprise with a decline in December
(Kitco News) – Gold climbed up from daily lows after private-payrolls processor ADP reported a decrease in jobs in December instead of expected growth.
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