Bitcoin could rally to $146K as it competes with gold for ‘alternative currency’ status – JPMorgan
(Kitco News) – Even after breaching $30,000, bitcoin’s price peak is still miles away, according to JPMorgan, which does not rule out an advance to $146,000 in the long-term as the cryptocurrency competes with gold.
Read moreSalamanca Provincial Council terminates collaboration agreement with Berkeley, hopes to derail uranium project
(Kitco News) – Local media sources reported today that the Salamanca Provincial Council has decided to terminate the collaboration agreement with Berkeley Energia, signed in September 2016, for the “construction of a variant on the SA-322 road (DSA-451…
Read moreAnaconda hits 871 g/t gold near surface in Nova Scotia
(Kitco News) – Anaconda Mining (TSX:ANX) today announced further high-grade drill results from a completed infill drill program at its 100% owned Goldboro gold project in Nova Scotia, Canada.
Read moreInvestors won’t be able to ignore gold miners in 2021 – Sprott’s John Hathaway
(Kitco News) – Gold is starting the new year on a strong note, with further political turmoil in the U.S. pushing prices well above $1,900 an ounce.
Read moreKamoa-Kakula mines remarkable 8.75% copper ore from Kakula
(Kitco News) – Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF) announced on Tuesday that underground development at the Kamoa-Kakula copper project in the Democratic Republic of Congo mined and stockpiled 269,000 tonnes of ore grading 5.36% copper in December f…
Read moreRamelius exceeds gold production guidance in Q4 2020
(Kitco News) – Ramelius Resources (ASX: RMS) today announced that it has exceeded the December 2020 quarter production guidance range with 72,896 ounces of gold output.
Read moreGold, silver see bullish follow-through strength Tuesday
(Kitco News) – Gold and silver futures prices are higher in midday U.S. trading Tuesday, on important follow-through strength after big gains posted Monday, which suggests still more upside is coming in the near term.
Read moreWestwater sells its uranium business to enCore, focuses on graphite
(Kitco News) – Westwater Resources (Nasdaq: WWR) today announced the sale of all of its uranium assets located in New Mexico and Texas to enCore Energy.
Read moreJudge denies wetlands permit for Aquila’s Back Forty project
(Kitco News) – Aquila Resources (TSX: AQA, OTCQB: AQARF) announced today that on January 4, 2021, an Administrative Law Judge for the Michigan Office of Administrative Hearings and Rules issued a decision denying the prior issuance of a wetland/stream/…
Read moreGold price edges down as ISM Manufacturing Index beats expectations in December
(Kitco News) – Gold prices ticked down as the headline manufacturing index from the Institute for Supply Management came in above expectations in December.
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