Orvana increases gold reserve by 33%, updates LOM for its Spanish operation
(Kitco News) – Orvana Minerals (TSX: ORV) reported on Tuesday the completion of an updated mineral resource and reserve estimate and life-of-mine plan for its Orovalle operation, located in Asturias, Spain.
Read moreGold Resource reports fatality in Mexico, declares December monthly dividend
(Kitco News) – Gold Resource (NYSE American: GORO) reported yesterday that an Arista mine employee was fatally injured Thursday, December 24, 2020 at its operations in Oaxaca, Mexico.
Read moreAnglo Pacific increase their stake in Brazilian Nickel Limited
(Kitco News) – Anglo Pacific Group (SPF:LSE) have confirmed that it is acquiring an approximately 2.1% equity stake in Brazilian Nickel Limited at an investment cost of $2 million (approximately £1.5 million). Each BRN share is valued at roughly £0.45.
Greatland Gold get initial approval for Havieron Project
(Kitco News) – Greatland Gold (GGP:LSE) has confirmed that Newcrest and Greatland have received the necessary regulatory approvals to commence key early works activities at the Havieron Project for a box cut and exploration decline.
Read moreBitcoin daily chart alert – Bulls strong, no early clues of market top close at hand – Dec. 29
(Kitco News) – Bitcoin-U.S. dollar prices are pausing Tuesday in early U.S. trading, after hitting to a record high early this week. A powerful price uptrend remains firmly in place on the daily bar chart.
Read moreGold sees slight price rise amid deflating U.S. dollar
(Kitco News) – Gold futures prices are slightly up in early U.S. trading Tuesday, getting a bit of a lift from a depreciating U.S. dollar on the foreign exchange market.
Read moreGriffin Mining shares jump 11% after Chinese permit acceptance
(Kitco News) – Shares in Griffin Mining (GFM:LSE) jumped 11% at the open on Tuesday as the firm announced that following 2 years of capital development and the installation of relevant underground services, the Chinese Safety Bureau has granted the 3rd…
Read moreThe gold price is higher once again at the European open
(Kitco News) – Gold (0.39%) and silver (0.27%) are once again higher at the European open. This was also the case on Monday but by the end of the session, the bulls were frustrated at the $1900 per ounce zone.
Read moreTeck wins tax ruling
(Kitco News) – “The respondent takes the position the petitioner is only entitled to claim 50% of the exploration costs because it was an equal partner in the GC Partnership with NovaGold.”
Read moreThe gold market has one more rally in 2021 – BNP’s Tchilinguirian
(Kitco News) – Gold prices are struggling to push back above $1,900 an ounce ahead of the new year. According to one bank, the precious metal can generate enough momentum for one more push above $2,000 an ounce before the market runs out of gas by the second half of the year.