Battle North secures financing to build next gold mine in Red Lake
(Kitco News) – Battle North Gold (TSX: BNAU) announced on Tuesday that it has executed a binding commitment letter with Macquarie Bank for a senior secured term loan facility of US$40 million to be used to fund the construction of the 100%-owned, shove…
Read moreMidas Gold delivers NPV of US$1.9 Billion for Stibnite
(Kitco News) – Midas Gold (TSX: MAX) (OTCQX: MDRPF) announced today the results of an independent feasibility study (“FS”) and technical report completed on its Stibnite gold project in Idaho.
Gold price struggles even as U.S. Consumer Confidence drops ahead of Christmas holiday
(Kitco News) – The gold market is struggling to attract some buying momentum with prices below $1,900 even as U.S. consumer sentiment falls in December ahead of the Christmas holidays.
U.S. existing home sales disappoint in November, falling for the first time in five months
(Kitco News) – Gold price remained largely unchanged as U.S. existing home sales came in below expectations in November, falling for the first time in five months.
Read moreDundee Precious Metals and other shareholders selling mining software company
(Kitco News) – Dundee Precious Metals is looking to increase its cash holdings by as much as $68.7 million as it sells MineRP Holdings Inc to Epiroc Canada Holding Inc., a subsidiary of Epiroc Rock Drills AB.
Read moreGold price remains below $1,900 as U.S. Q3 GPD rises 33.4%
(Kitco News) – The gold market is seeing little reaction to stronger than expected third-quarter economic growth as prices remain below $1,900 an ounce.
Gold price remains below $1,900 as U.S. Q3 GPD rises 33.4%
(Kitco News) – The gold market is seeing little reaction to stronger than expected third-quarter economic growth as prices remain below $1,900 an ounce.
The gold price has converged into a bull flag
(Kitco News) – The price action in the gold futures daily chart has been looking more promising of late. The chart structure is throwing up a very interesting picture after a run of successive lower highs and lower lows.
Read moreCanadian Government stops gold mine sale to China’s Shandong Gold Mining
(Kitco News) – After conducting a regulatory review, the Canadian government is stepping in to stop the sale of one of the nation’s gold mines to a Chinese company.
Fresnillo appoints a new VP of Exploration
(Kitco News) – Fresnillo (FRES:LSE) have confirmed the appointment of Guillermo Gastélum as Vice President of Exploration with effect from 1st January 2021. Gastélum is said to have extensive experience in the Mexican mining sector, most recently as Deputy Director of Northern Exploration at Fresnillo.