Resolute announce the sale of its interest at the Bibiani Gold Mine
(Kitco News) – In a deal valued at US$105 million the firm has sold its interest in the Bibiani Gold Mine, through the sale of shares in Mensin Bibiani Pty Ltd, to Chijin International (HK) Limited, a wholly owned subsidiary of Chifeng.
Read moreGreatland Gold appoint Shaun Day as new CEO
(Kitco News) – Greatland Gold plc (GGP:LSE) has announced the appointment of Shaun Day as Chief Executive Officer of the firm. Shaun Day will succeed Gervaise Heddle, who is said to be leaving the Company to pursue other interests. Shaun Day will comme…
Read moreFortescue sign hydrogen deal with Japan
(Kitco News) – It has been quite some year for Fortescue (FMG:ASX) who are trading around 100% higher for the year. Now the Australian firm have penned a deal with to build a consortium with Kawasaki Heavy Industries and Iwatani Corporation to supply l…
Read moreGold moves higher heading into the EU session
(Kitco News) – Gold (0.83%) and silver (1.60%) are heading higher into the EU session as sentiment in the Asia-Pac area was weak. The Nikkei 225 trades 0.17% lower, ASX is down 0.43% and the Shanghai Composite (-0.06%) traded just under flat.
Read moreAustralian potash project securs A$450 million loan from gov’t
(Kitco News) – Described as a a potential Tier 1 project, the planned mine site is located on the West Pilbara coast in the centre of Australia’s key salt production region.
Read moreKore Potash assures DRC authorities of progress on mine development
(Kitco News) – Kore Potash said today it received correspondence from the Minister of Mines of the RoC expressing disappointment at the speed of progress on the development of the projects inthe Sintoukola Basin and questioning compliance with the comp…
Read moreBluejay Mining receives license for Greenland project
(Kitco News) – “Additionally, the Company is currently completing an optimisation study, which should materially enhance the economics of the Project. The PFS for Dundas was established on a small portion of the identified mineralisation and should eve…
Read moreEveryone said ‘no’ to MindMed, now it’s worth $2 billion with ‘unicorn’ status
(Kitco News) – Everyone said ‘no’ to MindMed, now it’s worth $2 billion with ‘unicorn’ status
Gold to trade near $1,900 in 2021, price risk is to the downside, says Capital Economics
(Kitco News) – Capital Economics has released its outlook for next year, in which it sees gold trading at $1,900 an ounce with a risk of more selling.
Read moreRick Rule: Avoid these investing mistakes or you will be a ‘victim’
(Kitco News) – Rick Rule: Avoid these investing mistakes or you will be a ‘victim’