Gold sees modest price gains as risk aversion keener
(Kitco News) – Gold futures prices are trading near unchanged in early U.S. dealings Friday. However, don’t be surprised to see some safe-haven demand develop heading into the weekend, as traders and investors are a bit more nervous on this last tradin…
Read moreBitcoin daily chart alert – Downside correction in an uptrend – Dec. 11
(Kitco News) – Bitcoin-U.S. dollar prices are lower again in early U.S. trading Friday, on what is still so far a normal downside correction in an existing price uptrend. Bulls do need to step up and show some fresh power soon to keep the uptrend alive.
Read moreAsiamet Resources shares rise after they dispose of the BKM prospect
(Kitco News) – Asiamet Resources Limited (ARS:LSE) shares have moved 13% higher in London trading hours after the company confirmed it is getting rid of its BKM prospect in Kalimantan, Indonesia, which has been affected by COVID-19 disruption, however,…
Read morePower Metal Resources jump another 8% in EU trade
(Kitco News) – Power Metal Resources (POW:LSE) shares surged on Friday after the company said early-stage exploration has started at the Alamo gold project in Arizona.
Read moreGold and silver trade marginally lower heading into the EU session
(Kitco News) – Gold and silver are both slightly lower heading into the European open. Gold is trading at $1832 per ounce falling 0.11% and silver is marginally worse off trading 0.32% in the red at $23.88.
Read moreVale evacuates New Caledonia mine after protests
(Kitco News) – Fires, riot police and widespread protest.
Read moreQuadro Resources receives exploration permit for Newfoundland properties
(Kitco News) – Quadro plans to carry out an initial orientation program consisting of prospecting and soil sampling on both properties over the next quarter. The surveys are planned to follow up on known gold mineralization and to help define targets f…
Read morePeru boasts US$56 billion construction portfolio in mining sector
(Kitco News) – Peruvian state energy and mines ministry (Minem) announced on Monday that the construction portfolio in the local mining sector totals US$56 billion.
Read moreGold price to ‘suffer’ in coming years as money shifts into bitcoin – JPMorgan
(Kitco News) – JPMorgan weighed in on the debate whether or not bitcoin is stealing attention away from gold, stating that gold could “suffer” in the long-term as bitcoin is adopted more widely.
Read moreErdene consolidates highly prospective Khundii gold district in Mongolia
(Kitco News) – Erdene Resource Development (TSX:ERD; MSE:ERDN) today announced the acquisition of a 100% interest in the Ulaan exploration license, adjacent to its Bayan Khundii gold deposit, with the purchase of the remaining 49% interest in Leader Ex…
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