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Backed by Eric Sprott, Galleon Gold initiates permitting at West Cache

(Kitco News) – Galleon Gold (TSXV: GGO) announced on Wednesday that it has initiated baseline studies and permitting programs at its 100% owned West Cache gold project in Timmins, Ontario.

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Backed by Eric Sprott, Galleon Gold initiates permitting at West Cache

(Kitco News) – Galleon Gold (TSXV: GGO) announced on Wednesday that it has initiated baseline studies and permitting programs at its 100% owned West Cache gold project in Timmins, Ontario.

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Canasil intercepts up to 36.7 g/t Au and 1,010 g/t Ag at Nora

(Kitco News) – Canasil Resources (TSX-V: CLZ, DB Frankfurt: 3CC) announces “very high-grade” gold and silver results from two additional drill holes at the Nora silver-gold project in north-central Durango State, Mexico.

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Gold-Backed ETFs saw second largest outflows in history in November – WGC

(Kitco News) – Shifting investor sentiment in the marketplace as vaccine news created some hope for the global economy caused investors to flee from gold and jump into riskier assets last month, according to analysts at the World Gold Council (WGC).

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Seabridge closes US$115.7 million financing for Snowfield acquisition

(Kitco News) – Seabridge Gold (TSX:SEA) (NYSE:SA) announced Wednesday that it has successfully closed its previously announced bought deal financing for gross proceeds of US$115.7 million inclusive of the exercise of the entire over-allotment option he…

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Lundin Gold expands Fruta Del Norte mine

(Kitco News) – Lundin Gold (TSX, Nasdaq Stockholm: LUG) announced Tuesday its 2021 guidance, a 20% expansion of the mine and mill throughput and an 8% increase in Mineral Reserves estimates at its Fruta del Norte gold mine in Ecuador.

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Gold, silver see downside corrections after recent gains

(Kitco News) – Gold and silver futures prices are lower at midday Wednesday, on normal corrective pullbacks from recent good gains.

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Dundee bumps its quarterly dividend by 50%

(Kitco News) – Dundee Precious Metals (TSX: DPM) announced Tuesday that its Board has approved a 50% increase to its quarterly dividend, which will now be US$0.03 per common share and will commence with its previously announced fourth quarter dividend.

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Gold price can push to $2,200 as markets drunk on liquidity won’t sober up in 2021 – Wells Fargo

(Kitco News) – Financial markets are drunk on liquidity and investors should not expect that 2021 will be the year they sober up, according to analysts at Wells Fargo. In this environment, precious metals will continue to do well, the bank added.

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Corrective price pullbacks for gold, silver after recent gains

(Kitco News) – Gold and silver futures prices are lower in early U.S. trading Wednesday, on normal corrective pullbacks from recent good gains.

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