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Here’s why gold price is up nearly $50 in two days

(Kitco News) – Gold’s recovery is not running out of steam yet, as prices are up nearly $50 in just two days this week.

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Ely Gold purchases royalty on property surrounding future IAMGOLD’s Coté gold mine

(Kitco News) – Ely Gold Royalties (TSX-V:ELY, OTC-QX:ELYGF) announced Tuesday that it had closed the purchase of a 1% net smelter returns royalty from Sanatana Resources (TSX-V:STA) that was announced on September 29, 2020.

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Rokmaster delivers robust PEA for Revel Ridge

(Kitco News) – Rokmaster Resources (TSX-V: RKR) announced Tuesday positive results from the Preliminary Economic Assessment (“PEA”) for the Revel Ridge polymetallic gold-silver project located in the Revelstoke area of southeastern British Columbia.

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Fiore extended life of Pan gold mine

(Kitco News) – Fiore Gold (TSXV:F)(OTCQB:FIOGF) today announced an updated resource and reserve estimate and extended Life of Mine for its Pan open pit mine in White Pine County, Nevada.

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Forrest’s Wyloo buys 22% stake in Ring Of Fire’s Noront

(Kitco News) – Fortescue Metals’ former CEO and billionaire, Andrew Forrest, is buying a 22% stake in Noront Resources (TSXV:NOT), the Canadian-based mining company that has the largest land position in the Ring of Fire.

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KAZ Minerals says its 2020 copper and gold output will be higher than planned

(Kitco News) – KAZ Minerals (LSE: KAZ) today announced an update to its production and capital expenditure guidance for the 2020 financial year.

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Gold, silver bulls gaining upside momentum this week

(Kitco News) – Gold futures prices are moderately up and hit a three-week high in midday U.S. trading Tuesday. Silver prices are near steady at midday and also hit a three-week high.

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Last uranium mines in Europe shut down over insufficient funding

(Kitco News) – Local media reported yesterday that all three uranium mines in Ukraine have been shut down due to insufficient funding. These mines are the last commercial producers of uranium in Europe.

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Market crash coming? Jim Rogers says not yet; invest in these ‘hated’ assets

(Kitco News) – There’s simply too much money injected into the monetary system by central banks to allow a sizeable bear market to take place soon, said Jim Rogers, investor and chairman of Rogers Holdings.

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Osisko Development upsizes private placement to CDN $80 Million due to strong demand

(Kitco News) – Osisko Development (ODV: TSX-V) announced Tuesday that it has upsized its previously-announced non-brokered private placement of units to up to CDN $50 million in response to significant demand.

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