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Raoul Pal sold his gold because ‘bitcoin is eating the world’; $300k price in 18 months

(Kitco News) – Raoul Pal sold his gold because ‘bitcoin is eating the world’; $300k price in 18 months

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Ivan Glasenberg to retire after 36 years with Glencore

(Kitco News) – Glencore announced today that Ivan Glasenberg will retire as CEO and as a member of the Glencore Board during the first half of 2021.

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Seabridge Gold raises US$105 million to acquire Pretivm’s Snowfield project

(Kitco News) – Seabridge Gold (TSX:SEA) (NYSE:SA) announced today it has entered into an agreement a syndicate of underwriters lead by Cantor Fitzgerald Canada to purchase, on a bought deal basis, 6,100,000 common shares of the company at the price of …

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Gold sees choppy price action following downbeat U.S. jobs data

(Kitco News) – Gold futures prices are chopping on both sides of unchanged in early U.S. trading Friday and got a slight initial lift from a U.S. jobs report that was a bit weaker than expected.

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Gold price sees little movement as U.S. created 245K jobs in November, significantly missing expectations

(Kitco News) – The gold market is holding near a one week high as the U.S. labor market loses more momentum than expected in November.

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Bitcoin daily chart alert – Price uptrend is bulls’ friend – Dec. 4

(Kitco News) – Bitcoin-U.S. dollar prices are lower in early U.S. trading Friday, on some normal backing and filling and chart consolidation after hitting a record high earlier this week.

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Glencore has extended its Chinese cobalt contract

(Kitco News) – Glencore (GLEN:LSE) will supply cobalt to Chinese battery manufacturer Green Eco-manufacture Hi-tech (GEM) for another additional five years after expanding their partnership. Glencore are the worlds largest cobalt producer and this is a…

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Gold prices grinding higher despite more vaccine news

(Kitco News) – Gold is heading into the last session of the week on the front foot. After grinding higher overnight the yellow metal is trading at $1842.70 per ounce, 0.13% in the black. Silver is also positive trading 0.82% higher at $24.22 per ounce….

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OZ Minerals increases production rate at the Carrapateena copper-gold mine

(Kitco News) – OZ Minerals (OZL:ASX) shares pushed around 4% higher after the firm confirmed it has increased the production rate at the Carrapateena copper-gold mine in South Australia, achieving a planned ramp up ahead of schedule.

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Alex Mashinsky called bitcoin price surge; now has $100 million invested in these assets

(Kitco News) – Alex Mashinsky called bitcoin price surge; now has $100 million invested in these assets

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