Gold consolidates heading into the EU session
(Kitco News) – After a very strong session on Tuesday gold is trading flat leading into the EU open. Silver is slightly worse off trading half a percent lower at $23.84 per ounce. The general risk tone overnight has been very tight with the Nikkei 225 …
Read morePeter Hug: Gold, silver prices bounce off support, can rally last?
(Kitco News) – Gold rose 2% on Monday, with silver up 5.5% on the trading session. Peter Hug, global trading director of Kitco News, said that fundamentals line up with this rally.
Read morePeter Hug: Gold, silver prices bounce off support, can rally last?
(Kitco News) – Gold rose 2% on Monday, with silver up 5.5% on the trading session. Peter Hug, global trading director of Kitco News, said that fundamentals line up with this rally.
Read moreLithium Americas closes $100 million ATM
(Kitco News) – The company said it will use the funds to advance both its Cauchari-Olaroz project in Jujuy, Argentina, and Thacker Pass project in Nevada, U.S.A., to production.
Read moreSuperior Gold repurchases royalty
(Kitco News) – Western Australia mine operator Superior Gold (TSXV:SGI) said today it will repurchase a 2% net smelter return royalty from Northern Star Resources Limited on future gold recovered from Superior’s Plutonic Gold Operations for $4.6 millio…
Read moreLondon vaults see record gold holdings for sixth straight months
(Kitco News) – For the sixth consecutive month, physical gold held in vaults in London reached record levels, according to the latest trade data from the London Bullion Market Association.
Read moreOsisko Mining intersects record 90,700 g/t Au at Windfall
(Kitco News) – Osisko Mining (OSK:TSX) today reported record high-grade drill results from the ongoing expansion and definition drill program at its 100% owned Windfall gold project located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Québec.
Troilus raised C$22.1M for development of historic gold mine
(Kitco News) – Troilus Gold (TSX: TLG) (OTCQB: CHXMF) today announced closing of its previously announced offerings for the aggregate gross proceeds of approximately C$22.1 million.
Read moreKamoa-Kakula secures US$420 million in project financing
(Kitco News) – Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF) announced today that Kamoa-Kakula copper project in the Democratic Republic of Congo (DRC) has secured an equipment financing facility of up to EUR 176 million (approximately US$211 million), togeth…
Read moreBig rebounds for gold, silver but bulls have more work to do
(Kitco News) – Gold and silver futures prices are sharply up in midday U.S. trading Tuesday. Heavy short covering in the futures market and perceived bargain buying in the cash market are featured today, following recent solid losses that pushed gold t…
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