Risk in gold is ‘limited’: Prices still on track towards $2,100 in 2021 – Bloomberg Intelligence
(Kitco News) – Despite a drop below $1,800 an ounce last week, gold’s path of least resistance is up, according to Bloomberg Intelligence, which sees the bull run taking the precious metal above $2,000 an ounce in 2021.
Read moreMcEwen suspends San José mine in Argentina due to COVID-19 crisis
(Kitco News) – McEwen Mining (NYSE: MUX) (TSX: MUX) today reported that a significant increase in COVID-19 infections in the Santa Cruz province in Argentina has resulted in the temporary lockdown of various mines including its 49%-owned San José mine.
Yukon Government rejects ATAC’s tote road permit
(Kitco News) – ATAC Resources (TSX-V:ATC) today announces that on November 27, 2020, it was notified that the Yukon Government had rejected the company’s application to construct a proposed tote road to its Tiger gold deposit in east-central Yukon to s…
Read moreGold, silver erase early losses as U.S. stock market wilts
(Kitco News) – Gold and silver futures prices are trading near steady levels at midday Monday, recovering solid early losses that saw gold hit a 5.5-month low and silver notch a nine-week low.
Read moreThis is only the start for gold prices as bitcoin hits an all-time high; currency debasement will drive prices higher – Charlie Morris
(Kitco News) – The gold market is struggling to find near-term bullish momentum as the price trades below $1,800 an ounce; however, one fund manager said that if investors want to know where the precious metal is heading, they need to look to bitcoin.
Read morePlatreef updated feasibility study yields an after-tax NPV8% of US$3.7 billion
(Kitco News) – – Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF) announced today that the company’s South African subsidiary, Ivanplats, and its partners welcome the outstanding positive findings of an independent Platreef Integrated Development Plan 2020
Cameco reports positive COVID-19 case at its flagship Cigar Lake uranium mine
(Kitco News) – Cameco (NYSE: CCJ) (TSX: CCO) reported on November 28th that an individual at its Cigar Lake uranium mine in Saskatchewan has tested positive for COVID-19. This individual has been in isolation since November 22.
Read moreBitcoin price sets new records
(Kitco News) – Monday, bitcoin has surpassed its previous all-time high of $19,783 set in December, 2017, when it traded as high as $19,786.24. according to data from CoinDesk.
Read moregold prices remain below $1,800 following weak U.S. pending home sales numbers
(Kitco News) – The red hot housing market appears to be cooling as fewer American consumers started the process to buy a home last month, according to the latest data from the National Association of Realtors (NAR).
Gold price slumps to 5.5-month low amid risk-on attitudes
(Kitco News) – Gold futures prices are solidly down and hit a 5.5-month low in early U.S. trading Monday. Silver dropped to a nine-week low.
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