Rules of the game are changing and gold is taking advantage
(Kitco News) – It’s been a chaotic week for the markets as cryptocurrencies, stocks, and even commodities saw massive selloffs.
Read moreNon-cash revaluation drives Q1 2021 loss for Northern Vertex, production up
(Kitco News) – The loss for the quarter ended March 31, 2021 of $1,575 (2020: income of $7,511), was a result of non-cash revaluation losses.
Read morePan African bumps gold production guidance for 2021
(Kitco News) – Pan African Resources (AIM: PAF) announced today that the company’s FY 2021 production guidance increased to ca. 195,000oz of gold for the financial year ending 30 June 2021, exceeding the previous production guidance of ca. 190,000oz.
Read moreThe tide is turning for cryptos
(Kitco News) – The cryptocurrency market has been the asset class to watch this year as bitcoin prices saw a historic move to an all-time high of $65,000 a token in April.
Read moreNew Found drills 3,742 gram-meter gold interval at Keats
(Kitco News) – New Found Gold (TSXV: NFG, OTC: NFGFF) today announced high-grade assay results from an additional four holes drilled at the Keats Zone at its 100%-owned Queensway project, located on the Trans-Canada Highway 15km west of Gander, Newfoun…
Read morePilar Gold acquires Pilar gold mine from Equinox for $38M, equity and royalty interest
(Kitco News) – Pilar Gold, a private Canadian company with plans to seek a public listing later this year, announced today that on April 16, 2021, the company acquired the Pilar gold mine in Brazil from Equinox Gold for aggregate consideration of US$38…
Read moreBitcoin price to hit $307k by October, then $12.5 million by 2031 – Robert Breedlove
(Kitco News) – With news that the People’s Bank of China is curtailing Bitcoin in financial transactions in China, as well as tweets from Elon Musk that spooked the cryptocurrency market, investors have questioned the “store of value” moniker attached to the world’s largest digital coin.
What’s next for gold price after ‘game-changing’ week?
(Kitco News) – This week was a “game-changer” for gold as prices climbed towards the $1,900 an ounce level while the rest of the markets saw chaotic trading, according to analysts.
Read moreWall Street, Retail Investors watching gold’s $1,900 as bullish sentiment remains strong
(Kitco News) – The gold market continues to see strong bullish momentum and this time its from investors fleeing the high volatility in cryptocurrencies, according to the latest results from the Kitco News Weekly Gold Survey.
Read moreWorld’s top uranium miner posts 79% income decline in first quarter
(Kitco News) – Kazakhstan’s Kazatomprom, the world’s largest producer of uranium, reported today that the company’s total comprehensive income for Q1 2021 was 6.1 billion Kazakhstani tenge (~$14 million), a 79% decline compared to Q1 2020 (29.6 billion tenge or ~$70 million).
