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Biotech stock MindMed climbs 70% after Oregon legalized psychedelics

(Kitco News) – Biotech stock MindMed climbs 70% after Oregon legalized psychedelics

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Peak in gold price? Precious metal to drop below $1,650 in next two years, says Westpac

(Kitco News) – Gold’s record high of $2,070 an ounce was likely the peak, at least for now, according to Westpac, which sees gold dropping below $1,650 in the next two years.

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Will gold price’s next ‘big move’ soar to $2,400 or collapse to $1,600? – Chris Vermeulen

(Kitco News) – Will gold price’s next ‘big move’ soar to $2,400 or collapse to $1,600? – Chris Vermeulen

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Patagonia Gold receives provisional permit to build Cap Oeste underground mine

(Kitco News) – Patagonia Gold (TSXV: PGDC) announced today that it has received a provisional permit to proceed with the development of the Cap-Oeste gold/silver underground project in Argentina.

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Caldas Gold changes name to Aris Gold after a CA$85 million private placement

(Kitco News) – Caldas Gold (TSX-V: CGC) (OTCQX: ALLXF) announced today that it has commenced a private placement financing with a group of investors principally referred by Aris Gold that will result in changes to the management and the board of direct…

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Kirkland Lake Gold to start exploration at Wallbridge’s Detour East property

(Kitco News) – Wallbridge Mining Company (TSX:WM) today announced that it has entered into an option agreement with Kirkland Lake Gold (TSX:KL) with respect to its Detour East gold property.

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Kerr Mines is closer to restart Copperstone gold mine after US$18 million project financing

(Kitco News) – Kerr Mines (TSX: KER, OTC: KERMF) and Star Royalties announced the closing of the first installment of their previously announced US$18 million gold purchase and sale agreement which will be used to finance the restart of underground ope…

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Analysts watching gold’s 200-day moving average after $1,850 fail

(Kitco News) – Growing positive investor sentiment and a strong U.S. dollar are proving to be formidable headwinds against gold as the market has lost a critical support level.

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Gold pounded to 4-mo. low amid upbeat marketplace attitudes

(Kitco News) – Gold futures prices are sharply down and hit a four-month low in midday U.S. trading Monday. Gold and silver are seeing strong pressure from better risk appetite in the marketplace to start the trading week.

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Selloffs in gold are ‘misguided’: Focus shifts to Fed’s minutes and December meeting – analysts

(Kitco News) – This week’s focus will be on the Federal Reserve meeting minutes as markets try to navigate positive vaccine news mixed in with pandemic realities, analysts said.

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