Pretty mixed sentiment heading into the EU open
(Kitco News) -Gold (0.13%) is still holding firm above the $1848.66 per ounce consolidation low this morning. In the grand scheme of things this move higher during the Asian session is still very small compared to the drop the market witnessed on Monda…
Read moreChampion Iron commits to phase II expansion at Bloom Lake
(Kitco News) – The company is on a roll. In its recent Q2 from last month, the company nearly doubled revenues due to high iron ore prices. Revenues were $311 million compared to $160.4 million from a year ago.
Read moreWorld’s largest untapped gold deposit gets prefeasibility
(Kitco News) – First pour is estimated at 2027.
Read morePfizer CEO dumped shares; Turkey in economic turmoil – Steve Hanke explains
(Kitco News) – Pfizer CEO dumped shares; Turkey in economic turmoil – Steve Hanke explains
Central banks will continue to buy gold to diversify their holdings – Invesco survey
(Kitco News) – In the third quarter, for the first time in nearly a decade, central banks became net sellers of gold. However, according to a report from Invesco, central banks are expected to maintain a firm grip on their gold reserves.
Read moreHow will higher gold price, COVID-19 impact Diwali’s gold demand?
(Kitco News) – It’s almost time to celebrate Diwali, known as the Festival of Light, during which it is a tradition to purchase gold.
Read moreWith growing government deficits, investors need to hold hard assets – Abitibi Royalties
(Kitco News) – Although news of a potential vaccine at the start of the week significantly dented gold’s recent momentum, one mining sector CEO said that investors shouldn’t give up on the precious metal or the mining sector.
Read moreThe great global reset: this is what happens to us when it comes – Willem Middelkoop
(Kitco News) – We’re in the end game of a dollar-based system, and a new monetary system will emerge with gold as the anchor, said Willem Middelkoop, founder of the the Commodity Discovery Fund.
Read moreBunker Hill Mine’s PEA due in Q1
(Kitco News) – Bunker Hill Mining (CSE:BNKR) said Thursday it had launched a preliminary economic assessment to assess the potential to quickly restart production for Bunker Hill Mine located in Idaho’s Silver Valley, USA.
Read moreKerr Mines and Star Royalties announce restart of the Copperstone Gold Mine
(Kitco News) – Kerr Mines (TSX:KER) and Star Royalties jointly announced Thursday a definitive US$18 million gold purchase and sale agreement to finance the restart of underground operations and gold production at the Copperstone Gold Mine in Arizona, …
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