Bitcoin daily chart alert – Bulls hit the accelerator! – Nov. 5
(Kitco News) – Bitcoin-U.S. dollar prices are sharply higher and hit a 22-month high in early trading Thursday, as prices have seen a big and bullish upside “breakout” from the recent trading range.
First Majestic’s plan to stockpile silver pays off as company reports record revenue in Q3
(Kitco News) – First Majestic Silver announced record revenue in the third quarter as silver prices rallied to a seven-year high.
Barrick Gold reports record free cash flow in third quarter, sees 30% increase in realized gold price
(Kitco News) – The world’s second-largest gold producer announced record free cash flow in the third quarter due to recovering production and significantly higher gold prices.
EU company updates from: Jubilee Metals, European Metals Holdings, Greatland Gold, Central Asia Metals and Panther Metals
(Kitco News) – There has been lots of updates in the UK in the metals and mining sector. These include updates from Jubilee Metals, European Metals Holdings, Greatland Gold, Central Asia Metals and Panther Metals.
Read morePrecious metals move higher leading into the EU session
(Kitco News) -Joe Biden is edging closer to an election victory as he now has 264 Electoral College votes out of the 270 needed to win. The Democratic candidate only needs to win one more state and he is leading in Nevada and Georgia. Donald Trump has …
Read moreKinross likes its margins
(Kitco News) – Average realized gold price per ounce in Q3 was $1,908 per ounce.
Read moreYou need some gold to protect against inflation and economic chaos – Jim Cramer
(Kitco News) – Gold prices might be stuck in a consolidation pattern, but now is the time start building a position in the precious metal, said CNBC’s Jim Cramer and host of Mad Money.
A fading blue wave doesn’t tarnish gold’s potential – State Street Global Advisors
(Kitco News) – The gold market appears to be getting comfortable around the $1,900 level waiting for official election results to come as it sees the dwindling prospects of a “blue wave” sweeping through Washington and releasing significant stimulus spending.
Hudbay reports loss in Q3
(Kitco News) – Hudbay (NYSE:HBM) said Wednesday it had a net loss and loss per share in the third quarter of 2020 of $24.0 million and $0.09, respectively.
Read moreUranium miner announces success on REE trial plant
(Kitco News) – Uranium-mining company Energy Fuels (TSX: EFR) said Tuesday it produced a rare earth element carbonate concentrate on a pilot scale at its 100% owned White Mesa Mill, located near Blanding, Utah.
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