Gold, silver bulls work on price stabilization
(Kitco News) – Gold and silver prices are slightly lower in the early U.S. trading Tuesday, as the bulls need to see prices stabilize in order to avoid serious chart damage, following Monday’s drubbing.
Bitcoin daily chart alert – Bulls work to stabilize prices – Sep. 22
(Kitco News) – Bitcoin-U.S. dollar prices are near steady early Tuesday, as traders try to stabilize prices after Monday’s big downside price move. Bitcoin bulls were disappointed their currency did not catch a safe-haven bid amid the global stock market sell off Monday.
Calidus to acquire high-grade Blue Spec gold mine near Warrawoona
(Kitco News) – Warrawoona, we intend to undertake study work aiming to significantly reduce costs associated with mining and processing this very high grade deposit, which has the potential to add significant production ounces to Calidus in future year…
Read moreAngloGold Ashanti reinstates 2020 guidance
(Kitco News) – The company withdrew guidance in late March of this year.
Read moreGold production to drop 1.7% due to COVID-19 disruptions – GlobalData
(Kitco News) – “Meanwhile, Anglogold Ashanti and Kinross have suspended their outlook for 2020, while Polyus Gold’s guidance remains the same. COVID-19 restrictions on AngloGold Ashanti’s South African operations which led to a 63koz year-o…
Read moreWallbridge Mining announces C$56 million bought deal financing
(Kitco News) – Funds will be used to advance Wallbridge’s Fenelon Gold Project and for general corporate purposes.
Read moreWhy gold, stocks are plunging and what’s next says Phil Streible
(Kitco News) – Why gold, stocks are plunging and what’s next says Phil Streible
Gold investors to miners: ‘Appeal of mining equities escapes generalist investors’
(Kitco News) – Despite seeing record-breaking interest in the physical gold space as well as the gold-backed ETFs market, the appeal of gold mining stocks still escapes generalist investors, major gold investors wrote in an open letter to the mining in…
Read more‘Easy money’ explained: the source of gold investors’ profits in 2020
(Kitco News) – The flow of capital into the mining sector saw a new trend; a wave of investors who have previously not been involved in the precious metals sector, said Andree St-Germain, CFO of Integra Resources.
Read morePandemic fears, election uncertainty, U.S. dollar strength: a perfect storm is brewing against gold price – analysts
(Kitco News) – Renewed economic turmoil and geopolitical uncertainty is creating massive panic in the marketplace Monday and according to some analysts, cash is king in this environment.
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