The Fed is out of control and the gold price will be above $2,000 by year end – Adrian Day
(Kitco News) – Gold and silver prices are going to go higher and end the year above $2,000 an ounce and investors shouldn’t worry or quibble over some short-term profit taking and consolidation, according to one fund manager.
Nordgold profit up 3.6 times in H1
(Kitco News) – Refined gold production increased by 8% year-on-year to 507,300 ounces.
Read moreFront-end loader operator dies in accident
(Kitco News) – Kenmare Resources (LSE:KMR, ISE:KMR) reported a fatality at its Moma Titanium Minerals Mine in northern Mozambique on Monday.
Read moreKodal Minerals signs MOU to develop Bougouni lithium project
(Kitco News) – Kodal Minerals announced today it signed a memorandum of understanding with Sinohydro Corporation Limited to develop the Bougouni lithium project based in Mali.
Read moreGem Diamonds recovers 233 carat diamond
(Kitco News) – Gem Diamonds (LSE: GEMD) recoverd a high quality 233 carat type II white diamond from the Letšeng mine in Lesotho.
Troilus’ PEA for its Quebec project shows an after-tax NPV of 5% of $1.156 billion
(Kitco News) – Troilus Gold (TSX: TLG; OTCQB: CHXMF) said on Monday its preliminary economic assessment for its Troilus gold project in Quebec, Canada, is positive.
Read moreNouveau Monde Graphite closes C$20 million financing
(Kitco News) – Nouveau Monde Graphite (TSXV: NOU; OTCQX: NMGRF; Frankfurt: NM9) said last week it closed C$20 million financing from Pallinghurst Graphite Limited.
Read moreHummingbird Resources completes Kouroussa gold project acquisition
(Kitco News) – Hummingbird Resources (AIM:HUM) announced today it completed the acquisition of the Kouroussa Gold Project, located in Guinea.
Read moreMalachite Resources picks up remaining 85% in Solomon Island nickel project
(Kitco News) – Malachite Resources Limited (ASX: MAR) announced last week it has acquired 85% interest in Sunshine Minerals Limited, a private company incorporated in the Solomon
Islands.
Gold, silver only modestly up, but bulls keep solid chart edge
(Kitco News) – Gold and silver prices are a bit firmer in midday U.S. trading Tuesday, and off their earlier highs. However, both metals are still in a strong technical position on the charts.
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