All the signatures of another Fruta Del Norte
(Kitco News) – “Steve Leary, who was the exploration manager at Aurelian Resources when they discovered Fruta Del Norte, feels that the [project] has all the signatures of another Fruta Del Norte, and it’s just seven kilometers away,” said Hochstein.
Read moreBitcoin price to retrace to $30k, Fed to raise rates this year, where to run? Gareth Soloway
(Kitco News) – Bitcoin price to retrace to $30k, Fed to raise rates this year, where to run? Gareth Soloway
Read moreGold has the ‘green light’ as inflation heats up analysts look for break above $1,850
(Kitco News) – Analysts are still watching gold’s $1,850 level closely as inflation pressures start to heat. Still, the uncertain economic outlook forces the Federal Reserve to remain patient and maintain its ultra-loose monetary policies.
Read morePay attention because inflation is here
(Kitco News) – If you didn’t think inflation was going to heat up in 2021, then you haven’t been paying attention.
Read moreMajestic to resume gold production in China
(Kitco News) – Majestic said it has received governmental approval to resume operations at its Songjiagou North underground mine in China.
Read moreAustralia’s Firefinch revitalizes Morila gold mine in Mali
(Kitco News) – Firefinch wants to increase Morila’s production profile from current 40,000 ounces of gold to up to 200,000 ounces of gold per annum.
Read moreSouth Africa’s mining industry soars 21% in March
(Kitco News) – The Department of Statistics of South Africa announced yesterday that the domestic mining production increased by 21.3% year-on-year in March 2021.
Read moreGold Mountain expands resources at Elk Gold deposit in B.C.
(Kitco News) – Gold Mountain Mining (TSX.V:GMTN) announced Friday that the company increased its resource estimate for its flagship Elk Gold project, located in British Columbia, Canada, to 651,000 oz of Measured & Indicated resources at 6.1 g/t Au and 159,000 oz of Inferred resources at 4.8 g/t Au.
Unigold grows gold resource at Candelones, adds silver and copper
(Kitco News) – Unigold (TSX.V: UGD) announced Friday an updated mineral resource estimate for the Candelones project, part of the company’s 100% owned Neita concession in the Dominican Republic.
Read moreIs gold being ‘stabilized’ by governments? Why price hasn’t rallied on inflation – Frank Holmes
(Kitco News) – Governments and central banks might have an interest in “stabilizing” gold prices in order to maintain public confidence, which may be an explanation as to why the gold price did not move up on the release of last month’s headline record inflation data said Frank Holmes, CEO of U.S Global Investors.
