Latest News

Bitcoin daily chart alert – Bulls fade late this week – Jun. 25

(Kitco News) – Bitcoin-U.S. dollar prices have sold off a bit late this week on a corrective pullback from early-week gains.

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Teck makes US$550 million notes offering

(Kitco News) – Teck intends to use the net proceeds from the offering, together with cash on hand if necessary, to fund its previously announced tender offers to purchase any and all of the combined US$538,695,000 aggregate principal amount outstanding…

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Vizsla Resources gains on drill hit

(Kitco News) – “These results are a very exciting discovery for Vizsla with multiple veins intersected in drilling containing very high-grade silver, gold and base metals.  These holes are the first ever drilled on the Napoleon vein which ex…

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Alexco Resources is permitted, production slated for end of year

(Kitco News) – The company also announced a $26 million bought-deal financing co-led by Cormark Securities Inc. and Cantor Fitzgerald.

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Chile’s lithium miners consume 65% of region’s water

(Kitco News) – Most of the materials value is flowing to developed countries where the bulk of the processing occurs, such as Belgium, China, Finland, Norway and Zambia.

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Calibre Mining takes 20% production hit from COVID-19 closures

(Kitco News) – Ball said the company is guiding to just a 4% increase in costs on a per ounce basis

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Where is gold headed next week? Vote now!

(Kitco News) – Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short-term

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This gold rally could take prices as high as $3,000 an ounce — Edison

(Kitco News) – With the Federal Reserve’s response to the COVID-19 crisis, gold prices are likely to near $1,900 with the potential to go up as high as $3,000 an ounce, according to Edison’s latest gold report.

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Gold hits 7.5-year high, backs off on normal profit taking

(Kitco News) – Gold prices are moderately lower in midday U.S. trading Wednesday after pushing to a 7.5-year high of $1,796.10 overnight, basis August futures, before backing off.

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More gold-sector M&A expected; no-premium deals gain in popularity

(Kitco News) – Mergers are likely to continue in the gold-mining industry, although there is a trend toward no-premium acquisitions, fund managers and analysts said.

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