Core Lithium increases resource by over 50%
(Kitco News) – Australia’s Core Lithium (ASX:CXO) announced Monday that it grew its mineral resource estimate (MRE) to 15Mt at 1.3% Li2O, a 52% increase.
Read moreNew mystery: Who left $200K worth of gold on a Swiss train and forgot to claim it
(Kitco News) – Have you seen the latest heist movie about $200,000 worth of gold bars being left on a commuter train? Wait a second: that is actually what happened in a beautiful lakeside Swiss city of Lucerne. And eight months later, no one has come f…
Read moreImproving industrial demand should help silver prices recover in 2021 – Bank of America
(Kitco News) – Silver prices could continue to struggle this year as the COVID-19 pandemic weighs on industrial demand; however, the precious metal’s future looks bright as industrial sector recovers faster from the impact of the global pandemic, according to analysts at Bank of America.
Gold weaker but recovers from early, sharp losses
(Kitco News) – Gold prices are moderately lower in midday U.S. trading Monday, but well up from sharp, early losses.
Read moreMoney managers trim gold bullish positioning to lowest level since May 2019
(Kitco News) – Money managers trimmed their net-bullish positioning in both gold and silver futures during the most recent reporting period for data compiled by the Commodity Futures Trading Commission.
Read moreCFTC Commitments of Traders – Renewed Coronavirus Concerns may Lead to New Rally in Gold
(Kitco News) –
Read moreKinross Gold announces agreement to resolve issues Mauritanian government
(Kitco News) – Kinross Gold Corp. (TSX: K; NYSE: KGC) has reached an agreement on several issues with the government of Mauritania to “enhance” the partnership between the two, the company said Monday.
Read moreRBC’s Gero: gold under pressure but ‘look for bargain hunting’
(Kitco News) – Gold has been hurt by margin-related selling as stocks tumble, but look for gold buying to emerge at lower prices sometime this week, said George Gero, managing director with RBC Wealth Management.
Read moreGold, silver prices down, following global stock market sell-off
(Kitco News) – Gold and silver prices are solidly lower in early U.S. trading Monday. On this day traders appear more focused on the bearish prospects of reduced consumer demand for precious metals due to hobbled economies, than on their safe-haven asp…
Read moreGold prices ignore strong rise in New York Fed Empire State Survey
(Kitco News) – Gold prices are struggling to find momentum with prices holding above critical support at $1,700 following renewed optimism in the New York region’s manufacturing sector, according to the latest data from the New York Federal Reserve.