Bitcoin daily chart alert – Bigger price move coming soon – Jun. 9
(Kitco News) – Bitcoin-U.S. dollar prices are near steady Tuesday morning, as the market continues to pause after hitting a 3.5-month high early last week.
Read moreGold, silver sales drop 50% at Perth Mint
(Kitco News) – Gold sales were 63,393 ounces, down from 120,504 ounces in April. Silver sales were 997,171 ounces, a fall from the 2.12 million ounces sold in the month previous.
Read moreHummingbird Resources acquires Guinea gold project
(Kitco News) – Dan Betts, CEO of Hummingbird, said the acquisition is transformational.
Read moreNo assurance mining and drilling can continue in certain countries – Major Drilling
(Kitco News) – “Although the company continues to operate globally, there can be no assurance that certain countries will continue to allow mining and drilling related activities as the impact of the global COVID-19 pandemic unfolds. The company is closely following developments in each of the regions in which it operates and it will continue to take actions if warranted.”
Lunar gold rush? Ice Favorability Index gives prospectors a chance to strike big on the moon — study
(Kitco News) – New research gives space mining prospectors a better chance of “striking gold” on the moon — whether it be mining minerals or making fuel.
Gold price uptrend is a long way from being threatened – DailyFX
(Kitco News) – Growing hope that the global economy will experience a sharp recovery after it was devastated by the COVID-19 pandemic will impact gold prices, but one research firm noted that there is still enough uncertainty to support gold prices thr…
Read more‘Investors who raise allocation to precious metals are sitting on a gold mine’ — ANZ
(Kitco News) – Gold will climb to $1,900 an ounce come December, according to the Australia and New Zealand Banking Group (ANZ), which remains bullish on gold despite a major selloff last week.
Read moreGold, silver gain on needed upside bounces after recent sell-offs
(Kitco News) – Gold and silver prices are higher in midday U.S. trading Monday, on upside corrections from recent selling pressure that has produced near-term chart damage in the gold market.
Read moreMoney managers hike bullish silver positioning but scale back in gold
(Kitco News) – Weekly positioning data from the Commodity Futures Trading Commission (CFTC) showed that money managers hiked their net-bullish positioning in silver futures at the same time they were cutting this in gold.
Read moreEldorado Gold to begin construction of decline at Lamaque
(Kitco News) – Eldorado Gold Corp. (TSX: ELD; NYSE: EGO) is undertaking construction of a three-kilometer tunnel, or decline, from the Sigma mill to the 405-meter level of the Triangle mine at its Lamaque operations in Quebec, the company announced Mon…
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