Higher gold prices to trigger spike in M&A activity in 2020 — Fitch Solutions
(Kitco News) – As investors are embracing gold as a safe haven asset, boosting the precious metal’s prices, gold mining’s M&A activity is likely to see a spike higher throughout this year, Fitch Solutions said in a report.
Ely Gold Royalties schedules live Q&A
Ely Gold Royalties is a royalty and prospect generator company with its focus on Nevada.
Read more‘Bottom in silver’: 2020 is ‘the best buying opportunity’ – ABC Bullion
(Kitco News) – This spring’s unprecedented selloff could mark the bottom in silver for the next few years to come, which means that 2020 is looking more and more like “the best buying opportunity,” according to ABC Bullion.
Read moreUnderground copper mine in Montana has all required permitting
(Kitco News) – Sandfire Resources Ltd (ASX: SFR; Sandfire) said yesterday that is has all the required permitting in place for its 85%-owned Black Butte Copper Project in Montana, USA.
Read moreGold lower on some profit taking from recent gains and higher USDX
(Kitco News) – Gold futures are moderately lower in midday U.S. trading Thursday, on a corrective pullback and normal profit taking in a still-strong price uptrend.
Read moreGold price breaks $1,700; let it ride to $2,000 – Bank of America
(Kitco News) – Bank of America’s target for gold the year was hit earlier this week as prices pushed above $1,750 an ounce, hitting a 7.5-year high. The bank’s analysts are now letting their bullish bet ride to all-time highs.
TDS: gold stronger, market prices in ‘unprecedented stimulus’
(Kitco News) – Gold is higher, with the market still factoring in massive stimulus from central banks and governments, said TD Securities. As of 10:14 a.m. EDT, Comex June gold was $16.20 higher at $1,756.40 an ounce.
Read moreCommerzbank: Temporary U.S. Mint shutdown could mean supply shortage of gold coins
(Kitco News) – The temporary shutdown of the U.S. Mint’s West Point facility in New York, announced late Wednesday, could result in a shortage of supply, especially for gold coins, said Commerzbank.
Read moreB2Gold: exploration-camp worker tests positive for COVID-19; Fekola mine still operating
(Kitco News) – B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) reported Thursday that an employee at the Fekola exploration camp has tested positive for the COVID-19 virus, but operations at the Fekola mine have not been impacted.
Read moreThere is enough gold supply to meet demand…for now – GraniteShares
(Kitco News) – Logistical and supply-chain issues continue to create a liquidity crisis in the gold market, but Will Rhind, CEO of GraniteShares, said that there is enough supply of the precious metal to meet demand, at least for now.
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