Seabridge Gold acquire Golden Predator’s 3 Aces Project in Canada’s Yukon
(Kitco News) – Golden Predator has done an excellent job of demonstrating the exploration potential at 3 Aces, confirming the project’s positive metallurgy and establishing excellent relationships with local First Nations and communities. Their focus h…
Read morePremier announces $205M offer to acquire Centerra’s interest in Greenstone Gold Mines Partnership
(Kitco News) – GGM’s principal asset is the Hardrock Mine Project located on the Trans-Canada Highway near Geraldton, Ontario, Canada. Hardrock is one of the most significant large-scale, near permitted, mine development projects in North America.
Read moreAnglo American cancels diamond auction
(Kitco News) – The company said it is seeking “innovative ways” to meet the demand for rough diamonds in the coming weeks.
Read moreThe outlook for deals is ‘improving considerably’ – Osisko Gold
(Kitco News) – In a note from Haywood published today, analysts said the valuation is “modest” but the “…financing gives Osisko additional firepower to respond to any opportunities that may emerge in the current market.”
Read morePlenty of gold sitting in ‘wrong location’ and in ‘wrong form’ — Scotiabank
(Kitco News) – There is no shortage of gold out there, but there are some serious “physical bottlenecks” for certain gold products that are just sitting in wrong locations, Scotiabank said in its latest update.
Read moreRussian central bank halts gold purchases
(Kitco News) – The gold market continues to deal with liquidity issues as mines and refiners close down because of the economic impact the spreading coronavirus is having across the globe; however, the market can now also expect to see lower demand as …
Read moreGold, silver pull back as U.S. stocks, greenback rebound
(Kitco News) – Gold and silver prices are trading lower in midday U.S. trading Monday, as a rally in the U.S. stock market has, at least on this day, dented buying interest in the precious metals.
Read moreKicking off historic bull run: ‘Look for new record highs above $1,921’ — Credit Suisse
(Kitco News) – The comparisons between today’s gold price action and that of 2008 are gaining popularity with Credit Suisse now expecting the COVID-19 crisis to eventually push gold to new record highs of above $1,921 an ounce.
Read moreMoney managers increase net-bullish gold positioning
(Kitco News) – Money managers upped their net-bullish positioning in gold futures modestly during the most recent reporting week for data compiled by the Commodity Futures Trading Commission (CFTC).
Read morePGM producers declare force majeure; lockdowns ‘everywhere’ but no price boost
(Kitco News) -Several major South African producers of platinum group metals announced Monday that they are declaring force majeure on supply shipments due to mine shutdowns as a result of the COVID-19 pandemic, according to news reports.
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