Australian gold miner launches A$54 million capital raise
(Kitco News) – Alkane Resources said Thursday it is raising up to A$54.8 million (US$37.09 million) at 55 cents per share to fund exploration and development of its Tomingley Corridor in New South Wales.
Read moreOZ Minerals greenlights Brazilian mine
(Kitco News) – OZ Minerals said Thursday it will commence constructions of its copper-gold Pedra Branca Mine, which will eventually employ 450 people.
Read moreLa Parilla Mine commences production
(Kitco News) – W Resources (AIM: WRES)–a tungsten, tin and gold mining company–said Thursday that its flagship La Parrilla Mine in Spain commenced production.
Read moreCanadian Investment firm moves closer to launching bitcoin fund
(Kitco News) – Cryptocurrencies are taking another step into the mainstream as one Canadian company continues to move forward with its plans to list a bitcoin fund on a major stock exchange.
Read moreGold prices holding steady, waiting for potential trade fallout after Thanksgiving holiday
(Kitco News) – The gold market is treading water Thursday as U.S. markets are closed for the Thanksgiving holiday and see a shorted trading day Friday.
Read moreThis metal will hit $2,000 before gold does — analysts
(Kitco News) – Palladium is the standout precious metal this week as it hit new record highs while the U.S. markets were closed for the Thanksgiving holiday.
Read moreGold is no longer an ‘optional allocation’ says Lombard Odier Group
(Kitco News) – Persistent negative government bond yields have fundamentally changed the investment risk landscape and as a result, gold is now the preferred safe-haven asset within a diversified portfolio, according to one private Swiss asset manageme…
Read moreGold investors haven’t missed the boat, just wait until after USD surge – Ice Cap Asset Management
(Kitco News) – The gold market continues to struggle to find momentum as support holds above $1,450 an ounce, but one fund manager said that he doesn’t see any rush into gold in the near-term as the U.S. dollar is on the verge of surging higher.
‘Very quiet’ session as traders are ‘sitting out’ during U.S. holiday – MKS PAMP Group
(Kitco News) – Gold is trading in a narrow range on Thursday as many traders choose not to make any big moves while the U.S. celebrates Thanksgiving, MKS PAMP Group says.
Read moreRoss Beaty on mining’s Achille’s heel
(Kitco News) – On getting to a mining industry with better social acceptance, Ross Beaty said problems with tailings are holding the industry back.
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