Gold prices gain as geopolitics back in play
(Kitco News) – Gold and silver prices are firmer in early U.S. trading Tuesday. There are several geopolitical matters at work that have traders and investors worldwide in a bit of a risk-averse mood.
Read moreBitcoin daily chart alert – Bulls stabilizing the market – Oct. 8
(Kitco News) – Bitcoin-U.S. dollar futures prices are near steady in early U.S. trading Tuesday. The bulls have stabilized the market recently.
Read moreGold ETF holdings surpass 2012 levels, hit all-time highs in September
(Kitco News) -The data continue to pile up showing that September was a historic month for the gold market.
In its latest report published Tuesday, the World Gold Council (WGC) said that holding in global, gold-backed exchange traded products surpa…
Read moreMundoro receives $45 million earn-in from Vale for Serbian projects
(Kitco News) – Mundoro has granted to Vale an option to earn up to a 75% interest in four properties located within the Timok Magmatic Complex: Sumrakovac, Osnic, Dubrava and Padina. Vale will provide funding up to $45 million to advance the projects.
Read moreSouth African miners releases inaugural climate change disclosure report
(Kitco News) – In the report, Gold Fields listed a number of risks facing its operations including potential flood failure beyond 1 in 100 year levels. Several mines are also facing extreme heat which stresses staff and equipment.
Read moreAgnico Eagle achieves production at satellite deposit
(Kitco News) – The company said the Amaruq site was affected by heavy rains, which slowed dewatering and pushed the project back one month.
Read moreBenchmark Metals jumps on drill results, closes financing
(Kitco News) – The company also closed a previously announced private placement and raised C$7.5 million. Williamson said Benchmark is fully funded for 2019 operations and a planned 25,000 meter drill program in 2020.
Read moreBrexit drama is pushing U.K. investors into gold – Goldex
(Kitco News) – There has been a significant boost in the number of investors entering the gold market as they hedge against the collapsing British pound amid Brexit drama this year, said Goldex CEO and founder Sylvia Carrasco.
Read moreIf things get ugly…
(Kitco News) – The broad markets had a strong few days to end last week. A few positive tweets from Trump and quotes from Chinese officials on potential trade deal progress and investors got excited.
Read moreBlockbuster $750 million deal as Impala acquires North American Palladium
(Kitco News) – Ontario miner North American Palladium (TSX: PDL) said today that it will be acquired by Impala Platinum Holdings for about C$1.0 billion (US$750 million).
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