Gold Sinks To 5-Week Low Amid Risk-On Attitudes

Gold prices are solidly lower and fell to a five-week low in early U.S. trading Monday, pressured by upbeat trader and investor attitudes about the marketplace to start the trading week.

Acacia’s North Mara Gold Mine In Tanzania Invaded In Attempt To Steal Ore

Acacia’s North Mara gold mine in Tanzania was taken over by more than 500 residents from nearby villages three times last week, as they clashed with police in an attempt to steal gold ore.

After More than A Century, This Mining Jurisdiction Still Has Plenty Of Golden Opportunities

After More than A Century, This Mining Region Still Has Plenty Of Golden Opportunities

(Kitco News) – More than one century after gold was first discovered, the Val d’Or, Abitibi-Témiscamingue region remains one of the top gold mining jurisdictions in the world; and, according to mining analysts and mining executives, that is unlikely to change anytime soon.

Gold Investors, Keep An Eye Out on These Two Markets Next Week

(Kitco News) – A relatively light week for economic data could leave gold in no man’s land and vulnerable to outside markets, particularly oil and the U.S. dollar, according to some analysts.

Wall St., Main St. Lean Bullish Again As Gold Recovers

Gold has resumed a bullish trajectory, and so have respondents in the weekly Kitco News gold survey.

Ancient Gold Miner’s Tomb Discovered Along Nile River

A 3,400-year-old ancient tomb of a gold worker was discovered on Sai Island, located along the Nile River in northern Sudan. Researchers believe the buried individual was linked to the ancient gold mine on the island.

Gold Shrugs Off 2.9% Rise In New Home Sales

(Kitco News) -Gold continues to ignore U.S. economic data following a report showing an increase in new home sales last month.

Gold Ignores Weakness In Flash Manufacturing, Service Sector PMI

(Kitco News) – Gold prices remain up on the day, largely ignoring weaker-than-expected preliminary U.S. manufacturing and service sectors.

Barrick, Novagold OK Drilling Effort At Giant Donlin Project

Novagold Resources Inc. (NYSE, TSX: NG) and partner Barrick Gold Corp. (NYSE, TSX: ABX) announce an $8 million budget for a 2017 drill program at the Donlin gold project in Alaska.