Latest News

Bitcoin daily chart alert – bearish downside price breakout occurs – Sept. 19

(Kitco News) – Bitcoin-U.S. dollar futures prices are solidly lower and hit a three-week low in early U.S. trading Thursday.

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Golden Arrow unloads Puna stake

(Kitco News) – Golden Arrow (CVE:GRG) shareholders voted in favor of selling the company’s 25% stake in its Puna Operations to SSR Mining for C$44.4 million.

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Gemfields expects lower net profit in H1

(Kitco News) – African diamond-miner Gemfields (JSE:GML ) said this week that it is “reasonably certain” its net profit after tax will be $12.4 million for the 6-month period to 30 June 2019 compared to $16.0 million for the same period a year ago.

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Heron Resources’ CEO departs, shares suspended

(Kitco News) – Wayne Taylor, CEO of Heron Resources, was asked to step down by the company’s board.

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Gold bar finally poured after ‘blood, sweat and tears’

(Kitco News) – Victoria Gold was able to simulcast its first gold pour at its Eagle Mine yesterday.

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A 123 carat gem-quality diamond is recovered by Lucara

(Kitco News) – Lucara Diamond (TSX:LUC) announced today that it recovered a 123 carat gem quality diamond from its Karowe Diamond Mine located in Botswana.

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Calibre Mining closes C$102.5 million equity financing

(Kitco News) – Nicaragua-focused exploration company Calibre Mining (CVE: CXB) announced yesterday that it closed a $77.2 million (C$102.5 million) brokered private placement.

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Global growth is slowing; gold price could hit $25,000 long-term

(Kitco News) – Global growth is slowing; gold price could hit $25,000 long-term

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Gold prices weaker as Federal Reserve not so easy

(Kitco News) – Gold and silver prices are weaker in afternoon U.S. trading Wednesday, in the wake of the just-released FOMC statement that did not lean as accommodative on U.S. monetary policy as many expected.

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Gold prices drop but holding $1,500 after fractured Federal Reserve cuts rates

(Kitco News) – Gold prices are under pressure but holding critical support above $1,500 an ounce as the Federal Reserve cuts interest rates but strikes fairly neutral tone on the U.S. econom and a fractured central bank.

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