Gold Could See All-Time Highs By Year’s End According To This Strategist
(Kitco News) – A “solid” June payrolls report is not enough to break the current bullish sentiment in the gold market as prices hold above $1,400 an ounce.
Orex, Pan American Silver To Negotiate New Joint-Venture Arrangement
(Kitco News) – Orex Minerals Inc. (TSXV: REX) and a subsidiary of Pan American Silver Corp. (TSX, Nasdaq: PAAS) have agreed to negotiate a new joint-venture agreement for the Sandra Escobar project in Mexico, Orex announced Monday.
Read moreRBC’s Gero: Gold Has Enough Supportive Influences To Bounce From Sell-Off
(Kitco News) – Gold has bounced from Friday’s post-jobs sell-off, when a 224,000 rise in nonfarm payrolls left market participants thinking the Federal Reserve may not be as aggressive cutting interest rates as previously thought, said George Gero
Gold Prices Up; Charts Still Bullish
(Kitco News) – Gold prices are moderately higher in early U.S. trading Monday.
Read morePBOC Adds Another 10.3 Tonnes To Gold Holdings
(Kitco News) – The binge in central-bank gold buying continued when the People’s Bank of China announced at the start of the week that it added another 10.3 tonnes of the precious metal to its holdings, analysts said.
Argentinian Lithium Carbonate Plant Is Online
(Kitco News) – Argosy Minerals said today that it achieved carbonate production at its industrial-scale pilot plant.
Read moreDiamond Auction Nets Alrosa $10.3 Million
(Kitco News) – A Hong Kong auction brought in $10.3 million for Alrosa’s diamonds, the company announced yesterday.
Read moreEric Sprott Makes $25 Million Investment In Continental Gold
(Kitco News) – Continental Gold, which is advancing its Buriticá project in Antioquia, Colombia, closed a $25 million non-brokered private placement with Eric Sprott.
Fed’s Easing Pace Questioned But Gold To Remain Around The $1,400 Level – Analysts
(Kitco News) – The precious metals sector got hit hard on Friday as the market re-priced its Federal Reserve rate cut expectations — taking a 50-basis point cut off the table in July.