‘Netherlands must now ban bitcoin’ – Central Planning Bureau
(Kitco News) – Warning that cautious regulation can backfire, Netherland’s Central Planning Director said Netherlands must act fast and ban bitcoin now.
Read moreGold, silver weaker but well up from daily lows
(Kitco News) – Gold and silver prices are lower in midday U.S. trading Monday, but have made a good recovery from the sharp losses seen in early trading, which took gold prices to a four-week low.
Read moreSaudi Arabian mining giant Ma’aden awards operations contract on $880 million gold project
(Kitco News) – On June 10th, the Saudi Arabian Mining Company (Ma’aden) announced that it has signed a contract with Jac Rijk Al-Rushaid Contracting & Services (“JRARCS”) to provide operational mining services at the Ma’aden’s Mansourah & Massarah gold mines.
Gold price doesn’t budge after New York Fed highlights higher inflation in 2022
(Kitco News) – The gold market is off its lows but still struggling in negative territory, finding little traction as data from the Federal Reserve of New York further highlighted the growing inflation threat.
Read moreGold is running out of gas, but analysts see correction as buying opportunity
(Kitco News) – Hedge funds are starting to take some profits in their bullish gold bets as the price struggles around $1,900 an ounce, according to the latest data from the Commodity Futures Trading Commission (CFTC).
Read moreRussia’s central bank ‘not planning to buy gold’ due to changes in National Wealth Fund composition
(Kitco News) – Russian central bank is “not planning” on buying more gold on the domestic market in light of the recent changes to the National Wealth Fund composition, said Elvira Nabiullina, the head of the country’s central bank.
Read moreVista Gold a step closer to start gold mining in Australia
(Kitco News) – Today, Vista Gold (NYSE American and TSX: VGZ) announced that it has received approval of the Mining Management Plan (“MMP”) by the Northern Territory Government for the company’s 100% owned Mt Todd gold project located in Northern Terri…
Read moreYamana expects construction decision for Wasamac in July, acquires adjoining properties
(Kitco News) – Yamana Gold (TSX: YRI; NYSE: AUY; LSE: AUY) announced Monday that it has agreed to acquire from Globex Mining the Francoeur, Arntfield and Lac Fortune gold properties adjoining the company’s Wasamac project as well as additional claims in the Beauchastel township to the east of the Wasamac project.
Yamana expects construction decision for Wasamac in July, acquires adjoining properties
(Kitco News) – Yamana Gold (TSX: YRI; NYSE: AUY; LSE: AUY) announced Monday that it has agreed to acquire from Globex Mining the Francoeur, Arntfield and Lac Fortune gold properties adjoining the company’s Wasamac project as well as additional claims in the Beauchastel township to the east of the Wasamac project.
Solid price pressure on gold, silver amid scant risk aversion
(Kitco News) – Gold and silver prices are sharply down and near their session lows in early morning U.S. trading Monday.
Read more