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Not a quiet summer: Gold price to take direction from U.S. data, Fed speak, USD, and yields – MKS PAMP GROUP

(Kitco News) – After seeing the worst weekly performance in 15 months, some of the worst gold outflows could be behind the precious metals space, according to MKS PAMP GROUP head of metals strategy Nicky Shiels.

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Kinross resumes mining at Tasiast after a mill fire, reduces 2021 guidance

(Kitco News) – Kinross Gold (TSX:K; NYSE:KGC) today provided an update regarding the temporary suspension of milling operations at its Tasiast mine due to a fire that occurred on June 15, 2021.

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GoldMining grows gold, copper and silver resources in Alaska

(Kitco News) – GoldMining (TSX: GOLD) announced Monday the results of an updated Mineral Resource Estimate on its 100% owned Whistler project in south central Alaska, U.S.A., consisting of resource estimates for the Whistler, Island Mountain and Raint…

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Eurobattery reports 50% resources increase at Hautalampi Ni-Cu-Co project in Finland

(Kitco News) – Eurobattery Minerals, a growth company in the mining and exploration industry with the vision to help Europe become self-sufficient in ethical battery minerals, today announced a new maiden mineral resources estimate results from its Hau…

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Basel III is not a game-changer for gold prices and will lead to higher costs and lower liquidity – Bank of America

(Kitco News) – Many gold analysts have been getting excited about the prospect of strong physical demand coming to the gold market as banks holding the precious metal will have to meet new funding ratio requirements under the Basel III agreements.

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Bitcoin price falls: $15k can be retested before new highs are breached says trader

(Kitco News) – The short-term momentum for Bitcoin continues to be down, said Andrei Stanciulescu, founder of Sublime Traders.

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Crowdfunding helps Cornish to establish a battery metals hub for the UK

(Kitco News) – Cornish Lithium, the innovative mineral exploration and development company based in Cornwall, UK, today announced that it has successfully completed a crowdfunding campaign on Crowdcube raising £6 million (~$8.4 million) to progress its geothermal and hard rock projects in Cornwall and to create additional value for shareholders.

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Gold Royalty and Ely Gold merge to create new royalty company with a peer-leading resource endowment in the Americas

(Kitco News) – Gold Royalty (NYSE American: GROY) and Ely Gold Royalties (TSX-V: ELY, OTCQX: ELYGF) announced today that they have entered into a definitive agreement, dated June 21, 2021, pursuant to which Gold Royalty will acquire all of the issued a…

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Woxna graphite project will have 90% less carbon footprint compared to Chinese operations – study

(Kitco News) – Leading Edge Materials (TSXV: LEM) announced today the preliminary Live Cycle Assessment (“LCA”) results for its Woxna graphite anode project in Sweden, prepared by Minviro.

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Jim Cramer sells ‘almost all’ of his bitcoin as prices hit 2-week lows on China crackdown

(Kitco News) – As bitcoin hit two-week lows Monday, CNBC’s Jim Cramer said he “sold almost all” of his bitcoin, citing concerns over China’s crypto mining crackdown and ransomware attacks.

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