Torex increases Media Luna indicated resources by 58%
(Kitco News) – Torex Gold (TSX: TXG) today announced an updated Mineral Resource estimate for the Media Luna project in Mexico.
Read moreGold prices to average $1,820 in 2021 – Metals Focus
(Kitco News) – Although there is plenty of bullish sentiment in the gold market to support prices this year, one research firm said that investors shouldn’t expect the same type of euphoria that drove the price to record highs last year.
Read moreChina’s release of national copper reserves not a game-changer for price rally – analysts
(Kitco News) – Copper prices have been taking a hit, falling to a two-month low after China announced that it would sell its strategic reserves of the base metal to cool down what has been a hot market.
Read moreSenior copper producer KAZ Minerals went private in $6 billion deal
(Kitco News) – Nova Resources B.V. (“Bidco”), a company indirectly owned by joint offerors Oleg Novachuk and Vladimir Kim, today announced that its recommended increased cash offer for the entire issued and to be issued share capital of KAZ Minerals Li…
Read more‘Best time to buy gold is before crisis’: watch inflation risk and $3K gold price target, says industry expert
(Kitco News) – Inflation is a significant risk facing investors, which is why now might be the best time to turn to safe-haven assets such as gold, said Adam Trexler, founder and president of Valaurum.
Read moregold price unchanged on the day, failing to get a lift from disappointing U.S. housing construction data
(Kitco News) – The gold market is holding critical support above $1,850 an ounce but remains unable to attract new bullish momentum even as momentum in the U.S. housing sector continues to slow.
Read moreSome price strength in gold, silver ahead of FOMC results
(Kitco News) – Gold and silver prices are modestly up in early morning U.S. trading Wednesday. Traders will remain tentative, however, ahead of the Wednesday afternoon conclusion of the Federal Reserve’s latest monetary policy meeting.
Bitcoin daily chart alert – Stable market at mid-week favors bulls – Jun. 16
(Kitco News) – Bitcoin-U.S. dollar prices are weaker in early U.S. trading Wednesday, but overall the market has turned into a stable trading affair just recently and that favors the bullish camp.
Read moreCould bitcoin miners be moving to the wild west?
(Kitco News) – Cryptocurrency miners have been based in China for a very long time and no doubt some will continue to mine there. There could be a new Sherrif in town as the previous bitcoin-friendly Beijing wants them out.
Read moreChinese induatrial production falls but the NBS say the employment situation has improved
(Kitco News) – Chinese Industrial Production year on year fell to hit 8.8% for the month of May vs analyst consensus estimates of 9.0% and previous reading of 9.8%. As the nation comes out of the COVID-19 pandemic these numbers will be suffering from a…
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