GBP/USD strengthens after Bank of England update
(Kitco News) – The central bank said that UK GDP is expected to have risen a little in 2020 Q4 to a level around 8% lower than in 2019 Q4. This is materially stronger than expected in the November Report.
Read moreBitcoin daily chart alert – Prices hit 3-week high, bulls in command – Feb. 4
(Kitco News) – Bitcoin-U.S. dollar prices are higher again and hit a three-week high in early U.S. trading Thursday. The BC bulls are having a very good week and have the firm overall technical advantage.
Read moreConroy Gold and Natural Resources announce further discoveries
(Kitco News) – Conroy Gold and Natural Resources plc (CGNR:LSE) has announced further gold discoveries on its Glenish gold licence: a large new gold-in-soil anomaly, and a new gold mineralised outcrop indicating an extension of the Glenish Gold target.
Read moreNova Resources up the ante for Kaz Minerals
(Kitco News) – On 28th October 2020 the board of Nova Resources B.V. (Bidco) and the Independent Committee announced the terms of a recommended cash offer to be made by Bidco for the entire issued and to be issued share capital of KAZ Minerals PLC.
Read moreSRG Global win Great Western gold mine contract
(Kitco News) – Pit N Portal Mining Services has given a drill and blast contract at Red 5’s Great Western gold mine in Western Australia to SRG Global (SRG:ASX). This deal would contribute to the circa $45 million in contracts received by SRG, along with a five-year contract with GFG Liberty OneSteel.
Gold and silver move lower heading into the EU session
(Kitco News) – Gold and silver are trading lower leading into the EU open. Gold looks like its heading towards the previous wave low on the daily chart at $1802.47/oz. Silver is trading at $26.70/oz and has pared nearly all of the move following the “R…
Read morePlatinum Group Metals receives approvals for Waterberg JV Resources
(Kitco News) – The current basket price per 4E ounce of Waterberg PGMs is approximately US $2,100 and the Waterberg DFS estimated the life of mine cash cost per 4E ounce at US $640
Read moreBaru Gold gets license to start mining
(Kitco News) – CEO Terry Filbert said the company has waited a long time for clearance.
Read moreDe Beers shakes off COVID-19 sales slump
(Kitco News) – The company said that the company had to implement a more flexible approach to rough diamond sales during the first sales cycle of 2021.
Read moreRoyal Gold averages $1,874 oz gold in H2
(Kitco News) – The annual dividend increased to $1.20 per share, a 7% increase over the prior year, and the 20th consecutive annual increase.
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