Gold prices remain under pressure following strong rise in U.S. Flash PMI data
(Kitco News) – The gold market remains under pressure but is seeing little movement heading into the weekend as positive economic data and improving sentiment weighs on the precious metal.
Yamana Gold completes the acquisition of the Wasamac site
(Kitco News) – Yamana Gold (YRI:TSX & AUY:LSE) has announced the successful completion of its acquisition of the Wasamac property and the Camflo property and mill from Monarch Gold Corporation.
Gold technical analysis ahead of the US open
(Kitco News) – Gold has moved another leg lower leading into the US session and at the moment the consolidation in the market is firmly in place. Two sessions ago there was an encouraging move higher and it looked like a move to the psychological $2k l…
Read moreGold, silver posting sharp price declines, following equities
(Kitco News) – Gold and silver futures prices are trading sharply lower in early U.S. trading Friday.
Gold and silver move lower heading into the EU open
(Kitco News) – Leading into the EU open gold (-0.46%) and silver (-1.45%) are both trading lower. The general risk sentiment in the Asia-Pac area has been weak as the Nikkei 225 (-0.44%), ASX (-0.34%) and Shanghai Composite (-0.40%) all closed in the r…
Read moreGreat Bear announces C$70 Million financing
(Kitco News) – The company will now issue 3,225,000 common shares that qualify as flow-through shares at a price of $18.60 per flow-through common share and 784,000 common shares of the company at a price of $12.75 per common share on a bought deal pri…
Read moreOrezone finances Bomboré construction
(Kitco News) – “We are delighted to welcome Coris as the senior lender to the Project and proud to have them as a partner. They are one of the largest West African banks and first became a shareholder in 2018. They have financed mining projects within …
Read moreRon Paul on the next economic collapse, America’s future, and universal basic income
(Kitco News) – Ron Paul on the next economic collapse, America’s future, and universal basic income
Read moreLynas signs contract with the U.S. Government to build rare earths plant
(Kitco News) – Once operational, the plant is expected to produce approximately 5,000 tonnes per annum of Rare Earths products, including approximately 1,250 tonnes per annum of NdPr.
Read moreGold has peaked; it’s all downhill from here – ABN AMRO
(Kitco News) – The gold market ‘s struggle since the start of the year in the face of a stronger U.S. dollar and higher nominal yields could be a harbinger of future weak price action in 2021, according to one bank.