Gold production in Australia to grow 17% by 2024
(Kitco News) – According to the report presented by GlobalData, gold production in Australia is set to grow steadily by 2024, with little impact on 2020 production from the COVID-19 pandemic.
Read moreRetail investors see gold prices pushing through $2,300 an ounce in 2021
(Kitco News) – Although the gold market is struggling to break above $1,900 an ounce on the last trading day of 2020, the rally in the precious metal is not over yet as sentiment among retail investors remains extremely bullish ahead of the new year.
Read moreGold ends day with modest gains, but up $373 on year
(Kitco News) – Gold prices ended a quiet last trading session of the year with just modest gains, but for the whole of 2020 the yellow metal appreciated by around $373, basis nearby Comex futures.
Read moreIAMGOLD and AngloGold sold their interests in Sadiola mine
(Kitco News) – IAMGOLD (TSX: IMG) (NYSE: IAG) announced yesterday that the company, together with the joint venture partner AngloGold Ashanti, have completed the previously announced sale of their collective interests in Sadiola gold mine, located in …
Read moreMcEwen Mining delivers positive feasibility study for Fenix
(Kitco News) – McEwen Mining (NYSE: MUX) (TSX: MUX) announced today the highlights of a positive feasibility study for its 100%-owned Fenix project, which is located in the State of Sinaloa, Mexico.
Read moreSolaris closes $80.6 million financing led by Lundin family
(Kitco News) – Solaris Resources (TSXV: SLS) today announced the closing of its previously announced non-brokered private placement of 15.5 million units at a price of C$5.20 per unit for total gross proceeds of C$80.6 million.
Read moreCentral bank domination over financial markets to continue through 2021
(Kitco News) – In the last few weeks, investors have heard many analogies to describe financial markets in 2020. The best one is probably from Wells Fargo, whose economists said that this past year financial markets got drunk on central bank liquidity …
Read morePlatinum and palladium to run higher as industrial demand picks up in 2021
(Kitco News) – Although gold attracted a lot of attention in 2020, especially after hitting an all-time high in August, investors should have been paying attention to platinum group metals (PGMs), according to some analysts.
Read moreGold prices testing resistance at $1,900 as U.S. weekly jobless claims drop below 800K
(Kitco News) – Gold prices are testing resistance around $1,900 in the final trading day of 2020 even as fewer-than-expected Americans applied for first-time unemployment benefits.
Bitcoin daily chart alert – New record high to end 2020 – Dec. 31
(Kitco News) – Bitcoin-U.S. dollar prices are near steady in early U.S. trading Thursday but did hit another record high overnight.
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