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Gold, silver see modest price gains to end a bullish year

(Kitco News) – Gold and silver futures prices are trading modestly up in early U.S. action Thursday. The metals are being supported by a slumping U.S. dollar on the foreign exchange market that saw the U.S. dollar index hit a 2.5-year low overnight.

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The gold price is stable at the open of the European markets

(Kitco News) – After a solid session on Wednesday gold (0.01%) is heading into the EU session flat. Silver is trading 0.30% lower at $26.51 per ounce but not too far away from the weekly high. Overnight the risk sentiment in the Asia-Pac area was once …

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Yukon miner’s 57,000-year-old mummified wolf discovery excites scientists

(Kitco News) – “Because the clade to which Zhùr belongs is not the direct mitochondrial ancestor of gray wolves in the region today, her mitochondrial genome provides evidence of at least one wave of regional extirpation and population replaceme…

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Almaden denied permit application for its Ixtaca project

(Kitco News) – The company’s CEO said Almaden will weigh next steps.

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Bulk sample yields 210.68 carats of diamonds from in Saskatchewan

(Kitco News) – The company said that a preliminary economic analysis on the project estimated that 66 million carats of diamonds could be recovered in a surface mine over a 38-year project life with a net present value (7%) of $2.0 billion after tax, a…

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Frank Holmes maintains $4k gold price target; stocks, bitcoin, inflation to rise in 2021

(Kitco News) – Frank Holmes maintains $4k gold price target; stocks, bitcoin, inflation to rise in 2021

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Adventus and Salazar hit 45% CuEq at El Domo

(Kitco News) – Adventus Mining (TSX-V: ADZN) and Salazar Resources (TSX-V: SRL) announced today continued infill high-grade drilling results from the El Domo volcanogenic massive sulphide deposit located within the 21,537-hectare Curipamba project in c…

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2020’s top 7 gold stories: From a boom in gold price to best buying opportunities

(Kitco News) – As we say goodbye to 2020 and tabulate all of its highs and lows, here is a look back at Kitco’s top stories from this very turbulent year.

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Gratomic advances construction of graphite mine in Namibia

(Kitco News) – Gratomic (TSXV:GRAT) announced on Wednesday the completion of civil construction work and final equipment assembly on its Aukam graphite processing plant in Namibia.

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Sky Gold intercepts visible gold at Mustang

(Kitco News) – Sky Gold (TSX-V: SKYG) announced today an update on the ongoing maiden diamond drilling program on the company’s Mustang property contiguous to the Queensway gold project, owned by New Found Gold, and the observation of fine grained “vis…

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