Gold price unable to catch a bid following significant drop in U.S. retail sales
(Kitco News) – The gold market is struggling to hold on to modest gains even as U.S. consumers bought fewer items last month at the start of the Christmas holiday shopping season.
Equinox Gold to buy Premier Gold in all-stock deal valued at C$611 million
(Kitco News) – Equinox Gold is solidifying its role as one of the top gold miners in the Americas, announcing a friendly acquisition of Premier Gold Mines Limited Wednesday.
Read morePrice gains in gold, silver and bulls have momentum
(Kitco News) – Gold and silver futures prices are higher in early U.S. trading Wednesday. Silver notched a five-week high.
Read moreBitcoin daily chart alert – Prices up, near recent high, more upside likely – Dec. 16
(Kitco News) – Bitcoin-U.S. dollar prices are higher in early U.S. trading Wednesday, and near the recent high. Bulls are enjoying a price uptrend on the daily chart and are in strong overall near-term technical control.
Read morePure Gold announce gold ore in Red Lake, Ontario
(Kitco News) – Pure Gold Mining (PUR:LSE) have announced a major milestone with the first ore introduced to the mill at the Company’s high-grade PureGold Mine, in Red Lake, Ontario. With ore delivered and first gold production scheduled this month, co…
Read moreRio Tinto have unveiled a pathway for one of the worlds largest gold and copper deposits
(Kitco News) – Rio Tinto have laid out plans for the ongoing development of the underground project at Oyu Tolgoi in Mongolia. It is said to be one of the largest known copper and gold deposits in the world. The definitive estimate details how Oyu Tolg…
Read moreNewcrest Mining are going green at the Cadia gold mine
(Kitco News) – Newcrest Mining say they are planning to run the Cadia gold mine in New South Wales with power sourced from the Rye Park wind farm north of Yass.
Read moreNewcrest Mining are going green at the Cadia gold mine
(Kitco News) – Newcrest Mining say they are planning to run the Cadia gold mine in New South Wales with power sourced from the Rye Park wind farm north of Yass.
Read moreChina and Australia continue to be odds over coal
(Kitco News) – Overnight China’s Foreign Ministry Spokesperson Wang Wenbin stood firm and underlined that the country’s actions regarding imported Australian products such as coal are in line with Chinese laws and regulations.
Gold and silver lose ground heading into the EU session despite some USD weakness
(Kitco News) – Gold and silver trade marginally lower heading into the EU session on Wednesday despite some weakness in the USD overnight. Risk sentiment was generally positive as the ASX (0.72%) and Nikkei (0.26%) closed higher
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