Gold price to ‘suffer’ in coming years as money shifts into bitcoin – JPMorgan
(Kitco News) – JPMorgan weighed in on the debate whether or not bitcoin is stealing attention away from gold, stating that gold could “suffer” in the long-term as bitcoin is adopted more widely.
Read moreErdene consolidates highly prospective Khundii gold district in Mongolia
(Kitco News) – Erdene Resource Development (TSX:ERD; MSE:ERDN) today announced the acquisition of a 100% interest in the Ulaan exploration license, adjacent to its Bayan Khundii gold deposit, with the purchase of the remaining 49% interest in Leader Ex…
Read moreRising inflation will fuel gold’s run above $2,000 in 2021 – ING
(Kitco News) – The gold market is struggling to regain a footing above $1,850 an ounce, but one bank says that the precious metal still has plenty of fuel to move higher in 2021.
Read moreShould the bitcoin price be $0? Is it in a bubble? Lyn Alden answers best crypto FAQs
(Kitco News) – One of the common misconceptions about bitcoin is that its inherent worth should be zero given the asset’s youth and digital characteristics, as opposed to a naturally-occurring element like gold, with more than 5,000 years of history as a monetary asset.
Read moreRio Tinto declares maiden reserves at Jadar, speeds up permitting
(Kitco News) – Rio Tinto today announced a maiden Ore Reserve and updated Mineral Resource at the 100% owned Jadar lithium-borates project in western Serbia.
Read moreGold weaker at midday as trading turns choppy, sideways
(Kitco News) – Gold futures prices are trading modestly lower at midday Thursday, and have given up moderate gains seen earlier. The safe haven metals are now languishing and need a new fundamental spark to reinvigorate the bulls.
Read moreInvest in gold like you would build a fantasy football team – Brookville Capital
(Kitco News) – For investors still struggling to come up with a way to take advantage of the precious metals long-term uptrend, one fund manager has a unique perspective for building a portfolio.
Read moreNewmont invests $500 million to address climate change
(Kitco News) – Newmont announced that it will be investing $500 million in climate change initiatives over the next five years, from 2021 through 2025.
Read moreMoneta shares skyrocket on 166% resources increase at Golden Highway
(Kitco News) – Moneta Porcupine Mines (TSX: ME) (OTC Pink: MPUCF) (FSE: MOP) today released updated mineral resource estimate for the 100% owned Golden Highway project, located 100 km east of Timmins, Ontario.
Read moreAscot secures US$105 million from Sprott and Beedie to start construction at Premier
(Kitco News) – Ascot secures US$105 million from Sprott and Beedie to start construction at Premier
Read more