Gold price can push to $2,200 as markets drunk on liquidity won’t sober up in 2021 – Wells Fargo
(Kitco News) – Financial markets are drunk on liquidity and investors should not expect that 2021 will be the year they sober up, according to analysts at Wells Fargo. In this environment, precious metals will continue to do well, the bank added.
Read moreCorrective price pullbacks for gold, silver after recent gains
(Kitco News) – Gold and silver futures prices are lower in early U.S. trading Wednesday, on normal corrective pullbacks from recent good gains.
Read moreBitcoin daily chart alert – Downside correction in existing uptrend – Dec. 9
(Kitco News) – Bitcoin-U.S. dollar prices are lower again in early U.S. trading Wednesday, on what is so far a normal downside correction in an existing price uptrend. Bulls do now need to step up and show some fresh power soon.
Read moreTaseko Mines takes a step towards approval for its Florence Copper Project
(Kitco News) – Taseko Mines Limited (TKO:LSE) have announced that the Arizona Department of Environmental Quality has granted its Florence Copper Project the Aquifer Protection Permit.
Read moreFortescue commences with first Eliwana iron ore processing
(Kitco News) – Fortescue Metals Group has successfully passed its first iron ore through the ore processing facility at the Eliwana mine and rail project in Western Australia.
Read moreGold and silver slip leading into the European open
(Kitco News) – It was a clear risk-on session overnight as the major bourses closed higher and gold fell around half a percent. The yellow metal heads into the EU session trading at $1860 per ounce while silver dropped 1% to trade at $24.30.
Read moreNorthern Vertex Mining and Eclipse Gold Mining to combine
(Kitco News) – The new entity will be named Northern Vertex.
Read moreArgentina lifts shutdown on McEwen Mining’s San Jose
(Kitco News) – McEwen Mining owns 49% of the San José mine, which is operated by its 51% owner, Hochschild Mining PLC.
Read moreWesdome touts continuity of its high grade zone
(Kitco News) – Wesdome Gold Mines (TSX: WDO) said today that the ongoing underground exploration drilling program Eagle River Mine in Ontario confirms the “continuity of high grade.”
Read moreParamount Gold looks to restart Sleeper Mine
(Kitco News) – The company will start a drilling program at Sleeper in 2021 to identify the most prospective drill targets and define the parameters of a prefeasibility or feasibility study.
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