Abitibi Royalties bumps dividend by 20%
(Kitco News) – Abitibi Royalties (TSXV: RZZ) (OTC: ATBYF) announced Monday that the company’s board of directors has approved, effective January 2021, a 20% dividend increase to the company’s outstanding common shares from CDN$0.15 to CDN$0.18 per comm…
Read moreSeasonal factors to add fuel to gold’s rally – Fulp
(Kitco News) – The gold market continues to see a significant recovery in December as it reclaims lost ground, and one mining investor and newsletter writer said that gold’s rally will only strengthen due to positive season factors.
Read moreNorthern Vertex and Eclipse Gold merge to create new gold producer in Western U.S.
(Kitco News) – Northern Vertex Mining (TSX.V:NEE, OTC-NASDAQ Intl: NHVCF) and Eclipse Gold Mining (TSX.V:EGLD, OTC:EGLPF) announced Monday that they have entered into a definitive arrangement agreement to combine in an at-market merger.
Read moreGood price gains for gold, silver on safe-haven and technical buying
(Kitco News) – Gold and silver futures prices are solidly up in midday U.S. trading Monday, on strong rebounds from overnight selling pressure. Gold hit a two-week high and silver a three-week high.
Read moreGold price to return to $2,000 in just a couple of months – Standard Chartered
(Kitco News) – Despite some short-term obstacles, gold will return to its peak of $2,000 an ounce in the next couple of months, according to Standard Chartered.
Read moreDominion Diamond to sell Ekati Mine
(Kitco News) – Dominion Diamond announced Monday that it has reached an agreement to sell substantially all of Dominion’s assets, excluding Dominion’s joint venture agreement and liabilities relating to the Diavik mine.
Read moreCameco reports second positive COVID-19 case at Cigar Lake
(Kitco News) – Cameco (NYSE: CCJ) (TSX: CCO) reported yesterday that an individual at its Cigar Lake uranium mine in Saskatchewan has tested positive for COVID-19. This individual has been in isolation since December 4.
Read moreAre hedge funds losing their grip on gold as ETF buyers are key to breaking $1,850
(Kitco News) – According to some analysts, although the gold market has made strong gains recently, the latest report from the Commodity Futures Trading Commission (CFTC) shows that hedge funds might not be having much impact on the precious metal.
Read moreFirst Majestic Silver to pay first dividend in 2021 as it hold record cash
(Kitco News) – Silver mining investors are seeing their patience payoff as First Majestic announced Monday its inaugural dividend.
Read morePrice pressure on gold and silver amid bearish outside markets
(Kitco News) – Gold and silver futures prices are lower in early U.S. trading Monday, pressured in part by bearish outside markets that see a bounce in the U.S. dollar index and weaker crude oil prices.
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