Newmont to cleanup former uranium mine to pave the way for rare earths project
(Kitco News) – KRBD-FM reported yesterday that the US Forest Service has reached an agreement with Colorado-based Newmont to permanently seal the former Ross-Adams uranium mine in Alaska’s Tongass National Forest on Prince of Wales Island.
Read moreThe gold bulls are back and looking towards $1,900
(Kitco News) – The gold market could see further gains in the short term as sentiment has significantly shifted among both Wall Street analysts and Main Street investors, according to the latest Kitco News weekly gold survey.
Read moreRaoul Pal sold his gold because ‘bitcoin is eating the world’; $300k price in 18 months
(Kitco News) – Raoul Pal sold his gold because ‘bitcoin is eating the world’; $300k price in 18 months
Read moreIvan Glasenberg to retire after 36 years with Glencore
(Kitco News) – Glencore announced today that Ivan Glasenberg will retire as CEO and as a member of the Glencore Board during the first half of 2021.
Read moreSeabridge Gold raises US$105 million to acquire Pretivm’s Snowfield project
(Kitco News) – Seabridge Gold (TSX:SEA) (NYSE:SA) announced today it has entered into an agreement a syndicate of underwriters lead by Cantor Fitzgerald Canada to purchase, on a bought deal basis, 6,100,000 common shares of the company at the price of …
Read moreGold sees choppy price action following downbeat U.S. jobs data
(Kitco News) – Gold futures prices are chopping on both sides of unchanged in early U.S. trading Friday and got a slight initial lift from a U.S. jobs report that was a bit weaker than expected.
Read moreGold price sees little movement as U.S. created 245K jobs in November, significantly missing expectations
(Kitco News) – The gold market is holding near a one week high as the U.S. labor market loses more momentum than expected in November.
Bitcoin daily chart alert – Price uptrend is bulls’ friend – Dec. 4
(Kitco News) – Bitcoin-U.S. dollar prices are lower in early U.S. trading Friday, on some normal backing and filling and chart consolidation after hitting a record high earlier this week.
Read moreGlencore has extended its Chinese cobalt contract
(Kitco News) – Glencore (GLEN:LSE) will supply cobalt to Chinese battery manufacturer Green Eco-manufacture Hi-tech (GEM) for another additional five years after expanding their partnership. Glencore are the worlds largest cobalt producer and this is a…
Read moreGold prices grinding higher despite more vaccine news
(Kitco News) – Gold is heading into the last session of the week on the front foot. After grinding higher overnight the yellow metal is trading at $1842.70 per ounce, 0.13% in the black. Silver is also positive trading 0.82% higher at $24.22 per ounce….
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