Kamoa-Kakula secures US$420 million in project financing
(Kitco News) – Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF) announced today that Kamoa-Kakula copper project in the Democratic Republic of Congo (DRC) has secured an equipment financing facility of up to EUR 176 million (approximately US$211 million), togeth…
Read moreBig rebounds for gold, silver but bulls have more work to do
(Kitco News) – Gold and silver futures prices are sharply up in midday U.S. trading Tuesday. Heavy short covering in the futures market and perceived bargain buying in the cash market are featured today, following recent solid losses that pushed gold t…
Read moreRadisson shares up on 371 g/t Au drilled at the O’Brien project
(Kitco News) – Radisson Mining Resources (TSX-V: RDS, OTC: RMRDF) announced today significant high-grade gold intercepts from the ongoing 60,000 m exploration drill program at its O’Brien gold project in Quebec, Canada.
IsoEnergy intersects 74% U3O8 at Larocque East
(Kitco News) – IsoEnergy (TSX-V: ISO | OTCQX: ISENF) today reported exceptionally high-grade results from the final assays of its summer drilling program completed in late October at the Hurricane zone.
Read moreGold price ignores steeper-than-expected drop in ISM manufacturing data
(Kitco News) – The gold market is holding on to strong gains but is seeing little reaction to weaker than expected sentiment in the manufacturing sector, according to the latest data from the Institute for Supply Management (ISM).
Gold has room to push to $1,900 but a recovery is premature – ANG Traders
(Kitco News) – Gold prices are back above $1,800 an ounce and could have room to run higher on the back of a weaker U.S. dollar, according to one trading firm.
Gold price starts December above $1,800 following dismal November – Commerzbank
(Kitco News) – The gold market is seeing some renewed technical buying momentum in the final month of 2020 after what was a dismal November.
Scotgold Resources announces its first pour at its Scottish mine
(Kitco News) – Scotgold Resources (SGZ:LSE) has poured its first gold from the Cononish mine in Scotland. On 30th November Kitco reported the company were on the verge of its first pour and now it seems the company have delivered on its objective. The …
Read moreNew Hope Group has receives approval for New Acland coal project
(Kitco News) – Hong Kong based New Hope Group (NHC:ASX) has received the approval that it requires to plow on with stage three of the New Acland coal project in Queensland.
Read morePrice gains for gold, silver as bulls work to stabilize markets
(Kitco News) – Gold and silver futures prices are solidly up in early U.S. trading Tuesday. Some short covering in the futures market and perceived bargain buying in the cash market are featured today, following recent solid losses that pushed gold to …
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