The latest Q3 Alexco earnings report show losses increase
(Kitco News) – Alexco Resource Corporation has hit a bigger loss in Q3 as the company reported an operating loss of $5.5 M for Q3 2020, compared to a loss of $1.9 M for Q3 2019.
Read moreGreat Bear Resources report positive findings at Dixie Project
(Kitco News) – Great Bear Resources have confirmed they have had some positive results from a the sample of 18.0 kilograms which came from a 10.9 metres of drill core was selected for processing from the Hinge zone.
Read morePretty mixed sentiment heading into the EU open
(Kitco News) -Gold (0.13%) is still holding firm above the $1848.66 per ounce consolidation low this morning. In the grand scheme of things this move higher during the Asian session is still very small compared to the drop the market witnessed on Monda…
Read moreChampion Iron commits to phase II expansion at Bloom Lake
(Kitco News) – The company is on a roll. In its recent Q2 from last month, the company nearly doubled revenues due to high iron ore prices. Revenues were $311 million compared to $160.4 million from a year ago.
Read moreWorld’s largest untapped gold deposit gets prefeasibility
(Kitco News) – First pour is estimated at 2027.
Read morePfizer CEO dumped shares; Turkey in economic turmoil – Steve Hanke explains
(Kitco News) – Pfizer CEO dumped shares; Turkey in economic turmoil – Steve Hanke explains
Central banks will continue to buy gold to diversify their holdings – Invesco survey
(Kitco News) – In the third quarter, for the first time in nearly a decade, central banks became net sellers of gold. However, according to a report from Invesco, central banks are expected to maintain a firm grip on their gold reserves.
Read moreHow will higher gold price, COVID-19 impact Diwali’s gold demand?
(Kitco News) – It’s almost time to celebrate Diwali, known as the Festival of Light, during which it is a tradition to purchase gold.
Read moreWith growing government deficits, investors need to hold hard assets – Abitibi Royalties
(Kitco News) – Although news of a potential vaccine at the start of the week significantly dented gold’s recent momentum, one mining sector CEO said that investors shouldn’t give up on the precious metal or the mining sector.
Read moreThe great global reset: this is what happens to us when it comes – Willem Middelkoop
(Kitco News) – We’re in the end game of a dollar-based system, and a new monetary system will emerge with gold as the anchor, said Willem Middelkoop, founder of the the Commodity Discovery Fund.
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