Glencore provides Falco Resources with $10 million bridge financing
(Kitco News) – Quebec-focused Falco Resources (TSX.V:FPC) said Tuesday that Glencore Canada offered the company a $10 million senior secured convertible debenture bridge financing.
Read moreGold price sheds $40 on COVID restrictions, contested election worries
(Kitco News) – A combination of election and coronavirus jitters is boosting the U.S. dollar and dragging gold down along with equities, according to analysts.
Read moreResurgent U.S. dollar punishes gold, silver markets
(Kitco News) – Gold and silver futures prices are sharply lower in midday U.S. trading Wednesday. Gold dropped to a four-week low and silver hit a three-week low.
Read moreA new gold standard is coming, brace for ‘monetary reset’ – Jan Nieuwenhuijs
(Kitco News) – A new gold standard is coming, brace for ‘monetary reset’ – Jan Nieuwenhuijs
Why Rockhaven’s Klaza is a geologist’s gift
(Kitco News) – Rockhaven Resources’ (TSX:V:RK) Klaza project has great topography, ideal weather conditions and significant infrastructure, making it ideal working location for geologists, said CEO Matt Turner.
Read moreWhy Group Ten’s Stillwater project will get a lift from the electric vehicle boom
(Kitco News) – Group Ten Metals (CVE:PGE) is advancing the highest-grade major platinum group metals project in the world and the largest outside South Africa and Russia.
Read moreGold sector faces ‘existential issue’, incoming M&A wave says ex-Goldcorp CEO
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Read moreGold at 4-week low as near-term technical posture weakens
(Kitco News) – Gold prices are holding sharp losses, have hit a four-week low and are trading near the daily lows in late-morning action Wednesday.
Read moreVolatile gold moves expected into the election but major selloffs below $1,840 are unlikely: MKS PAMP Group
(Kitco News) – Volatility will remain high as the U.S. election approaches, but major selloffs are unlikely with strong support sitting at around $1,850-$1,840 an ounce, according to MKS PAMP Group.
Read moreContested election is a ‘primary risk for gold bugs’: TD Securities
(Kitco News) – U.S. dollar remains the main driver for gold this week as markets are cautious ahead of the U.S. election on Tuesday, according to TD Securities.
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