Hochschild Mining to acquire Antelope gold project in Nevada
The British miner executed an option agreement with EMX Royalty.
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WGC: ETF gold holdings hit record high in May
(Kitco News) – Exchange-traded funds increased their holdings of gold by 154 metric tons during May, taking holdings to an all-time high of 3,510 tons, the World Gold Council reported Thursday.
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Li-ion battery demand to grow tenfold by 2029 – report
Roskill predicts that capacity will reach 1,800GWh before the end of the decade.
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Cypress Development Files Prefeasibility Study for Clayton Valley Lithium Project in Nevada
Cypress Development Corp. [TSX-V: CYP, OTCQB: CYDVF, Frankfurt: C1Z1] is pleased to announce, further to its News Release…
Calibre Mining reports maiden resource for Panteon in Nicaragua
Calibre Mining (TSX: CXB; US-OTC: CXBMF) has reported the first resource estimate for its Panteon deposit at its Limon mine in Nicaragua. The high-grade vein…
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Gold prices solidly up as bulls step in to buy the dip
(Kitco News) – Gold prices are solidly higher in early U.S. trading Thursday, as Wednesday’s sharp sell off has been met with bargain-hunting buying interest by the bulls. Weaker stock markets today are also slightly supportive for the safe-haven metal…
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Another 1.88 million Americans file initial jobless claims; gold remains higher
(Kitco News) – Another 1.88 million Americans filed for first-time U.S. jobless claims in the week to Saturday, the Labor Department said Thursday. After the data, spot gold maintained overnight gains, trading $8.80 higher to $1,709.60 an ounce.
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First Quantum backs calls for mining communities to benefit from industry taxes
First Quantum Minerals (FQM) supports a call from civil society for local communities in mining areas to benefit more directly from the tax revenue paid by the industry. A multi-stakeholder symposium held this week in Solwezi, in Zambia, called for a …
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Russia declares state of emergency over Nornickel’s Arctic fuel spill
Russia declared a federal state of emergency in the Krasnoyarsk region as pollution from a diesel spill in the Arctic city of Norilsk drew comparisons with the Exxon Valdez accident off Alaska in 1989.
The state of emergency was announced late Wednesd…
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Gold shrugs as ECB throws more stimulus into markets to fight COVID-19
(Kitco News) – The gold market is holding steady above $1,700 but is seeing little reaction as the European Central Bank threw more stimulus into financial markets Thursday.
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