USDX, gold miners: the lion and the jackals

The white metal thrives mostly only when gold psychology is bullish.

Global benchmark spot gold held above $1,400 an ounce this week, up more than 10% this year.

They say they have no plan to sell large amounts of the metal.

The five-year permit encompasses an expanded scope and scale to explore existing and new targets across the property.

The company had applied for a 30-year lease.

The provincial government is preventing supplies from accessing the Didipio gold-copper mine on Luzon island.

In March 2019, Greatland signed a Farm-in Agreement with Newcrest to explore and develop the Havieron gold-copper project.

The Grey Fox deposit is now estimated to contain 567,000 oz. of gold in 2.5 million tonnes averaging 7.10 g/t gold in the indicated category.

The company reported a substantial decline in second-quarter profit, driven largely by the transaction's integration costs.