Economists at Citibank said they expect gold to see further sideways trading between the $1,700-$1,900 range in 2021.
In the first three months of 2021, Pure Gold processed 47,182 tonnes grading 2.8 g/t gold and generated 4,011 gold oz.
The 2020 drill program has achieved its goal of finding a gold-bearing system hosted within similar rocks and structural setting as the nearby Turquoise Ridge mine.
The Central Houndé project consists of three early-stage exploration permits.
Gold prices this year had their first quarterly drop since 2018.
The world’s top exporter of the metal decided to close its borders for a month as deadly Covid-19 wave smashed records.
Finnish researchers used simulation-based life-cycle to account for emissions and energy and water consumption in the hydrometallurgical recycling process of EV batteries.
Gold is also on track for its worst quarterly performance since December 2016.
Investors eye details of a large US infrastructure bill that could boost metals demand.
Further bond sell-off could push gold below $1,700, analyst says.