According to Bank of America Merrill Lynch analysts, the precious metal price is set to jump to a four-year high at the beginning of 2018. The yellow metal’s climb began in the last days of August, when a weaker dollar pushed it above the $1,300-per-ounce mark. Then gold hit a 10-month high, jumping 1,4 percent to reach $1,326, and it was the highest level since the US election. As Mihir Kap…

(Repeats with no changes. The opinions expressed here are those of the author, a columnist for Reuters) * LME zinc call options: tmsnrt.rs/2fYeZft By Andy Home LONDON, Aug 21 (Reuters) - Zinc on Monday morning hit a fresh decade high of $3,180.50 per tonne on the London Metal Exchange (LME). Zinc bulls have been waiting a long, long time for this moment. A slow-fuse narrative of a loom…

Avellana Gold has opened its Ukrainian representative office in Kyiv. The office will be managed by Andriy Smolin. Avellana Gold plans to create a large-scale gold and polymetal ore mining business in Zakarpattia giving employment to several hundred workers. Total budget of the project makes up almost 100 million dollars. The company is currently exploring a polymetal deposit in the village of…

Gold and mining expert Byron King sees the gold price passing $1,300 per ounce by the end of 2017. He says that gold may see some ups and downs in the second half of 2017, but in general it’s heading higher. That’s according to Byron King of Agora Financial – speaking from the sidelines of the Sprott Natural Resource Symposium, King said he sees the yellow metal breaching $1,300 per ounce befor…

Avellana Gold CEO Brian Savage had a meeting with representatives of investment promotion company UkraineInvest in Kyiv. In the course of meeting the companies discussed efficient ways of doing business in Ukraine. According to Avellana Gold, investment climate in Ukraine is improving and the country is becoming more and more attractive for business, yet foreign investors often encounte…