(Kitco News) - Horwitz said he was short platinum until about three weeks ago. He is forecasting the metal to hit $1,100 or $1,200. As of noon ET Friday, the precious metals were selling off: October platinum was trading at $969.10, down 4.42% on the day.

(Kitco News) - Triology is advancing the Arctic and Bornite in the Ambler district. Arctic is a polymetallic volcanogenic massive sulphide deposit located approximately 470 kilometers northwest of the City of Fairbanks, Alaska.

(Kitco News) - "The amount of money coming in to the space overwhelming the good companies, and [the money] is going everywhere," said Brent Cook talking about some of the remarkable run ups in the past weeks.

(Kitco News) - Paradigm Capital acted as lead financial advisor to Erdene on the transaction. Haywood Securities acted as co-advisor.