Gem Diamonds ramps up production in Lesotho
(Kitco News) – Gem Diamonds (LSE: GEMD) announced Thursday that the company produced 29,010 carats at its Letšeng mine in Lesotho, which is 11% more than in Q1 2020 (26,110 carats).
Anglo American increases output of copper, iron ore and PGMs in Q1 2021
(Kitco News) – Anglo American, a leading global mining company, reported today that its Q1 2021 copper production increased by 9% to 160,300 tonnes, due to strong operational performance at both Los Bronces and Collahuasi.
Read moreBitcoin, cryptocurrencies see explosive growth as mediums of exchange in Q1 2021
(Kitco News) – Cryptocurrencies continue to dominate the financial marketplace. Not only have digital currencies taken some luster away from the gold market, but the crypto-economy has seen explosive growth in the first quarter of this year.
Read moreEgypt-focused Centamin says Q1 gold production was in line with guidance
(Kitco News) – Centamin announced Thursday that its Sukari gold mine in Egypt produced 104,047 oz in Q1 2021, in line with 2021 guidance and a 53% increase compared to the fourth quarter of 2020, driven by improved open pit and underground mined grade,…
Read moreRussia’s Polymetal reports strong Q1 2021 production results
(Kitco News) – Russia’s Polymetal, one of the world’s major producers of silver and gold, reported today that its gold equivalent (GE) production in Q1 2021 grew by 3% year-on-year (y-o-y) to 375 Koz.
ECB can’t move in tandem with the Fed, although ‘it would be nice’ – Lagarde
(Kitco News) – The U.S. and the EU are not on the same page when it comes to economic recovery and inflation expectations, said European Central Bank (ECB) president Christine Lagarde.
Read moreFreeport sees solid production in Q1, expects gold price to remain around $1,750 this year
(Kitco News) – One of the world’s largest copper producers and a significant gold producer said it started 2021 with solid growth.
Read moreGold price sees steady selling pressure following new pandemic low in U.S. weekly jobless claims
(Kitco News) – The gold market is seeing some technical selling but the pace of the selling has remained steady even as the labor market continues to see improvement as fewer-than-expected American workers filed for first-time unemployment benefits.
Routine price corrections for gold, silver after recent gains
(Kitco News) – Gold and silver prices are moderately down in early U.S. trading Thursday, on a normal corrective pullback and some chart consolidation after recent gains that saw both metals hit multi-week highs this week.
Read moreBitcoin daily chart alert – Bulls struggle to keep price uptrend alive – Apr. 22
(Kitco News) – Bitcoin-U.S. dollar prices are weaker in early U.S. trading Thursday. Recent heavy selling pressure has created a potentially bearish pennant pattern on the daily chart.
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