Rio Tinto says grades drop copper output, wet weather lowers iron ore production
(Kitco News) – The production drop off was due to lower recoveries and throughput at Escondida and Kennecott partly offset by the anticipated higher grade from the Oyu Tolgoi open pit.
Read moreThis is the biggest bubble of all-time, and it’s going to ‘haunt us’ – Peter Grandich
(Kitco News) – This is the biggest bubble of all-time, and it’s going to ‘haunt us’ – Peter Grandich
‘Severe deflation’: Everything depends on rising stock market, even commodities – Bloomberg Intelligence
(Kitco News) – The stock market needs to keep on rising to avoid deflation, which is weighing on commodities even in light of all the quantitative easing introduced last year, according to Bloomberg Intelligence.
Read moreRoxgold delivers strong feasibility study for Séguéla
(Kitco News) – Roxgold (TSX: ROXG) (OTCQX: ROGFF) announced Monday the results of the Feasibility Study and Mineral Reserve estimate for the high-grade Séguéla gold project in Côte d’Ivoire.
Northern Vertex increases quarterly gold and silver production in Arizona
(Kitco News) – Northern Vertex Mining (TSX.V: NEE) announced Monday production of 9,912 gold equivalent ounces for the quarter ended March 31, 2021 from the company’s 100% owned Moss gold mine in Mohave County, NW Arizona.
Mining giant Rio Tinto kicks off exploration at Midnight Sun’s Solwezi project in Zambia
(Kitco News) – Midnight Sun Mining (TSX-V: MMA) announced Monday that Rio Tinto Mining and Exploration has commenced its initial 2021 exploration campaign on Midnight Sun’s Solwezi Licences in Zambia.
Gold, silver see corrective pullbacks in fledgling price uptrends
(Kitco News) – Gold and silver prices are lower in midday U.S. trading Monday, on routine downside corrections after gold prices hit a seven-week high overnight and silver hit a three-week high Friday.
Read moreRussian mining behemoth Nornickel reports Q1 nickel and copper output drop
(Kitco News) – Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, today announced its preliminary consolidated production results for the first quarter of 2021.
Read more‘Unprecedented’ rainfall disrupts Caledonia Mining’s gold production in Zimbabwe
(Kitco News) – Caledonia Mining (NYSE American: CMCL; AIM: CMCL) announced today that the company produced 13,197 oz of gold at its Blanket mine in Zimbabwe in Q1 2021.
Read moreGold remains an important risk hedge with equities at record levels – Morgan Stanley
(Kitco News) – With U.S. equity markets hitting record levels on a daily basis and the growing threat of inflation sharply rising, investors might want to look at gold as a portfolio hedge, according to a senior bank executive.
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