Russian mining giant Nornickel to supply Johnson Matthey with nickel and cobalt
(Kitco News) – Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum, cobalt and copper, announced today that it has signed a term sheet with Johnson Matthey on long-term supply of critical metals f…
Read moreArctic Star touts new kimberlite discovery
(Kitco News) – Arctic Star Exploration (TSXV: ADD) said last week that it made a new discovery on the Diagras project in the Lac de Gras kimberlite field, Northwest Territory.
Read moreWestern Europe’s ‘most significant spodumene lithium project’ gets enviro permit
(Kitco News) – Savannah Resources (AIM:SAV) said last week it received a positive environmental impact assessment for its Mina do Barroso lithium project in Portugal.
Read moreMcEwen says Q1 production was in line with budget
(Kitco News) – McEwen Mining (NYSE: MUX) (TSX: MUX) announced Monday consolidated production for Q1 2021 of 23,300 gold ounces and 493,200 silver ounces, or 30,600 gold equivalent ounces (GEOs), a 13% decline compared to 35,100 GEOs in Q1 2020.
Read moreBarrick touts Kibali mine quarterly performance
(Kitco News) – The Barrick Gold operated Kibali mine in the DRC produced 191,612 ounces of gold in the first quarter of 2021, keeping it on plan and on track to achieve its full year target, Barrick president and chief executive Mark Bristow told a med…
Read moreChina calls bitcoin ‘investment alternative’ as Fed maintains crypto is ‘speculation’
(Kitco News) – Are the U.S. and China’s views on bitcoin starting to diverge? China’s central bank is now calling bitcoin an “investment alternative.” This comes just a few days after the Federal Reserve maintained the view that cryptocurrencies are “v…
Read morePolymetal confirms Tomtor as one of the largest and richest REE deposits worldwide
(Kitco News) – Russia’s Polymetal, one of the largest silver and gold mining companies globally, announced today that it has completed an initial Ore Reserve estimate for the Buranny area of the Tomtor niobium and rare-earth metals project, located in …
Read moreGalaxy and Orocobre to merge in a A$4B deal, establishing top 5 lithium company
(Kitco News) – Orocobre (ASX:ORE, TSX:ORL) and Galaxy Resources (ASX:GXY) announced that they have entered into a binding Merger Implementation Deed under which the two companies will merge via a Galaxy Scheme of Arrangement pursuant to which Orocobre …
Read moreGold, silver bulls working on price uptrends
(Kitco News) – Gold and silver prices are trading near steady in early U.S. trading Friday. Gold prices hit a seven-week high overnight.
Read moreBitcoin daily chart alert – Bulls now working to keep price uptrend alive – Apr. 19
(Kitco News) – Bitcoin-U.S. dollar prices are higher in early U.S. trading Monday as the bulls work to recover from the weekend shellacking that dropped prices to a four-week low.
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