Gold trades higher overnight and risk sentiment remained positive as the Nikkei 225 climbs
(Kitco News) – Gold and silver are in a positive position at the end of the week. Gold is trading 0.36% higher while silver has moved just above flat. In terms of some technical levels for the yellow metal the previous wave high at $1755.50/oz is the o…
Read moreThe news that set back a nickel revival
(Kitco News) – The recent rise in nickel prices may have started to trigger new mine development, but news from China’s Tsingshan Holding Group stopped the rally.
Lithium supplier signs $335M supply deal with BMW
(Kitco News) – In its end of year, Livent said it expects revenue to be in the range of $335 million to $365 million in 2021 and adjusted EBITDA to be in the range of $40 million to $60 million.
Read moreLos Andes Copper gets assurances from PFS-level metallurgical testwork
(Kitco News) – The company said that samples were selected to best represent the composition of the geological features that would be mined over the first 12 years of the mine plan, the period where the most complex mineralogy and alteration is found, …
Read moreOrezone orders ball mill for Bombore
(Kitco News) – The company said the cost is in line with the 2019 feasibility study estimate.
Read moreWorst quarter in over 4 years: Can gold price turn it around?
(Kitco News) – After the worst start to the year in almost four decades and the worst quarterly performance in more than four years, gold is kicking off the second quarter on a much better note. But will it last?
Read moreOk Tedi mine resumes operations after COVID-19 related suspension
(Kitco News) – Ok Tedi Mining announced Wednesday that its mine operations will resume on Thursday 1st April 2021, after operations were suspended temporarily on 19th March 2021 following a surge in COVID-19 cases detected at the mine site.
Read moreSale of Argonaut Gold’s Ana Paula project collapsed
(Kitco News) – Argonaut Gold (TSX: AR) reported Thursday that the previously announced definitive agreement to sell its Ana Paula project, located in Mexico, expired on March 31, 2021.
Read moreMAG Silver and Fresnillo generate $11M ‘pre-production’ gross profit at Juanicipio
(Kitco News) – MAG Silver (TSX / NYSE American: MAG) announced today that between August and December 2020, 71,859 tonnes of mineralized material from Juanicipio mine in Mexico with a head grade of 328 grams per tonne were processed through the Fresnil…
Read more$1,750 gold price is still key even as short-term sentiment improves
(Kitco News) – Bullish sentiment in the gold market among Wall Street analysts is improving heading into the long week as the price managed to bounce off a double bottom below $1,700 an ounce. However, the market still has some major hurdles to clear, …
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