Gatos Silver’s revenue is up 223%, but realized price on precious metals falls
(Kitco News) – The average realized prices of precious metals was down comparing the company’s 4Q and 3Q: $23.66 compared to $24.15 for silver. Gold was down from a high of $1,907 to $1,850.
Read moreKamoa could achieve 1.2 billion pounds of copper production per year – Friedland
(Kitco News) – The company said that the high-priority opportunities include accelerating the Phase 3 expansion at the Kamoa-Kakula copper mine in the Democratic Republic of Congo
Read moreRon Paul: Gold and Bitcoin are at risk of government crackdown
(Kitco News) – Ron Paul: Gold and Bitcoin are at risk of government crackdown
Read moreNewcrest reports 15Moz of gold and 4Mt of copper at Red Chris
(Kitco News) – Newcrest said that the initial Mineral Resource estimate is a key input into the Red Chris PFS.
Read moreNewmont executes $3 billion sustainability-linked credit facility
(Kitco News) – The credit facility includes a pricing feature based upon third-party sustainability performance measures and includes overall improved pricing from the previous facility.
Read more‘Stalled bull market’: Gold price caged between $1,600-$1,900 and bitcoin is to blame, says Bloomberg Intelligence
(Kitco News) – With gold’s bull market stalling, the precious metal looks ready for a nap, and bitcoin could be the main culprit behind this setback, according to Bloomberg Intelligence’s outlook for April.
Read moreMinera IRL ups revenue in Peru, advances Ollachea project
(Kitco News) – Minera IRL (BVL:MIRL) (CSE:MIRL) announced today that during the year ended December 31, 2020, the company’s sales revenue was $39,082,000 compared with sales revenue of $31,754,000 during the previous year, an increase of $7,328,000.00.
Read moreLargest gold mines in South America in 2020 – report
(Kitco News) – Kitco ranked the top 10 largest gold producing operations in South America based on gold output reported in 2020.
Read moreTorex reports 15% gold reserves decline in Mexico due to depletion
(Kitco News) – Torex Gold (TSX: TXG) reported today that in 2020, total Proven and Probable gold reserves for the company’s El Limón Guajes complex (“ELG”) in Mexico declined 15% year-over-year primarily due to depletion, with ongoing exploration success driving a 15% increase in underground reserves, and ore processed resulting in a 20% decline in open pit reserves.
Where is gold headed next week? Vote now!
(Kitco News) – Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short-term
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