What’s the next catalyst to get gold price to $1,900?
(Kitco News) – Now that gold is sitting comfortably above $1,700 an ounce, is it ready for liftoff towards $1,900? Analysts remain optimistic but say that the precious metal needs a new catalyst to get it there.
Read moreNornickel to spin-off one of the largest copper-gold mines in Russia
(Kitco News) – Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, announced today that its principal shareholders Interros.
Read moreIs market really crashing in April? What would cause it? Watch these signals – Michael Gayed
(Kitco News) – Is market really crashing in April? What would cause it? Watch these signals – Michael Gayed
Read moreBarrick says Donlin drill program ‘exceeding’ expectations
(Kitco News) – Donlin Gold, owned 50/50 by Barrick Gold and NOVAGOLD, today shared the last set of assay results from the successful 2020 85-hole, 23,361-meter drill program.
Read moreAya Gold & Silver achieves 61% silver output growth in Morocco
(Kitco News) – Aya Gold & Silver (TSX: AYA) today reported record silver production of 726,319 ounces in 2020 at its Zgounder mine in Morocco, an increase of 61% from 2019.
Gold price is stuck below $1,750 and market sentiment doesn’t point to a breakout anytime soon
(Kitco News) – The gold market continues to hold critical support levels above $1,700 an ounce while struggling to attract consistent bullish sentiment among both Wall Street analysts and retail investors, according to the latest Kitco News Weekly Gold…
Read moreEastern Platinum reports $8 million net loss in 2020
(Kitco News) – Eastern Platinum Limited (TSX: ELR) (JSE: EPS) today reported a 43% growth in revenue for the year ended December 31, 2020 of $56.1 million compared to $39.2 million in the prior year.
Read moreEric Sprott to invest in green metals firm New Age Metals
(Kitco News) – New Age Metals (TSXV:NAM) (OTC:NMTLF) announced Friday that it has received subscriptions for a non-brokered private placement of 31,562,500 units of securities of the company at a purchase price of $0.16 per unit for aggregate gross pro…
Read moreFragility of supply to ‘fuel commodity supercycle’
(Kitco News) – In a post-COVID world, EV battery metals are the hot commodity, with surging demand putting pressure on already very fragile supply chains, according Lewis Black, CEO of Almonty Industries (TSX: AII), which mines tungsten in Spain, Portu…
Read moreTraders pushing back against LME plan to permanently shut down open-outcry ring
(Kitco News) – The London Metal Exchange is facing backlash after the exchange’s leaders issued a consultation document to participants, which included recommending permanently closing its open-outcry.
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