The new global currency: cryptocurrency spending on the rise as transactions grow 300% in two years
(Kitco News) – Bitcoin continues to attract a lot of investor attention following its recent new high above $61,000; however, one company says that the cryptocurrency market is more than just a momentum trade with crypto spending on the rise.
Barrick’s Bristow: from $13 billion to zero net debt company in seven years
(Kitco News) – In the face of challenges across all regions, notably the Covid-19 pandemic, Barrick Gold (NYSE:GOLD)(TSX:ABX) met all its key performance indicators in 2020 and at the same time made significant progress towards achieving its key object…
Read moreGold price is ‘back on the field’ after ‘being benched,’ signs point to more gains – analysts
(Kitco News) – Gold is back on investors’ radar as prices look to end the week on a strong technical note despite another spike in bond yields.
Read moreKarora increases gold output 54%, generates record net earnings of $88M in 2020
(Kitco News) – Karora Resources (TSX: KRR) announced Friday that the company’s net earnings for the year ended December 31, 2020, were a record $88.1 million compared to a net loss of $6.9 million for the comparable period in 2019.
Bullish sentiment in gold is growing but focus remains on rising bond yields
(Kitco News) – Sentiment continues to improve in the gold market among both Wall Street analysts and Main Street investors. However, there is some concern that rising bond yields will cap gold at critical resistance below $1,750 in the near-term.
Read moreSchlumberger to launch innovative lithium extraction plant at Pure Energy’s Clayton Valley project
(Kitco News) – Pure Energy Minerals (TSX Venture:PE; OTCQB:PEMIF) reported today a significant milestone announcement by its partner, Schlumberger New Energy, at Pure Energy’s 100% held Clayton Valley lithium brine project in Nevada.
Read moreNew Gold to make a strategic investment in Harte Gold
(Kitco News) – Harte Gold (TSX: HRT / OTC: HRTFF / Frankfurt: H4O) announced today that New Gold (TSX:NGD) has agreed to make a strategic investment in Harte Gold.
Read moreNew partnership to drive Platinum Group Metal green energy technology
(Kitco News) – The development of renewable green energy continues to attract a lot of attention. Two major precious metals companies are now working together to leverage their expertise in Platinum Group Metals (PGMs) to potentially develop new techno…
Read moreThe MSCI thinks it could take $4.59 trillion to rebuild the crumbling US infrastructure
(Kitco News) – As Joe Biden and the Democrats come into power, much has been said about how the US may look to spend to rebuild some neglected infrastructure projects.
Read moreGold sees modest price gains as geopolitics heat up a bit
(Kitco News) – Gold prices are modestly up in early U.S. trading Friday, on some short covering by the shorter-term futures traders head into the weekend, and with the geopolitical front becoming a bit more active this week.
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