Red 5 secures 100% funding to build King of the Hills mine
(Kitco News) – Red 5 secures commitment for A$175m in debt facilities and launches fully underwritten A$60m entitlement offer to shareholders.
Read moreSenior copper producer Kaz Minerals reports strong results despite challenging year
(Kitco News) – The company’s revenues increased by 4% to $2,355 million (2019: $2,266 million) as higher commodity prices offset lower production and sales volumes.
Lake Resources boosts Kachi lithium project NPV by 110% to US$1.6Bn
(Kitco News) – Kachi NPV increased 110% to US$1.6 billion (A$2.1 billion) based on revised lithium price estimates.
Read moreDynacor reports 105% gold sales growth in February
(Kitco News) – Dynacor Gold Mines (TSX-DNG), an international gold ore industrial corporation servicing artisanal and small-scale miners, today announced US$11.9 million (unaudited) in sales for February 2021 compared to US$5.8 million (unaudited) in F…
Read moreMetalla Royalty acquires royalty on one of the largest undeveloped gold projects in Brazil
(Kitco News) – Metalla Royalty & Streaming (NYSE American: MTA) (TSXV: MTA) announced Tuesday that it has entered into a purchase and sale agreement to acquire an existing 1-2% net smelter return royalty on OZ Minerals’ CentroGold project (Brazil) from Jaguar Mining.
2% bond yield would force the Fed to act, and that is good for gold price – Chantelle Schieven
(Kitco News) – The gold market continues to struggle as bond yields hold near a one-year high above 1.6%; however, one market analyst said there is a strong floor as the bond market selloff cannot last much longer.
Read moreTrans-Siberian Gold grows resources in Russia
(Kitco News) – Trans-Siberian Gold (TSG.LN), a low cost, high grade gold producer, announced today an update of the mineral resource estimate for the Asacha gold mine in Kamchatka, Far East Russia.
Read moreCurrent weakness in gold is ‘extremely appealing’ – Rick Rule and Amir Adnani
(Kitco News) – Should sentiment for the precious metals return to a level more in line with the historical average, demand for gold will skyrocket, Rick Rule, director of Sprott in a panel discussion with Amir Adnani, chairman of GoldMining and CEO of …
Read moreEconomy will not ‘bode well for gold’ relative to other commodities
(Kitco News) – Ed Egilinsky, head of alternative investments at Direxion, discusses the top innovators in the technology space, as well as how precious metals stacks up with other commodities in the current economic environment.
Read moreSierra Metals receives environmental permit to increase capacity at Yauricocha
(Kitco News) – Sierra Metals (TSX: SMT) (BVL: SMT) (NYSE AMERICAN: SMTS) announced today that it has received an Informe Tecnico Sustentatorio (“ITS”) permit from the Peruvian Ministry of Environment through its Agency SENACE.
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