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Gold, silver a bit weaker just ahead of Fed Chair Powell’s testimony

(Kitco News) – Gold and silver prices are modestly down in midday U.S. trading Tuesday, as the markets are on hold ahead of highly anticipated comments from the U.S. central bank chief this afternoon.

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Schlumberger commits to net zero by 2050

(Kitco News) – Schlumberger announced today its commitment to achieve net-zero greenhouse gas (GHG) emissions target by 2050.

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Run-of-mine heap leaching selected for Rio2’s Fenix gold project in Chile

(Kitco News) – Rio2 (TSXV: RIO; OTCQX: RIOFF; BVL: RIO) today announced positive results obtained from the run-of-mine (“ROM”) heap leaching trial for its Fenix gold project in Chile.

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Caterpillar to produce ‘zero-emission machines’ for Nouveau Monde’s Matawinie mine

(Kitco News) – Nouveau Monde, a Canadian company developing advanced carbon-neutral graphite-based material solutions for the growing lithium-ion and fuel cell markets, announced today that it has signed an agreement with Caterpillar pursuant to which …

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Bitcoin is better than gold: Shark Tank’s Mark Cuban remains positive on crypto as bitcoin erases gains for the year

(Kitco News) – Bitcoin can’t seem to catch a break as prices fall to new lows for the year. Even supportive comments from billionaire investor Mark Cuban can’t generate much bullish traction.

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Rio Tinto to deploy world’s first fully autonomous water trucks

(Kitco News) – Rio Tinto announced today that the company will deploy the world’s first fully autonomous water trucks at its $2.6 billion Gudai-Darri iron ore mine in Western Australia’s Pilbara region.

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Equinox Gold suspends Los Filos mine due to blockades

(Kitco News) – Equinox Gold (TSX: EQX, NYSE American: EQX) announced Tuesday that mining activities at its Los Filos mine in Mexico have been temporarily suspended as the result of illegal blockades by a group of unionized employees and members of the …

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Gold price remains under pressure as U.S. existing home sales drop for a fourth straight month in May

(Kitco News) – Gold was relatively unchanged and trading down on the day as the U.S. existing home sales dropped for the fourth month in a row in May but were still slightly better than expected. 

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Gold, silver see price pauses as Fed Chair Powell on deck

(Kitco News) – Gold and silver prices are slightly down in early U.S. trading Tuesday, as the markets are on hold ahead of highly anticipated comments from the U.S. central bank chief.

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Bitcoin daily chart alert – Bears on the attack this week – Jun. 22

(Kitco News) – Bitcoin-U.S. dollar prices are lower again in early U.S. trading Tuesday, and very close to the recent lows as the bears have taken firm near-term technical control of the market.

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