China Gold boosts cash flow 964% on strong production in first quarter
(Kitco News) – The company says cash flow from operations increased by 964% to US$170.2 million in Q1 2021 from US$16.0 million in Q1 2020.
Read moreK92 Mining reports record quarterly revenue despite production setback at Kainantu
(Kitco News) – K92 posted a record quarterly revenue of US$29.5 million, increasing 7% from Q1 2020.
Read more‘Shocking’ inflation now double the Fed’s target, is ‘harbinger of things to come’ – Steve Hanke
(Kitco News) – ‘Shocking’ inflation now double the Fed’s target, is ‘harbinger of things to come’ – Steve Hanke
Coinbase reports Q1 revenue of $1.8 billion, misses forecasts
(Kitco News) – The World’s largest cryptocurrency exchange Coinbase (Nasdaq: COIN), said that it saw solid first-quarter earnings as many digital currencies rallied to record highs since the start of the year.
Read moreMountain Province Diamonds reports $7 million net income in Q1 2021
(Kitco News) – Mountain Province Diamonds (TSX: MPVD) (OTCQX: MPVD) today announced financial results for the first quarter ended March 31, 2021 from the Gahcho Kué diamond mine.
Santacruz reports 18% silver production growth in first quarter
(Kitco News) – Santacruz Silver Mining (TSX.V:SCZ) reported Thursday that the company produced 706,978 silver equivalent ounces from the Zimapan mine located in Zimapan, Hidalgo, Mexico and the Rosario project located in Charcas, San Luis Potosi, Mexico.
Read moreRising inflation and record copper prices point to undervalued gold market – Felder Report
(Kitco News) – If investors want to know where gold prices are going, then they should be taking a look at the copper market, according to one market analyst.
Read moreCaledonia reports its Q1 2021 production affected by underground flooding
(Kitco News) – Caledonia Mining announced yesterday that the company produced 13,197 ounces of gold in Q1 2021 at its Blanket mine in Zimbabwe, compared to 14,233 ounces mined in Q1 2020. The company said that production was adversely affected by under…
Read moreBarsele to acquire Agnico Eagles’s stake in Swedish project
(Kitco News) – “The monetization of our interest in the Barsele Project will allow Agnico Eagle to focus on the most advanced projects in our exploration and development pipeline, while retaining an interest in the Barsele Project as a significant equi…
Read morePure Gold says head grades trend positively as production ramps up
(Kitco News) – Pure Gold Mining (TSX-V:PGM, LSE:PUR) announced today that with the milling facility ramp-up completed at its PureGold mine in Ontario in the first quarter, the company’s focus for the second quarter has shifted to ramping up high-grade ore production from the mine.