Ark Invest’s Cathie Wood thinks we could be heading for a commodities crash
(Kitco News) – Ark Invest’s Cathie Wood has said that she believes that the commodities boom will quickly fade once economies reopen. We have currently seen bullish moves in the likes of lumber, copper, oil and many more as manufacturers and producers …
Read moreGold and silver trade marginally lower heading into the European open
(Kitco News) Gold and silver are trading marginally lower leading into the European open this morning. Gold (-0.24%) is hovering at $1832.41/oz while silver is trading -0.78% lower at $27.40/oz. In the rest of the commodities markets, copper is trading…
Read moreAustralia’s Vital Metals blasts first ore at Canada’s first REE mine
(Kitco News) – The company said that this milestone marks the commencement of mining operations at Canada’s first rare earth mine.
U.S. dollar’s status as reserve currency in jeopardy, ‘I’m bold gold, silver & platinum ’ – Danielle DiMartino Booth
(Kitco News) – U.S. dollar’s status as reserve currency in jeopardy, ‘I’m bold gold, silver & platinum ’ – Danielle DiMartino Booth
Roxgold triples net income in Q1 2021 on strong production and higher gold prices
(Kitco News) – The company’s net income was $5.6 million in Q1 2021 compared to net income of $1.9 million in Q1 2020.
Kinross ups net earnings in Q1 2021, declares quarterly dividend
(Kitco News) – The company’s adjusted net earnings increased 51% to $192.8 million, or $0.15 per share, for Q1 2021, compared with $127.4 million, or $0.10 per share, for Q1 2020.
Read moreIf gold is above $1,827 by June, prices are going back to all-time highs – DailyFX’s Vecchio
(Kitco News) – A confluence of positive fundamental support and positive technical momentum could help push gold prices back above $2,000 an ounce by the end of the year, according to one market analyst.
Read moreCopper to surge at least seven-fold before this bull market is over – Goehring & Rozencwajg
(Kitco News) – Copper is one of the leaders of this year’s commodities bull rally, and its price surge is far from over, according to Goehring & Rozencwajg Associates, which is projecting at least a seven-fold increase in copper before the bull rally subsides.
Russian diamond giant ALROSA says sold 2,040 carats at digital auction in April
(Kitco News) – Russia’s ALROSA, the leader of the world diamond mining industry, announced today that it has successfully sold about 95 percent of lots at its digital auction in April.
Read moreRoyalty company Triple Flag files $250 million offering
(Kitco News) – Triple Flag Precious Metals said Monday that it had filed a preliminary base PREP prospectus to raise about $250 million.
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