Sierra more than doubles net income at Yauricocha despite production setback
(Kitco News) – Sierra Metals (TSX: SMT) announced Monday that Yauricocha mine’s copper equivalent production decreased 21% to 15.9 million pounds and zinc equivalent production decreased 9% to 49.9 million pounds in Q1 2021 compared to Q1 2020.
Read moreGaliano acquires exploration property in Mali from Barrick
(Kitco News) – Galiano Gold (TSX: GAU) announced Monday that it has acquired 100% of ABG Mali Exploration (“ABG Mali”) from a subsidiary of Barrick Gold for consideration paid of US$1.5 million.
Read moreHedge funds increase bearish bets on gold as prices can’t break $1,800 – CFTC
(Kitco News) –
Read morePretium Resources drills 1,635 g/t gold at Brucejack
(Kitco News) – Pretium Resources (TSX/NYSE: PVG) today announced that underground exploration drilling conducted in 2020 from the 1080 Level, one of the lowest mining levels at the Brucejack mine (British Columbia), intercepted high-grade gold minerali…
Read moreBitcoin, gold, or stocks: which of these has ‘never been more expensive’? Lyn Alden
(Kitco News) – With cryptocurrencies and equities continuing to push to new all-time highs while gold still lags, many investors are wondering if and when a rotation will happen away from risk assets into safe haven assets.
Read moreSilver Viper reports maiden resources for La Virginia project in Mexico
(Kitco News) – Silver Viper Minerals (TSX-V: VIPR) today announced the first NI 43-101 mineral resource on the company’s La Virginia silver-gold project in Sonora, Mexico.
Gold, silver power to 9-week highs, bulls quickly back in business
(Kitco News) – Gold and silver prices are sharply up in midday U.S. trading Monday, and hit nine-week highs. The metals were boosted by perceived bargain hunting and amid bullish outside market forces that include a weaker U.S. dollar index, firmer cru…
Read more‘I hate bitcoin success’: It’s ‘disgusting and contrary to the interests of civilization,’ says Charlie Munger
(Kitco News) – Berkshire Hathaway Vice Chairman Charlie Munger triggered a social media outcry with his comments on bitcoin, calling the cryptocurrency “disgusting and contrary to the interests of civilization.”
Read moreCerrado ramps up gold production in Argentina
(Kitco News) – Cerrado Gold (TSX.V: CERT) announced Monday that the company produced 7,485 ounces of gold in Q1 2021 from its Minera Don Nicolas mine in Santa Cruz Province, Argentina.
Read moreKamoa-Kakula mine to start copper production within a month
(Kitco News) – Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) announced today that the target date for commissioning of ore milling and first copper concentrate production at the Kamoa-Kakula copper mine in the DRC has been advanced to the end May or early Ju…
Read more