M&A heats up in the battery materials space
(Kitco News) – Last month deep sea miner DeepGreen Metals went public with a special purpose acquisition company, which valued the new entity at $2.9 billion. DeepGreen, recently renamed The Metals Company, is targeting metals in the EV space like nick…
Read moreSaying goodbye to Peter Hug
(Kitco News) – Unfortunately, it has not been a good week for the team at Kitco. We had to say goodbye to one member, who has played an important role in the development and evolution of the company over the last decade.
Read moreCan drastic bitcoin selloff help push gold price above $1,800 next week?
(Kitco News) – Gold attempted to tackle the $1,800 an ounce this week — a level, which once breached, could help get the precious metal above $1,900 an ounce, according to analysts.
RANKED: Top 10 biggest gold mines in Africa in 2020 – Kitco
(Kitco News) – Kitco ranked the top 10 biggest gold mines in Africa based on reported production in 2020.
Read moreSentiment shifting in gold market as price unable to break above $1,800… for now
(Kitco News) – Uncertainty is starting to creep into the gold market as the price has been unable to break above $1,800 an ounce, according to the latest Kitco News Weekly Gold Survey.
Read moreGlobal chip shortage is national security threat and investment opportunity – former DOH official
(Kitco News) – The global computer chip shortage could have larger ramifications than making it more expensive to buy a car or waiting longer for the latest video game console.
Read moreChina’s CGNPC to pay $435 million for 49% stake in uranium operation in Kazakhstan
(Kitco News) – Kazatomprom, the national atomic company of Kazakhstan, announced today the signing of the sale and purchase agreement for the sale of a 49% share in Ortalyk uranium mining operation to a subsidiary of China General Nuclear Power Corpora…
Read moreTVI Pacific says pre-commissioning underway at Balabag
(Kitco News) – TVI Pacific (TSXV: TVI), a holder of 30.66% interest in the Balabag gold and silver project, located in Zamboanga del Sur, Philippines, announced today that all components of the processing plant at Balabag are now undergoing pre-commiss…
Read moreGold, silver succumb to pre-weekend profit taking, upbeat U.S. data
(Kitco News) – Gold and silver futures lost their early gains and are trading moderately lower in late-morning dealings Friday.
Read moreGold market hit with more strong data, U.S. new home sales rise 20% in March
(Kitco News) – The gold market is being bombarded with strong economic data, the latest coming from the U.S. housing sector as consumers bought new homes at the highest pace in more than 14 years.