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Sierra Metals says COVID-19 challenges impacted its Q1 2021 production

(Kitco News) – Sierra Metals (TSX: SMT) (BVL: SMT) (NYSE AMERICAN: SMTS) announced Friday that its Q1 2021 copper equivalent production of 25.5 million pounds was 18% lower compared to Q1 2020 (31.2 million pounds).

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Beirut incident impacted K92 Mining’s first quarter production at Kainantu

(Kitco News) – K92 Mining (TSX: KNT; OTCQX: KNTNF) announced Friday production in Q1 2021 at its Kainantu gold mine in Papua New Guinea of 18,654 oz AuEq, or 17,774 oz of gold, 426,153 lbs of copper and 7,925 oz of silver. Q1 2021 production was 6% low…

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Gran Colombia Gold declares monthly dividend payment

(Kitco News) – Gran Colombia Gold (TSX: GCM; OTCQX: TPRFF) announced that its Board of Directors has declared the next monthly dividend of CA$0.015 per common share will be paid on May 17, 2021 to shareholders of record as of the close of business on A…

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Peru’s Buenaventura says 2021 guidance unchanged despite COVID-19 concerns

(Kitco News) – Compañia de Minas Buenaventura, Peru’s largest publicly-traded precious and base metals mining company, today announced its Q1 2021 production results.

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Jim Rogers: History shows that Bitcoin will be outlawed if it becomes ‘successful’

(Kitco News) – Money will become more and more digitized, according to Jim Rogers, investor, best-selling author, and co-founder of the Quantum Fund, but the question is whether or not non-government issued digital currencies will prevail.

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Gold price holding strong gains despite 19% rise in U.S. housing construction data

(Kitco News) – The gold market continues to see strong bullish momentum and is seeing little movement from stronger than expected U.S. housing construction data.

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Price gains for gold, silver, as technical tide has turned

(Kitco News) – Gold and silver prices are higher and hit multi-week highs in early U.S. trading Friday. The chart-based bulls have come out of their slumber and are now pressing their case on the buy side of the precious metals markets.

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Bitcoin daily chart alert – Routine downside correction Friday – April 16

(Kitco News) – Bitcoin-U.S. dollar prices are lower in early U.S. trading Friday and seeing a normal downside correction after prices hit a record high earlier this week. The bulls still have the strong overall technical advantage to suggest more new h…

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HSBC’s Chief Precious Metals Analyst talks about the current themes in the gold market

(Kitco News) – James Steel who is the Cheif Precious Metals Analyst at HSBC said that golds move lower has moved lower due to the vaccine rollout and safe-haven demand dipping due to the post-pandemic economic recovery. Although he added the jewellery,…

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Gold and silver are flat leading into the EU open

(Kitco News) – Gold and silver are both trading flat leading into the EU open this morning. Gold had a pretty impressive session yesterday rising 1.58% and pushing past the previous wave high on the daily chart.

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