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Canadian gold miner Karora goes strong in Australia

(Kitco News) – Karora Resources (TSX: KRR) announced Thursday consolidated gold production of 24,694 ounces for the first quarter of 2021 from its Beta Hunt and Higginsville mines in Western Australia.

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New Canadian gold miner i-80 acquired Getchell project in Nevada

(Kitco News) – i-80 Gold (TSX:IAU), the new Canadian Nevada-focused gold mining company, announced today that it completed acquisition of the Getchell project in the Getchell gold belt near Winnemucca, Nevada, from Waterton for consideration consisting…

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Gold, silver power ahead on chart-based buying, short covering

(Kitco News) – Gold and silver prices are solidly higher in midday U.S. trading Thursday, with gold posting a six-week high and silver a three-week high.

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GLD vs. GBTC: Grayscale Bitcoin Trust to surpass world’s largest commodity ETF

(Kitco News) – Grayscale Bitcoin Trust (GBTC) is on track to surpass the largest commodity ETF SPDR Gold Trust (NYSE: GLD), as the former tops $50 billion.

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China’s Ganfeng Lithium expects up to 6,484% net profit growth in Q1 2021

(Kitco News) – China’s Ganfeng Lithium, the world’s largest lithium metal producer, reported today that the net profit attributable to shareholders of the listed
company is expected to increase 5,709.38% to 6,483.96% in Q1 2021 compared to the corresponding period of 2020.

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Excellon reports strong Q1 2021 production results in Mexico

(Kitco News) – Excellon Resources (TSX:EXN, EXN.WT; NYSE:EXN) announced Thursday that the company produced 516,715 silver equivalent ounces (Q1 2020 – 523,742 ounces) at its Platosa mine in Durango, Mexico.

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Wesdome Gold reports 10% production decline in Q1 2021, on track to meet annual guidance

(Kitco News) – Wesdome Gold Mines (TSX:WDO) reported today that the company produced 22,564 ounces of gold in Q1 2021, a 10% decline compared to Q1 2020 (25,122 ounces).

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British mining giant Anglo American reaches 100% renewable energy goal in South America

(Kitco News) – Anglo American (AAL.L, AAM.SW) announced Thursday that it has delivered on its commitment to source 100% renewable energy for all its operations in Brazil, Chile and Peru.

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Macroeconomic outlook to dominate gold market not geopolitical uncertainty – Metals Focus

(Kitco News) – The world is seeing a rise in geopolitical uncertainty, with tensions rising between the U.S., Russia, and China and further instability in the Middle East. While this volatility could create some safe-haven demand for gold, one firm sai…

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Gold powers to 6-week high as charts turn friendlier

(Kitco News) – Gold futures prices are sharply higher, near daily highs and have hit a six-week high in late-morning trading Thursday.

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