Gold and silver are mixed leading into the EU open
(Kitco News) – Gold (-0.38%) and silver (0.08%) trade mixed leading into the EU open. Gold had a pretty heavy session on Monday with the yellow metal falling -1.08% and the $1700/oz psychological area is currently being defended.
Read moreB2Gold’s Menankoto permit in Mali has not been renewed
(Kitco News) – B2Gold strongly believes that Menankoto is entitled to a renewal of the permit under applicable law.
Read moreHudbay plans to increase copper and gold output, discovers high-grade mineralization near Rosemont
(Kitco News) – The company’s consolidated copper and gold production expected to increase by 36% and 125%, respectively, by 2023.
Read moreMarathon Gold delivers robust feasibility study for Valentine project
(Kitco News) – Highlights of the FS include after-tax IRR of 31.5% and NPV at a 5% discount rate of US$450M at US$1,500/oz gold.
Read more‘Strong era for commodities’: Here’s why silver deserves the focus, says Mettalex CEO
(Kitco News) – The markets are entering a “strong era for commodities” and investors shouldn’t overlook silver, according to one industry expert.
Read moreHigher taxes, interest rates are inevitable; ‘Things will get crazy’ – Gareth Soloway
(Kitco News) – Higher taxes, interest rates are inevitable; ‘Things will get crazy’ – Gareth Soloway
First Cobalt signs offtake for 100% of production
(Kitco News) – First Cobalt (TSX-V: FCC; OTCQX: FTSSF) today announced that it signed a flexible, long-term, offtake agreement with Stratton Metal Resources for the sale of future cobalt sulfate production from the First Cobalt refinery located in Onta…
Read moreCalibre ups gold reserves 202% in Nicaragua
(Kitco News) – Today, Calibre Mining (TSX: CXB; OTCQX: CXBMF) announced the results of the company’s updated Mineral Reserves and Mineral Resources at its El Limon and La Libertad mining complexes in Nicaragua as of December 31, 2020.
Fortuna hits 1,931 g/t silver interval at San Jose mine
(Kitco News) – Fortuna Silver Mines (NYSE: FSM) (TSX: FVI) announced today that step-out and infill drilling at the San Jose mine in Mexico has established continuity of high-grade mineralization in the upper levels of the Trinidad Footwall structures.
Read moreIndustrial demand can drive silver prices to $30 an ounce – Bank of America
(Kitco News) – Rising momentum in the U.S. dollar and the resilient uptrend in bond yields are taking their toll on precious metals, particularly with silver prices seeing weakness, falling more than 2% on the day.
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