Gold is flat leading into the EU session
(Kitco News) – Gold and silver are mixed leading into the EU session this morning. Gold trades $15 above the $1700/oz level while silver is at $25.79/oz.
Read moreNuclear power ‘crisis” has created new national security threat – Amir Adnani
(Kitco News) – Nuclear power ‘crisis” has created new national security threat – Amir Adnani
Read moreChinese investors more likely to flag ESG concerns over American investors
(Kitco News) – “You’ll see now where 10 years ago ESG would be a little back in the presentation. It is now front-and-center. People want to listen and pay attention,” said Soni.
Read moreBitcoin breaks $55,000, hits 17-day high
(Kitco News) – Bitcoin’s all-time high was Feb. 21 when it crested $58,000.
Read moreCOVID-19 outbreak causes death at Brucejack
(Kitco News) – One person has died in relation to a COVID-19 outbreak at the Brucejack mine in northwestern B.C.
Read moreFrank Holmes: Yields are like ‘rocket ship’; what happens when they crash back to Earth?
(Kitco News) – Yields cannot rise “hyperbolically” forever, and within the next 30 days they should mean revert, creating a very bullish environment for risk assets, said Frank Holmes, CEO of U.S. Global Investors.
All commodities are entering a new supercycle – Will Rhind
(Kitco News) – A new commodity supercycle is showing signs of emerging, said Will Rhind, CEO of GraniteShares ETFs, and all commodities, the industrial, agricultural, precious, and energy sectors, will see a rise.
Read moreGlobal zinc output dropped 6% in 2020; China was the biggest zinc producer – report
(Kitco News) – According to the preliminary data released by the U.S. Geological Survey (USGS), global mine zinc production was estimated to be 12.0 million tons in 2020, a 6% decline compared to 2019 (12.7 million tons).
Read moreOsisko Mining orders milling equipment for Windfall gold project
(Kitco News) – Osisko Mining (OSK:TSX) announced today that it has placed an order for grinding equipment and ancillaries from FLSmidth, a leading technology and equipment supply company, for its 100% owned Windfall gold project located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Québec.
COVID pandemic was not as bad for miners as first thought, says S&P Global
(Kitco News) – The disruptions caused by the COVID-19 pandemic were not as significant as first estimated, according to Mark Ferguson, S&P Global metals & mining research director.