Peak gold is a myth: Industry is not running out of big deposits, says Douglas Silver
(Kitco News) – The notion that the mining industry has hit peak gold in terms of major new discoveries is wrong, according to this year’s PDAC keynote speaker and expert in mineral economics Douglas Silver.
Read moreEven at $1,600, there is plenty of value in gold producers and the metal – Sprott’s Grosskopf
(Kitco News) – There is still plenty of long-term value in the gold market, with equities looking extremely attractive even as the precious metal trades below $1,700 an ounce, according to one fund manager.
Read moreThis is the mindset of a successful trader
(Kitco News) – Patrick Victor, founder of No Nonsense Forex, and Ben Kennedy, Head of Business Development, ARYA Trading, discuss what it takes to excel in the trading world.
Read moreCapstone reports contractor fatality at Cozamin mine
(Kitco News) – Capstone Mining (TSX:CS) reported today that a fatal accident occurred at its Cozamin mine in Mexico on March 7, 2021. The isolated incident occurred underground and involved one of the company’s contractor employees.
Read moreBonterra advances permitting for Bachelor gold mill expansion
(Kitco News) – Bonterra Resources (TSXV: BTR) (OTCQX: BONXF) announced Monday an update regarding the ongoing permitting process to expand the 100% owned Bachelor gold mill in Quebec from 800 to 2,400 tonnes-per-day (“tpd”).
Read moreGold at 10-mo. low as competing assets appear more attractive
(Kitco News) – Gold prices are solidly lower again in midday U.S. trading Monday and hit a 10-month low. Silver is trading near steady.
Read moreMining permit on Waterberg platinum project appealed
(Kitco News) – Platinum Group Metals (TSX: PTM) (NYSE American: PLG) today confirmed that a notice to appeal the decision granting Waterberg JV a mining right was received by the company on March 5, 2021.
Read moreGold price can’t catch a break as oil hits nearly 3-year high; all focus on bonds – analysts
(Kitco News) – Rising geopolitical tension in the Middle East pushed oil prices to their highest level since October 2018. Still, the boom in the most traded commodity in the world is not impacting gold prices as the precious metal continues to face st…
Read moreRio Tinto plans to produce critical mineral tellurium at its copper mine in Utah
(Kitco News) – Rio Tinto announced today that the company will begin construction on a new plant that will recover tellurium, a critical mineral used in solar panels, from copper refining at its Kennecott mine near Salt Lake City, Utah.
Read moreHedge funds continue to unload their bullish gold bets as Fed remains indifferent to rising bond yields
(Kitco News) – Speculative interest in the gold market continues to sour as hedge funds reduce their bullish bets to their lowest level since May 2019, according to the latest data from the Commodity Futures Trading Commission (CFTC).
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