Markets tanked this week; ‘We’re headed for a real disaster’ – Todd Horwitz
(Kitco News) – Markets tanked this week; ‘We’re headed for a real disaster’ – Todd Horwitz
Read moreThe world’s top 10 biggest gold mines in 2020 – report
(Kitco News) – Kitco ranked the world’s biggest gold mines by production in 2020. The ranking below was developed on the basis of 2020 (calendar year) production figures reported by companies and preliminary estimates for Muruntau. Gold output is in thousand ounces (koz).
Higher yields impacting gold; any relief in sight? Peter Hug
(Kitco News) – The 10-year yield has climbed to 1.56% Friday morning, but can rise to as high as 1.7% before the Federal Reserve steps in to intervene, said Peter Hug, global trading director of Kitco Metals.
Read moreUnchecked rise in bond yields will weigh on gold as prices end the week below $1,700
(Kitco News) – Renewed momentum in the U.S. dollar, rising bond yields, and growing investor optimism surrounding U.S. economic growth are taking their toll on the gold market as sentiment remains firmly bearish, according to the latest results of the …
Read moreAfrica-focused tin producer Alphamin reports record production and EBITDA
(Kitco News) – Alphamin Resources (AFM:TSXV, APH:JSE), a producer of 4% of the world’s mined tin from its high-grade operation in the Democratic Republic of Congo, today reported record EBITDA of $16.7 million and record tin production of 2,898 tons in…
Read moreFirst Majestic’s outstanding sustainability practices recognized in Mexico
(Kitco News) – First Majestic Silver (AG: NYSE; FR: TSX) announced Friday that its three operating mines in Mexico, the San Dimas silver/gold mine
Read moreLand assembly was a multi-year process at Fosterville South
(Kitco News) – The president and CEO of Fosterville South Exploration (TSX-V:FSX), Bryan Slusarchuk, likes to tout his neighbors in Victoria, Australia.
Read moreWhy Todd Horwitz is short gold as markets tumble
(Kitco News) – Nominal yields rise on inflation fears, but beneath the hopes of an improving economy are deep, structural problems that will not recover anytime soon, said Todd Horwitz of BubbaTrading.com.
Read moreStop looking at regional risk as ‘black and white’ – Fosterville South’s Bryan Slusarchuk
(Kitco News) – Assuming you can assess a whole region with just one risk metric is a mistake, said the president and CEO of Fosterville South Exploration (TSX-V:FSX), Bryan Slusarchuk.
Read moreGold, silver see price pressure after upbeat U.S. jobs data
(Kitco News) – Gold and silver prices are lower again in early U.S. trading Friday, pressured in part by some upbeat U.S. economic data just released.
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