Russia plans to become a global leader in rare and rare earth metals production
(Kitco News) – Local media sources reported that Russia, which has lost its leading position in the rare and rare earth metals (RM-REE) market as an aftermath of the collapse of the USSR, is ready to return to the ranks of the world’s largest producers…
Read moreFebruary was not a good month for gold as global ETF holdings drop 2% – WGC
(Kitco News) – Expectations for a faster-than-expected recovery for the global economy and a sharp rise in bond yields took a significant toll on the gold market as investors fled from their gold-backed exchange-traded funds (ETF).
Read moreThank gold for last year’s surge in B.C. exploration activity
(Kitco News) – Exploration spend across British Columbia increased by 28% year-over-year to C$422 million (US$335.4 million) in 2020, writes EY in a study of junior mining trends released Thursday.
Read moreEquinox Gold boosts 2020 production 137%, earnings from mine operations surge three-fold
(Kitco News) – Equinox Gold Corp. (TSX: EQX, NYSE American: EQX) reported Thursday that the company exceeded its revised production guidance with total production of 477,186 ounces of gold in 2020, a 137% increase over 2019 (201,017 ounces).
Read moreGold, silver sell off when U.S. Treasury yield spikes above 1.5%
(Kitco News) – Gold and silver prices are lower in midday U.S. trading Thursday. April gold futures are poised to close at a nine-month-low close today, while May silver futures hit a five-week low today.
Read moreGold prices drop below $1,700 as Jerome Powell dismisses rising inflation and bond yields
(Kitco News) – The gold market did not find much love as from Federal Reserve Chair Jerome Powell as he continued to dismiss rising inflation pressures and bond yields.
Great Panther achieves record financial results on strong operating performance
(Kitco News) – Great Panther Mining (TSX: GPR) (NYSE-A: GPL) today reported that the company achieved annual production guidance and increased overall gold equivalent production to 150,051 oz in 2020, up 2% compared to 2019 (146,853 oz).
Read moreGold price pauses ahead of Powell, non-farm payrolls
(Kitco News) – Gold is steady-firmer and silver prices are modestly lower in early U.S. trading Thursday. The markets are pausing ahead of key data points today and Friday.
Read moreGold price still under pressure as U.S. weekly jobless claims rise less than expected
(Kitco News) – The gold market remains under pressure, hovering above $1,700 an ounce but is seeing little reaction to better than expected U.S. employment data.
Bitcoin daily chart alert – Bulls remain in driver’s seat – Mar. 4
(Kitco News) – Bitcoin-U.S. dollar prices are lower in early U.S. trading Thursday, on a corrective pullback and some chart consolidation. Bulls still have the solid overall near-term technical advantage, and are keeping alive a price uptrend on the da…
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