Kitco to announce ‘CEO of the Year’ on Thursday, March 4, 2021
(Kitco News) – 2020 was an extraordinary year for the mining sector. Despite the challenges caused by the global COVID-19 pandemic, companies created unprecedented value for investors and supported their communities during difficult times.
Read moreWorld’s silver production to grow 18% by 2024 – report
(Kitco News) – GlobalData expects that the world’s silver production to increase by 8.1% in 2021 to 918.3moz, and then exceed 1 billion ounces by 2024 – a 3.2% CAGR.
More gold bears waking from hibernation
(Kitco News) – Spring must be around the corner because gold bears are coming out of hibernation.
Read moreLosing streak: Gold price down nearly $200 since start of the year, what’s next?
(Kitco News) – Gold is looking at its second month of losses in 2021 as markets wrap up February, and analysts warn of more downside action with the precious metal testing critical support levels.
Read moreGold price nosedives on rising yields; next key levels to watch – Peter Hug
(Kitco News) – Gold falls 2.5% on Friday as Treasury yields rise, pushing up the U.S. dollar.
Read moreAnaconda achieves production guidance; net income soars 22 times
(Kitco News) – Anaconda Mining (TSX:ANX)(OTCQX:ANXGF) reported today that the company produced 18,268 ounces of gold in 2020 from its Point Rousse operation in Newfoundland, Canada, achieving its annual guidance of 18,000 to 19,000 ounces, with the pro…
Read moreGold Fields ramps-up transition to renewables
(Kitco News) – Gold Fields (JSE, NYSE: GFI) reported that the electricity generation licence has been approved today by the National Energy Regulator of South Africa (NERSA) for the construction of a 40MW solar power plant at its South Deep mine.
Read moreMountain Province Diamonds restarts Gahcho Kué
(Kitco News) – Mountain Province Diamonds (TSX: MPVD) (OTCQX: MPVD) reported today that the ramp-up to resume operations at the Gahcho Kué mine has begun. The mine suspended production related activities on February 6 after experiencing several cases of COVID-19.
Gold price down 3%, silver price tumbles 5% as selling accelerates
(Kitco News) – The precious metals market took a major hit on Friday as technical selling pressure accelerated the move lower across the board.
Read moreAuriant boosts net cash flow 315% on strong operational results in Russia
(Kitco News) – Swedish gold miner Auriant with assets in Russia today reported that its full-year 2020 consolidated revenue was MSEK 492.1 (US$ 53.4 mln), up 79% YoY (2019: MSEK 281.6 (US$ 29.8 mln)).
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