Why base metals are behind the eight ball
(Kitco News) – Under-investment in gold exploration was bad, but lack of project generation for the base metal sector was worse, said Max Porterfield, president and CEO of Callinex Mines (CVE:CNX).
Read moreWill yield surge get out of control? This is Fed’s next move – Danielle DiMartino Booth
(Kitco News) – The U.S. 10-year Treasury yield briefly surged above 1.5% on Thursday. Until the Federal Reserve declares an intervention to bring down the long-end of the curve, equities markets could see continued “nervousness” said Danielle DiMartino…
Read moreResolute goes strong in West Africa, increases EBITDA 87%
(Kitco News) – Resolute Mining (ASX/LSE: RSG) today reported its 2020 financial and operating results that reflect the first full year of operations from both the Syama underground mine in Mali and the Mako gold mine in Senegal.
Read moreGold price sheds nearly $100 this week as Wall Street calls for more losses
(Kitco News) – Gold lost nearly $100 this week as prices tumbled to $1,720, hitting fresh eight-month lows. But the selloff might not be over as Wall Street called for even lower levels next week, according to Kitco’s gold survey.
Argonaut Gold delivers record revenue and cash flow
(Kitco News) – Argonaut Gold (TSX: AR) yesterday announced that for the full year 2020, the company achieved record annual revenue of $319.7 million.
Read moreInvestors aren’t ‘stampeding’ out of gold because inflation is still a threat – Axel Merk
(Kitco News) – Sharply rising bond yields have taken some bullish momentum away from gold; however, one fund manager said that the precious metal is holding up relatively well considering how quickly yields have risen.
Read moreGold price remains under pressure as U.S. annual core PCE beats expectations in January
(Kitco News) – Gold ticked up but continued to trade under pressure after the U.S. annual core PCE price index came in above expectations in January, advancing 1.5% versus the expected 1.4%.
Read moreGold price slumps to 8-mo. low on rising bond yields, bounce in USDX
(Kitco News) – Gold futures prices are solidly lower again in early U.S. trading Friday and hit an eight-month low.
Read moreCommodities supercycle or bull rally? Analysts point to silver as the one to watch
(Kitco News) – Are we on the verge of another commodity supercycle or just a post-pandemic rally after some major supply restrictions?
Read moreBitcoin daily chart alert – Price hits 3-week low Friday – Feb. 26
(Kitco News) – Bitcoin-U.S. dollar prices are solidly lower and hit a three-week low in early U.S. trading Friday.
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