Fed Chair Jerome Powell says money printing doesn’t lead to inflation
(Kitco News) – Fed Chair Jerome Powell says money printing doesn’t lead to inflation
Russian state-controlled company receives uranium mining permit in Wyoming
(Kitco News) – Uranium One was acquired by the Russian nuclear state corporation Rosatom in January 2013.
Read moreThe risk of a significant silver supply crunch remains low – Metals Focus
(Kitco News) – The silver market has been gaining a lot of attention recently but for all the wrong reasons, according to some analysts.
Read moreGlobal lithium production declines 5% in 2020 – report
(Kitco News) – According to the preliminary data released by the U.S. Geological Survey (USGS), estimated global mine production of lithium in 2020 was 82,000 tonnes of lithium content (excl. USA), a 5% decline over 2019 (86,000 tonnes).
Read moreWhere is gold headed next week? Vote now!
(Kitco News) – Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short-term
Read moreSteppe Gold doubles resources in Mongolia
(Kitco News) – Steppe Gold (TSX: STGO) announced today an updated independent mineral resource estimate at its 100% owned ATO gold mine, located in Mongolia.
Read moreCapstone beats production and cost guidance
(Kitco News) – Capstone Mining (TSX:CS) announced today that the company exceeded both production and cost guidance for 2020.
Read moreInflation debate: Famous ‘Big Short’ investor signals risk as Fed’s Powell downplays concerns
(Kitco News) – As the Federal Reserve once again downplays inflation concerns, some major market players, including “Big Short” investor Michael Burry, are singling just the opposite.
Gold weaker but up from daily lows
(Kitco News) – Gold futures prices are moderately lower at midday Wednesday but well up from the session lows. Rising government bond yields are pressuring the precious metals markets at mid-week.
Read moreTorex Gold generates record net income, EBITDA and cash flow
(Kitco News) – Torex Gold Resources (TSX: TXG) reported Wednesday that the company produced 430,484 ounces of gold in 2020, surpassing the high end of revised guidance (390,000 to 420,000 ounces), issued following the COVID-19 shutdown, and the low end…
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