Northern Star posts record profits, cashflow and dividend
(Kitco News) – The company recorded a 46 percent increase in net profit for the six months to 31 December 2020.
Read moreIs Elon Musk signaling move into gold? What Tesla’s filings reveal – Alex Mashinsky
(Kitco News) – Is Elon Musk signaling move into gold? What Tesla’s filings reveal – Alex Mashinsky
Silvercorp receives mining license extension in China
(Kitco News) – The mining license has been renewed and extended for a period of 20 years.
Read moreGold price crashing by 40%: how likely is it? – Kai Hoffmann
(Kitco News) – Gold price crashing by 40%: how likely is it? – Kai Hoffmann
Read moreHarte Gold keeps building momentum at Sugar Zone
(Kitco News) – The company said that 3,785 ounces of gold mined in January was 5% higher than Q4 2020 monthly average (3,611 ounces) and 22% higher than Q3 2020 monthly average (3,100 ounces).
Read moreGlobal palladium output fell 7% in 2020; Russia was the biggest palladium producer – report
(Kitco News) – Global palladium production declined by 7% in 2020. Russia was the largest producer of palladium, followed by South Africa and Canada. South Africa controls a whopping 91% of global PGM resources.
Read moreHow long will gold price stay flat? Canadian Mining Hall of Fame investor gives outlook, advice
(Kitco News) – Gold has already moved from $1,250 to $2,000 in a very short amount of time, and the metal is simply in a consolidating phase right now, said David Elliott, a founding partner of Haywood Securities, which has grown from an office of 15 e…
Read moreIs Tesla signaling a move into gold? Could this be a new trend for companies sitting on a pile of cash?
(Kitco News) – Bitcoin got all the attention after Tesla CEO Elon Musk announced a $1.5 billion investment in the cryptocurrency. But there was another major change to the company’s policy regarding cash holdings, and gold investors need to take notice…
Read moreTanzanian Gold raises US$21.4 million to advance Buckreef project
(Kitco News) – Tanzanian Gold (TSX:TNX) (NYSE American:TRX) today announced that it has entered into a definitive agreement with several institutional investors for the purchase and sale of 32,923,078 shares of its common stock at a purchase price of U…
Read moreIs there enough silver? The real story in silver is the physical squeeze
(Kitco News) – The mainstream media got the silver story wrong, according to Guardian Vaults business development manager John Feeney, who said the real story is in the physical squeeze, and it is far from over.
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