Gold, silver see price gains on corrective rebounds
(Kitco News) – Gold and silver futures prices are trading higher in early U.S. trading Wednesday, on upside corrections from Tuesday’s selling pressure.
Read moreGold and silver marginally higher ahead of Eu open
(Kitco News) – Gold and silver are trading marginally higher leading into the European open. Silver has now pared most of the move higher after the “Reddit short Squeeze” trade ran out of steam following an increase in margin requirements (18%). Gold f…
Read moreBitcoin daily chart alert – Bulls have momentum at mid-week – Feb. 3
(Kitco News) – Bitcoin-U.S. dollar prices are firmly higher again in early U.S. trading Wednesday. The BC bulls have the firm overall technical advantage and have momentum on their side now.
Read moreGlencore post a drop in copper production
(Kitco News) – Glencore Chief Executive Officer, Ivan Glasenberg said “Our mining assets performed well in difficult circumstances during 2020.
Read moreAustralia’s largest solar farm to power BHP’s Nickel West
(Kitco News) – “Nickel West is already one of the most sustainable nickel producers in the world but has committed to significantly reduce CO2 emissions further.
Lithium carbonate prices increased by over 40% – Benchmark
(Kitco News) – Benchmark said that the midpoint, prevailing transacted price of the Benchmark Lithium Carbonate, Technical Grade, EXW China, =99.0% Li2CO3, increased by 41.35% to $8,375/tonne (RMB54,000/tonne). Meanwhile, the midpoint, prevailing trans…
Read moreMiners looking to shift careers to renewables
(Kitco News) – Workers view renewables as more secure. The pandemic had the effect of making workers feel less secure about their jobs.
Read moreFreeport-McMoRan’s reinstated dividend tops its pre-pandemic rate
(Kitco News) – The company has reinstated a cash dividend on its common stock at an annual rate of $0.30 per share.
Read moreGameStop plunges 80% from highs; have traders given up? Is this over? Chris Vermeulen
(Kitco News) – GameStop plunges 80% from highs; have traders given up? Is this over? Chris Vermeulen
Read moreAlbemarle reports sales drop, raises $1.3B to fund growth capex
(Kitco News) – Albemarle’s net sales in Q4 2020 were between $870 million and $880 million, down 11% to 12% compared to Q4 2019.
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