Unprecedented silver demand forcing bullion deals to stop taking orders before market opens
(Kitco News) – Unprecedented investor interest in silver has continued through the weekend, spilling into the physical market with many bullion dealers unable to keep up with the demand.
Chalice Mining advances maiden resource
(Kitco News) – The company said high-grade G1-G5 zones extended and six new high-grade PGE +/- Ni-Cu-Co-Au zones (G6-G11)
defined over the quarter.
New Century production drops 4%, realised zinc prices up 12%
(Kitco News) – The operating cash margin from receipted sales was A$12.7m for the quarter and an average realised quarterly zinc price of US$1.19/lb, up 12%.
Read moreTirupati Graphite announces graphite project
(Kitco News) – The company will provide mineral processing technology development services with Optiva Resources Limited, a UK registered mining company, to develop mineral processing technology solutions for the vanadium-titanium-magnetite deposits on…
Read morePeter Thiel’s AI company to offer Rio Tinto a ‘single point of truth’
(Kitco News) – Miners and juniors have been turning to outside firms for help with advanced data analytics. Yamana Gold and Hochschild Mining have partnered with Goldspot Discoveries, which applies artificial intelligence to mineral exploration.
Read moreIf the technology sector ‘washes out’ mining stands to benefit
(Kitco News) – “I think we’ve seen a pretty reasonable run of risk money into the mining sector…but we really haven’t seen the washout of tech, and if that was to happen, it might be bad for the equity market broadly, but mining would be the benefici…
Read moreLucapa restarts diamond mine in Lesotho after nationwide COVID-19 lockdown
(Kitco News) – Mining operations at Mothae were suspended on January 13, 2021.
Read moreSokoman drills high-grade near-surface gold intervals at Moosehead
(Kitco News) – Drilling highlights include 4.0 m interval at 24.92 g/t Au, including 1.60 m at 61.68 g/t Au from 70.50 m downhole.
Read moreGold price is riding silver’s new attention wave, but is that good news?
(Kitco News) – Friday’s rally in precious metals saw gold rise more than 1% and silver rally more than 5% on the day.
Read moreWall Street, Main Street bullish on gold, but silver is the metal to watch next week
(Kitco News) – Bullish sentiment remains strong in the gold market as chaos and volatility dominate financial markets that are reacting to a growing swarm of organized retail investors, according to the latest Kitco News Weekly Gold Survey.
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