Fortescue Metals acheives record shipments
(Kitco News) – Strong cashflow generation resulted in net debt of US$0.1 billion at 31 December 2020
Read moreRio Tinto boss puts stamp on company with management shuffle
(Kitco News) – The company said that Parker’s task will be to rebuild “…trust and strengthening external relationships across Australia.” Parker joined Rio Tinto in 2001 and has held a number of safety, operational and leadership roles across both th…
Read moreGold mine in Ontario helps Australian Evolution Mining to increase production
(Kitco News) – Production at Evolution’s Red Lake gold mine in Ontario increased by 27% to 33,709oz.
Read moreNewcrest increases quarterly gold production, reduces costs
(Kitco News) – Newcrest’s December 2020 quarter gold production was 6% higher than the prior period.
Read moreGold prices slightly lower as Powell holds fast on monetary policy
(Kitco News) – A fairly neutral tone from Federal Reserve Chair Jerome Powell after the central bank stood pat on monetary is creating some renewed selling pressure in the gold market.
Read moreFrench nuclear giant Orano obtains uranium exploration permits in Greenland
(Kitco News) – The permits are granted on special terms, where the company cannot expect to obtain an exploitation permit automatically.
Read moreMAG Silver generates pre-production cash-flow at Juanicipio
(Kitco News) – The company said that the commissioning of the Juanicipio processing plant is now expected in Q4 2021.
Read moreGold, silver show little reaction to FOMC statement
(Kitco News) – Gold and silver futures prices are lower in afternoon U.S. trading Wednesday, but well up from their earlier lows.
Read moreMinera Alamos readies Santana gold mine for production
(Kitco News) – The company expects the first gold pour in early 2021.
Read moreGold price remains under pressure as Federal Reserves holds the line
(Kitco News) – Gold prices remain under pressure but within their recent range as the Federal Reserve stands pat on monetary policy, even as it continues to signal that they are ready to do more if needed.
