Fresnillo shares fall after the firm forecast a drop in production
(Kitco News) – Fresnillo has posted its latest quarterly production report this morning and there has been an improvement in gold production but a reduction in silver. Also the company forecast a drop in production due to a landslide.
Read moreGold and silver slip slightly ahead of the EU open
(Kitco News) – Gold and silver trade slightly lower ahead of the EU open as the dollar traded marginally higher overnight. The risk sentiment was also mixed with Australia playing catch up after a public holiday on Tuesday.
Read moreHow to make steel with zero emissions: Fortescue’s Andrew Forrest has two plans
(Kitco News) – West Australian-based Fortescue Metals Group is a major iron ore miner. In 2020 the company had revenues of $12.8 billion and shipped 178.2 million tonnes of ore. Forrest said the industry has to transition and emit less CO2.
Read moreUranium Energy restarts project in Texas, wants to capitalize on the U.S. uranium reserve program
(Kitco News) – The Burke Hollow’s initial production area is the newest and largest ISR wellfield being developed in the U.S.
Wesdome sells 3.2Moz gold deposit in Ontario for $57M
(Kitco News) – The deposit hosts indicated resources of 40 million tonnes at 1.1 g/t Au totalling 1.4M oz Au and an additional inferred resources of 50 million tonnes at 1.1 g/t Au totalling 1.8M oz Au.
Read moreMedgold delivers robust PEA for its gold project in Serbia
(Kitco News) – The project boasts life of mine all-in sustaining costs of US$522/ounce Au.
Read moreInflation or deflation? Markets most likely to see ‘extremes,’ but gold price benefits, says WGC
(Kitco News) – After the COVID-19 pandemic, markets will likely see extremes. And whether it will be deflation, inflation, or both, gold prices stand to benefit, according to the World Gold Council (WGC).
Read moreFirst Cobalt to commence pilot cobalt solvent extraction in February
(Kitco News) – Cobalt solvent extraction is scheduled to commence at the beginning of February and is expected to be completed by February 20.
Read moreFireweed announces ‘good grades’ to extend zone of mineralization
(Kitco News) – Hole NB20-002 intersected 4.42% Zinc, 0.08% Lead and 10.7 g/t Silver over 212.70 m, including 25.58% Zinc, 0.14% Lead and 44.0 g/t Silver over 5.81 m.
Read moreEpiroc says automation, digitization in high demand
(Kitco News) – The company said automation, digitalization, and electrification solutions “…are in high demand and we connect more and more machines.”
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