Cryptos will lead the next financial crisis, here’s why – Brett Heath
(Kitco News) – Cryptocurrencies could lead the charge into the next financial crisis, said Brett Heath, CEO of Metalla Royalty & Streaming
Russian gold giant Polyus posts $739 million EBITDA for Q1 2021
(Kitco News) – Russian mining company Polyus (LSE, MOEX — PLZL), the largest gold producer in Russia and one of the top five gold miners globally with the lowest cost position, today announced that the company’s total gold sales volumes amounted to 569 thousand ounces in the first quarter of 2021, down 31% compared to the fourth quarter of 2020.
Rio Tinto starts drilling at American Pacific’s Madison copper gold project
(Kitco News) – American Pacific Mining (CSE: USGD / FWB: 1QC / OTCQB: USGDF) announced Thursday that the Rio Tinto Group has commenced drilling at the company’s Madison copper gold project, located in Montana, USA. The first diamond core drill arrived on site this week and began drilling the first targets.
Gold sees normal downside correction in existing price uptrend
(Kitco News) – Gold prices are moderately lower in midday U.S. trading Thursday, on a normal corrective pullback and some profit-taking by the futures traders.
Read moreRio Tinto partners with Comptech to deliver next generation of electric vehicle and 5G giga-casting alloys
(Kitco News) – Rio Tinto announced today that the company and Comptech, a R&D focused supplier of know-how and equipment for aluminium semi-solid castings, are partnering to bring a new generation of aluminium alloys to the market for use in advanced technologies such as electric vehicles and 5G antennas.
Gold price to $10,000 within 10 years if inflation picks up, look for record highs in December – Incrementum
(Kitco News) – Similar to the growing concerns about climate change, one European investment firm is warning investors that central bank monetary policy and government spending are reaching a tipping point and the global economy is on the cusp of a new…
Read moreNeo Lithium discovers new deep brine aquifer at 3Q, prepares new resource estimate
(Kitco News) – Neo Lithium (TSXV:NLC; OTCQX:NTTHF; FSE:NE2) announced Thursday that it has successfully intercepted a new deep brine aquifer at its 3Q lithium project in Argentina, located outside the area of the resources estimate with an effective da…
Read moreNornickel expects deficit of palladium, surplus of platinum and nickel in 2021 – report
(Kitco News) – Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, today presented the seventh review of the nickel and platinum group metals (PGM) markets prepared in alliance with IC…
Read moreGold price ignores another pandemic low in U.S. weekly jobless claims
(Kitco News) – Another week and another new pandemic low in the U.S. labor market as fewer American workers apply for first-time unemployment benefits.
Read moreGold, silver see some routine profit taking from recent gains
(Kitco News) – Gold and silver prices are modestly lower in early morning U.S. trading Thursday, on a normal corrective pullback and some profit-taking by the futures traders.
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