Lucara’s mining licence for Karowe renewed to 2046
(Kitco News) – According to the companyâ??s statement, the renewal is effective January 4, 2021 for a period of 25 years, securing Lucara’s mining rights to 2046 and marks a â??critical stepâ? in the formal sanction of the Karowe underground expansion project.
Peru’s mining sector contracted by 3% in November
(Kitco News) – On the contrary, the country registered higher production of tin (30.3%), zinc (20.8%) and iron (7.0%).
The hydrocarbons subsector fell by -13.88% as a result of the lower level of crude oil extraction (-47.5%); however, the production…
‘$2,300 is gold’s key level’: Georgia Senate runoffs, bitcoin crash to boost prices to new highs – OANDA
(Kitco News) – The new year will bring in more uncertainty, and gold prices will thrive on more stimulus, inflation risk, and bitcoin’s bubble bursting, according to OANDA senior market analyst Edward Moya.
Read moreU.S. Mint sees 455% increase in gold coin sales in 2020, silver demand up 100%
(Kitco News) – Investment demand for gold and silver fired on all cylinders in 2020 as the U.S. Mint data shows that demand for bullion gold and silver coin reached its highest level in four years.
Read moreGold, silver bulls out of the gate strong to start 2021
(Kitco News) – Gold and silver futures prices are trading sharply up in midday U.S. action Monday, with gold hitting a seven-week high and silver a 3.5-month high.
Read moreAsiamet achieves key permitting milestone at BKM
(Kitco News) – This is the final permit that allows the company to progress to development and construction of the BKM copper project.
Read moreRover Metals plans to build ice road to its Cabin Lake gold project
(Kitco News) – Rover Metals added that ice road access to the property, if approved, will “materially decrease” the company’s future exploration costs, and allow for heavier lower-cost exploration equipment, such as track drills. The Cabin Lake ice road will also materially reduce the amount of helicopter time.
SilverCrest secures $120 million financing for Las Chispas construction
(Kitco News) – Concurrently, one of the company’s Mexican subsidiaries has entered into a fixed price engineering, procurement and construction contract (the “EPC contract”) with Ausenco Engineering Canada for construction of the Las …
Read moreArgonaut Gold executes EPC contract with Ausenco for Magino construction
(Kitco News) – Argonaut Gold is a Canadian gold company engaged in exploration, mine development and production. Its primary assets are the El Castillo mine and San Agustin mine.
Read moreMcEwen reports its gold output dropped by 31% in 2020
(Kitco News) – The updated resource and reserve estimates for the Gold Bar mine are being finalized and will be published concurrent with the summary results of the updated feasibility study in the coming weeks
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