Gold to enter bull ‘supercycle’ in 2021, here’s why – Steve Hanke
(Kitco News) – Commodities, including gold, have been seeing initial signs of a long-term bull supercycle, said Steve Hanke, professor of applied economics at Johns Hopkins University.
Read more‘Silver may take the gold’: Bloomberg Intelligence is looking at $50 silver price
(Kitco News) – Silver’s bull market is just beginning, said Bloomberg Intelligence, which sees silver as the “primary metal” benefitting from electrification and quantitative easing next year.
Read moreWhy worldwide refined copper production was up despite COVID
(Kitco News) – While preliminary data indicates that world copper mine production fell by 1% in the first nine months of 2020, the International Copper Study Group said Monday that refined copper production increased by 1.2% partly due to smelter upgra…
Read moreGolden Minerals commissions mining at Rodeo ahead of schedule
(Kitco News) – Golden Minerals (NYSE, TSX: AUMN) today announced that it has begun mining activities at its Rodeo gold project located in Durango State, Mexico.
Read moreWhat metal has the most potential in 2021
(Kitco News) – Kitco aficionados, as part of our 2021 outlook series, we’d like to know which metal do you think has the most potential in the new year?
Read moreGold suffering as only one-third of $900 billion stimulus is new money
(Kitco News) – After months of waiting, Congress has finally passed a new stimulus measure to help Americans who have seen their lives turned upside because of the COVID-19. The new liquidity flooding into markets should be positive for gold prices.
Read moreGeneration Mining announces capital raising led by Eric Sprott
(Kitco News) – Generation Mining (TSX: GENM) announce today a fully subscribed non-brokered private placement of 4,295,000 common shares for gross proceeds of C$3,307,150.
Generation Mining informs that approximately 47% of the offering will be subscribed to by a company controlled by Eric Sprott, making it the largest shareholder of the company’s common shares.
Uranium One reports 6% production decline in Q3 2020; revenue drops by 19% on lower sales
(Kitco News) – Uranium One, an international uranium mining company of the Russian state corporation Rosatom, announced today its financial and operational results for the three and nine months ended September 30, 2020.
Read moreGold, silver extend early losses as outside mkts bearish
(Kitco News) – Gold and silver futures prices lower in midday U.S. trading Tuesday, pressured by profit taking from recent gains by the shorter-term futures traders.
Read moreMidas Gold’s Stibnite gold project to produce 4.2 million ounces of gold 118 of antimony
(Kitco News) – Midas Gold said Tuesday that it is currently developing what could become one of the largest and highest-grade open pit gold mines in the United States and the country’s only primary producer of antimony.
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