NextSource signs offtake with thyssenkrupp, stock jumps
(Kitco News) – Madagascar graphite miner, NextSource Materials (TSX: NEXT), said Tuesday it signed a 10-year agreement with thyssenkrupp Materials Trading to deliver approximately 35,000 tonnes per annum of graphite concentrate from the company’s Molo …
Read moreRussian gold giant Polyus ups production capacity at Verninskoye
(Kitco News) – Russian mining company Polyus (LSE, MOEX : PLZL), the world’s fourth-largest gold mining company by production volumes and the largest gold miner by reserves, announced today that it has successfully completed the expansion of the Verninskoye mill’s throughput capacity.
New Gold receives permit to mine new zone at New Afton
(Kitco News) – New Gold (TSX and NYSE American: NGD) announced Tuesday the receipt of the New Afton B3 Mines Act Permit.
Read moreRio Tinto partners with InoBat on lithium battery initiative in Serbia
(Kitco News) – Rio Tinto announced today that the company signed a Memorandum of Understanding with InoBat, a European battery technology and manufacturing company, to work together to accelerate the establishment of a “cradle to cradle” battery manufacturing and recycling value chain in Serbia.
Sentiment for gold price is at most bullish level this year – Steve Hanke
(Kitco News) – A new sentiment index for gold is signaling a bullish run. Here’s how to trade it.
Read moreGreat Panther halts mining at Tucano’s UCS pit due to slope stability concerns
(Kitco News) – Great Panther Mining (TSX:GPR; NYSE-A:GPL), a growing gold and silver producer focused on the Americas, reported Tuesday that wall movements have been detected in the west wall of the south-central portion of the Urucum Central South (“U…
Read moreGold price powers to 4.5-mo. peak as USDX erosion continues
(Kitco News) – Gold and silver prices are higher at midday, with gold notching a new 4.5-month high.
Read moreAfrican mines drive Nord Gold production increase in first quarter
(Kitco News) – Nord Gold plc (“Nordgold”), the internationally diversified gold producer, announced today that the company produced 241.1 thousand ounces of gold equivalent, a 7% increase over Q1 2020 (225.9 koz).
Read moreGold price jumps following disappointing U.S. consumer confidence data
(Kitco News) – Gold prices are pushing into positive territory again following weaker than expected optimism among U.S. consumers.
Read moreGold price inches away from $1,900 as U.S. new home sales disappoint in April, prior month revised down
(Kitco News) – The U.S. new home sales missed expectations in April with a fall of 5.9%, while the prior month’s number was also revised down.
