Will U.S. economy and dollar really collapse? ‘Gold bugs’ will hate this message says Marin Katusa
(Kitco News) – The predominant sentiment regarding the state of the American economy and political landscape amongst pundits and analysts today seems to be one of doom and gloom, says Marin Katusa, investor and author of his new book “The Rise of Ameri…
Read moreNutrien bumps earnings guidance, plans to produce more potash than expected
(Kitco News) – Nutrien (TSX and NYSE: NTR), a leading producer of potash, nitrogen and phosphate products worldwide, announced today that it has increased its first-half 2021 earnings guidance given the strength in global fertilizer markets and strong …
Read moreGold, silver a bit weaker just ahead of Fed Chair Powell’s testimony
(Kitco News) – Gold and silver prices are modestly down in midday U.S. trading Tuesday, as the markets are on hold ahead of highly anticipated comments from the U.S. central bank chief this afternoon.
Read moreSchlumberger commits to net zero by 2050
(Kitco News) – Schlumberger announced today its commitment to achieve net-zero greenhouse gas (GHG) emissions target by 2050.
Read moreRun-of-mine heap leaching selected for Rio2’s Fenix gold project in Chile
(Kitco News) – Rio2 (TSXV: RIO; OTCQX: RIOFF; BVL: RIO) today announced positive results obtained from the run-of-mine (“ROM”) heap leaching trial for its Fenix gold project in Chile.
Caterpillar to produce ‘zero-emission machines’ for Nouveau Monde’s Matawinie mine
(Kitco News) – Nouveau Monde, a Canadian company developing advanced carbon-neutral graphite-based material solutions for the growing lithium-ion and fuel cell markets, announced today that it has signed an agreement with Caterpillar pursuant to which …
Read moreBitcoin is better than gold: Shark Tank’s Mark Cuban remains positive on crypto as bitcoin erases gains for the year
(Kitco News) – Bitcoin can’t seem to catch a break as prices fall to new lows for the year. Even supportive comments from billionaire investor Mark Cuban can’t generate much bullish traction.
Read moreRio Tinto to deploy world’s first fully autonomous water trucks
(Kitco News) – Rio Tinto announced today that the company will deploy the world’s first fully autonomous water trucks at its $2.6 billion Gudai-Darri iron ore mine in Western Australia’s Pilbara region.
Equinox Gold suspends Los Filos mine due to blockades
(Kitco News) – Equinox Gold (TSX: EQX, NYSE American: EQX) announced Tuesday that mining activities at its Los Filos mine in Mexico have been temporarily suspended as the result of illegal blockades by a group of unionized employees and members of the …
Read moreGold price remains under pressure as U.S. existing home sales drop for a fourth straight month in May
(Kitco News) – Gold was relatively unchanged and trading down on the day as the U.S. existing home sales dropped for the fourth month in a row in May but were still slightly better than expected.
