Gold and silver trade flat leading into the European open
(Kitco News) – Gold and silver are trading flat leading into the European open on Friday. The yellow metal is trading at $1876/zo while silver it at $27.70/oz. Elsewhere in the commodities markets, copper is -0.24% in the red, and spot WTI has moved 0….
Read moreIs Great Bear’s Dixie on track to become a tier-one gold deposit?
(Kitco News) – The company is undertaking one of the largest exploration programs in Canada in 2021. In March the company announced it had a $45 million budget with plans to drill over 200 holes.
Read moreBHP enters A$22 million farm-in agreement for Northern Territory copper project
(Kitco News) – BHP may earn up to a 75% interest in Elliott by spending up to A$22 million over 10 years.
Read moreGold futures soften after New York’s close but remains above a critical support
(Kitco News) – Gold futures soften after New York’s close but remains above a critical support
Fed ‘forced’ to raise rates this year; stocks to throw tantrum, gold to rise – Todd Horwitz
(Kitco News) – Fed ‘forced’ to raise rates this year; stocks to throw tantrum, gold to rise – Todd Horwitz
Centerra initiates proceedings against former director, alleges ‘breaches of fiduciary duties’
(Kitco News) – Centerra Gold initiated proceedings in the Ontario Superior Court of Justice against Tengiz Bolturuk, a former member of its Board of Directors.
Read moreGold miners should put cash to work and add to their pipeline – Soar Financial
(Kitco News) – “Unfortunately gold miners always do the wrong thing at the wrong time. They save money when they should be raising debt, and they raised debt when it’s expensive,” said Hoffmann who spoke to Kitco on Wednesday.
Read moreGold miners should put cash to work and add to their pipeline – Soar Financial
(Kitco News) – “Unfortunately gold miners always do the wrong thing at the wrong time. They save money when they should be raising debt, and they raised debt when it’s expensive,” said Hoffmann who spoke to Kitco on Wednesday.
Read morePandora dropping natural diamonds is ‘completely irrelevant’ – Lucara Diamond
(Kitco News) – “We’ve seen a sharp V-shaped recovery in diamond prices,” said Thomas. “[It’s] really encouraging. We went into the pandemic with a lot of uncertainty, but in the latter part of 2020, we saw those dormant prices come right back.”
Read moreCryptocurrencies not convenient payment method due to price swings, says Fed’s Powell
(Kitco News) – Wild price swings in the crypto space make it an inconvenient payment method, said Federal Reserve Chair Jerome Powell in an unexpected video message.
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