Russia depends on imports of many critical minerals – report
(Kitco News) – Russia has imported more than a third of strategic types of minerals in 2018-2020, and such dependence carries risks for national security.
Read moreUSA Rare Earth exercises option to acquire 80% of unique Round Top project
(Kitco News) – Round Top hosts a wide range of critical heavy rare earth elements, high-tech metals, including lithium, gallium, zirconium, hafnium and beryllium.
Read moreRussian mining giant Nornickel distributes $3.5 billion as 2020 dividend
(Kitco News) – The total dividend distribution for the FY 2020 will amount to USD 3.5 bn.
Read moreChris Vermeulen is now 100% in cash ahead of Bitcoin, stock market crash
(Kitco News) – Chris Vermeulen is now 100% in cash ahead of Bitcoin, stock market crash
Read moreAnglo Asian reports record revenue as production in Azerbaijan slides in 2020
(Kitco News) – The company said it generated record total revenues in 2020 of $102.1 million, representing an 11% year-on-year increase (2019: $92.1 million).
Read moreGold, silver see slight gains as bulls buy the early dip
(Kitco News) – Gold and silver prices are slightly up in midday U.S. trading Thursday, as bullish traders stepped in to buy the earlier dip in prices.
Read moreU.S. Treasury cracks down on crypto: transfers over $10K to be reported to IRS
(Kitco News) – The U.S. Treasury Department announced that it would be taking steps to implement stricter cryptocurrencies compliance through IRS, adding that the crypto space poses a tax-evasion risk.
Read moreAngloGold Ashanti suspends Obuasi as search for missing miner continues
(Kitco News) – AngloGold Ashanti noted that all mining activity at Obuasi has been suspended.
Read moreLofdal heavy rare earths project sees 650% boost in resources
(Kitco News) – The company pointed out a sixfold increase in contained TREO in Measured & Indicated categories to 76,950 tonnes.
Massive deflation, not inflation, will be a problem as commodities drop, says Ark’s Cathie Wood
(Kitco News) – While many in the marketplace fear runaway inflation, Ark Invest founder Cathie Wood said that the problem ahead would be “massive deflation” as commodities drop.
Read more