Russian diamond giant ALROSA says sold 2,040 carats at digital auction in April
(Kitco News) – Russia’s ALROSA, the leader of the world diamond mining industry, announced today that it has successfully sold about 95 percent of lots at its digital auction in April.
Read moreRoyalty company Triple Flag files $250 million offering
(Kitco News) – Triple Flag Precious Metals said Monday that it had filed a preliminary base PREP prospectus to raise about $250 million.
Read moreEramet extracts lithium in Europe
(Kitco News) – Eramet announced Tuesday that it succeeded in extracting lithium from geothermal brine at the Rittershoffen geothermal power plant in the Rhine Rift Valley.
Read moreSpanish Mountain delivers robust PFS for its eponymous gold project
(Kitco News) – Spanish Mountain (TSXV: SPA) announced Tuesday the positive results of the pre-feasibility study (“PFS”) for the 100% owned Spanish Mountain gold project located in central British Columbia, Canada.
Read moreOsisko reports new high-grade drill results from Lynx
(Kitco News) – Osisko Mining (OSK:TSX) today released new analytical results from the ongoing drill program at its 100% owned Windfall gold project located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Québec.
First, we get ‘shrinkflation’, then inflation runs out of control – Will Rhind
(Kitco News) – While raw commodities have been soaring in price, the CPI has recorded muted growth overall, barring a few sectors, like energy, and used trucks, that have climbed much higher last month.
Read moreCenterra Gold reports 737% net earnings increase in Q1 2021, cautious about guidance
(Kitco News) – Centerra Gold (TSX: CG and NYSE: CGAU) today reported that its net earnings in Q1 2021 were $167.4 million, a 737% increase compared to net earnings of $20 million in Q1 2020.
Read moreSummer of volatility? Gold price to make a run to $1,900 as Fed waits for better data
(Kitco News) – Summers are usually a quiet time for the markets, especially for gold. But this year could surprise investors with fresh bouts of volatility, said OANDA senior market analyst Edward Moya.
Read moreGold prices remain under pressure even as Fed’s Brainard says the central bank will be ‘patient’
(Kitco News) – The gold market is holding steady in negative territory. The market is unable to find any traction from dovish comments from Federal Reserve Governor Lael Brainard.
Read moreEndeavour Silver ups operating cash flow 205% in first quarter
(Kitco News) – Endeavour Silver (NYSE: EXK; TSX: EDR) announced Tuesday that in Q1 2021, the company produced 1,039,710 oz of silver, up 22% and 10,894 oz of gold, up 31% compared to Q1 2020, from its three silver-gold mines in Mexico.
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