Blackrock’s Hambro thinks there is more upside in commodities to come
(Kitco News) – Evy Hambro, Head of Thematic and Sector Investing at Blackrock was interviewed by Bloomberg where he made some interesting observations about the current commodities cycle. He said that we are coming out of a period of depressed demand b…
Read moreGold and silver are flat leading into the European open
(Kitco News) – Gold and silver are trading flat leading into the European open this morning. The yellow metal is traded at $1835/oz while silver stopped just ahead of $27.90/oz before falling to $27.35/oz. Copper is trading another 1.68% higher but not…
Read moreAura Minerals boosts EBITDA 801% on strong production in first quarter
(Kitco News) – Aura’ Q1 2021 production was 66,7811 GEO, the second highest consolidated production in the company’s history and 66% higher when compared with same period of 2020.
Read moreGem Diamonds recovers 370 carat white diamond
(Kitco News) – Gem is on a roll. Last week the company announced the recovery of a high quality 254 carat Type II, white diamond from the same mine.
Read moreCrushers are the single biggest energy use at mine sites – Weir
(Kitco News) – “[It’s] equivalent to the power used by 221 million typical UK homes, or c.1% of total consumption globally. Comminution is therefore a natural target for the most impactful energy savings opportunities,” writes the study’s authors.
Read moreCan gold coins really be legal tender? New all-time price high this year is ‘possible’
(Kitco News) – Can gold coins really be legal tender? New all-time price high this year is ‘possible’
Read moreMcEwen touts exploration results in Canada, USA and Argentina
(Kitco News) – McEwen Mining (NYSE: MUX) (TSX: MUX) today announced exploration results for the Fox mining complex in Canada, the Gold Bar mine in Nevada, and the San Jose mine in Argentina.
Read moreJaguar reports net income decline in Q1 2021; says COVID-19 starting to recede in Brazil
(Kitco News) – Jaguar Mining (TSX:JAG, OTCQX:JAGGF) today announced that its revenue for Q1 2021 increased 3% to $31.7 million, compared with $30.8 million in Q1 2020, due to a 20% increase in the average realized gold price of $1,793/oz in Q1 2021 as …
Read moreU.S. dollar losing its reserve currency luster as greenback’s share of global reserves hits 25-year low – IMF
(Kitco News) – The reach of the U.S. dollar as the global reserve currency is declining as central banks around the world reduce the share of U.S. dollar reserves, according to the International Monetary Fund (IMF).
Read moreAlphamin ups EBITDA on stronger sales and higher tin prices
(Kitco News) – Alphamin Resources (AFM:TSXV, APH:JSE AltX,), a producer of 4% of the world’s mined tin from its high grade operation in the Democratic Republic of Congo, reported today that contained tin sales of 3,351 tons in March quarter 2021 were 45% higher than the previous quarter as the company recouped the sales shortfall of December quarter.
