Artemis to raise $156 million for Blackwater development and other purposes
(Kitco News) – Artemis to raise $156 million for Blackwater development and other purposes
Read moreFortuna Silver boosts operating income 2,144% in Q1 2021
(Kitco News) – Fortuna Silver Mines (NYSE: FSM) (TSX: FVI) today reported record first quarter 2021 net income of $26.4 million, adjusted net income of $27.5 million, and adjusted EBITDA of $60.8 million.
Read moreGold, silver bulls gain more power amid price uptrends
(Kitco News) – Gold and silver prices are higher and have hit three-month and 2.5-month highs, respectively, in midday U.S. trading Monday. The metals are supported early this week by a slumping U.S. dollar index that hit a 2.5-month low today.
Read moreCoeur acquires stake in Victoria Gold in $117 million deal
(Kitco News) – Coeur Mining (NYSE: CDE) announced today that it has entered into an agreement to acquire 11,067,714 (approximately 17.8%) of the outstanding undiluted common shares of Victoria Gold (TSX: VGCX) from Orion CoVI.
Read moreAngloGold Ashanti ups earnings, production slides in first quarter
(Kitco News) – AngloGold Ashanti, one of the largest gold producers globally, reported today that its production for the first quarter of 2021 was 588,000oz at a total cash cost of $999/oz, compared with 630,000oz at a total cash cost of $773/oz from c…
Read moreBitcoin will never be ‘digital gold’ and Central Bank Digital Currencies will kill cryptos – Roubini
(Kitco News) – Valuations in risk assets continue to climb, which only strengthens the argument for rotating capital into defensive assets, such as gold, ahead of a potential market correction, said economist Nouriel Roubini, CEO of Roubini Macro Assoc…
Read moreGold’s eventual push above $1,850 will attract bullish hedge fund bets – analysts
(Kitco News) – Hedge funds are still a little reluctant to jump into the gold market even as they reduced their bearish bets with gold prices pushing back above $1,800, according to the latest data from the Commodity Futures Trading Commission.
Read moreGold, silver see price gains amid greenback erosion
(Kitco News) – Gold and silver prices are higher in early morning U.S. trading Monday and near their multi-week highs scored late last week. The metals are supported by a slumping U.S. dollar index that hit a 2.5-month low overnight.
Read moreBitcoin daily chart alert – Sideways price action continues early this week – May 10
(Kitco News) – Bitcoin-U.S. dollar prices are a bit firmer in early U.S. trading Monday. Not much new recently.
Read moreShanta gold focus on debt reduction and the local workforce for future growth
(Kitco News) In an exclusive interview with Kitco, the Shanta Gold (SHG:LSE) CEO Eric Zurin spoke about the companies latest update and the plan the company has to focus on gold mining in East Africa.
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