Gold is trading higher ahead of the European open
(Kitco News) – Gold has pushed another 0.17% higher overnight after an impressive session on Thursday where the yellow metal gained 1.59%. Silver is trading at near enough flat this morning and importantly broke out of the previous wave high to trade a…
Read moreBarrick Gold’s Mark Bristow on how to out-flank bitcoin
(Kitco News) – Like it’s done in the past, Bristow said gold has to innovate.
Read more$100 silver price target; Keith Neumeyer challenges market surplus data
(Kitco News) – $100 silver price target; Keith Neumeyer challenges market surplus data
Read moreWheaton Precious Metals reports record revenue, ups dividend in Q1 2021
(Kitco News) – The company’s revenue was $324 million in the first quarter of 2021 representing a 27% increase from the first quarter of 2020.
U.S. bitcoin traders not protected, crypto space to benefit from more regulation, says SEC Chairman Gensler
(Kitco News) – There are some apparent gaps in the regulatory framework surrounding crypto assets, Securities and Exchange Commission Chairman Gary Gensler said during the third House hearing focused on GameStop.
Read moreGhana-focused gold miner Golden Star doubles net income in first quarter
(Kitco News) – Adjusted net income attributable to Golden Star shareholders was $4.4m or $0.04 basic income per share in Q1 2021 compared to $2.2m or $0.02 basic income per share in Q1 2020.
Read moreTop shareholder AngloGold Ashanti provides Corvus Gold with $20M funding for Bullfrog
(Kitco News) – Corvus Gold (TSX:KOR) said today that AngloGold Ashanti North America committed $20 million loan to fund the ongoing permitting and pre-development work at the Corvus’s North Bullfrog project as well as ongoing exploration at its Mother Lode and Lynnda Strip projects.
Great Panther cuts net loss as production slides in first quarter
(Kitco News) – Great Panther Mining (TSX:GPR; NYSE-A:GPL) announced today that the company produced 30,556 gold equivalent ounces in Q1 2021 (down 12% compared to Q1 2020) from its three wholly-owned mines: Tucano in Brazil, and Topia and the Guanajuat…
Read moreHecla Mining reports strong operational and financial results in Q1 2021
(Kitco News) – Hecla Mining Company (NYSE:HL) reported Thursday that the company produced 3.5 million ounces of silver in Q1 2021, a 7% increase over prior year period. The company said that production increased due to higher grades and Lucky Friday b…
Read moreSibanye-Stillwater doubles EBITDA, looks to grow gold portfolio
(Kitco News) – Sibanye-Stillwater said Thursday it had a record quarterly financial performance with adjusted EBITDA of
R19,826 million (US$1.325 billion) for Q1 2021, 78% higher than adjusted EBITDA for Q1 2020 of R11,132 million (US$724 million).
