Gold and silver are marginally lower following yesterday’s gains
(Kitco News) – After having a great session yesterday gold has retraced slightly overnight. On Monday the precious metal climbed +1.35% and leading into the European session now has pared around -0.28% of the move. Silver (-0.33%) has also moved slight…
Read moreSee the visible gold hit that sent Odyssey up 100%
(Kitco News) – “The potential extent of the Bottle Dump trend is up to 3km and the known gold mineralisation is open
to the east and west and at depth. Odyssey has consolidated some of the best gold exploration ground
in the Western Australian Goldfields and we are looking forward to applying modern exploration
techniques to uncover the area’s outstanding potential.”
Calibre reports highest quarterly gold production in Nicaragua since Q3 2016
(Kitco News) – Calibre produced 45,452 ounces of gold in Nicaragua in Q1 2021, a highest quarterly production since Q3 2016.
Read moreLithium producer Livent expects ‘higher end of guidance’ as battery market improves
(Kitco News) – Livent said that it expects performance to be at the higher end of its guidance ranges as market conditions continue to improve. Guidance for revenue is in the range of $335 million to $365 million and Adjusted EBITDA is the range of $40…
Read moreBCSC halts Valorem Resource trades due to ‘unsubstantiated statements’
(Kitco News) – Valorem is an exploration company focused on the Americas.
Read moreGolden Predator and Viva Gold nix deal
(Kitco News) – Golden Predator (TSX.V: GPY; OTCQX: NTGSF) announced the development today in a news release. Reason for the change was not given. The acquisition was announced in March.
Read moreIAMGOLD’s production slips in Q1 due to heavy seasonal rains
(Kitco News) – Net earnings for the first quarter 2021 were $19.5 million, or $0.04 per share, compared to net loss of $34.4 million, or $0.07 per share in the prior year quarter.
Read moreEarnings explosion: We’ve ‘never, ever’ seen this before – Michael Lee’s top stock picks
(Kitco News) – Earnings explosion: We’ve ‘never, ever’ seen this before – Michael Lee’s top stock picks
Gold caught in the middle as Yellen, Buffett present opposing views on inflation
(Kitco News) – According to some analysts, the gold market is benefiting from shifting sentiment in the bond market after U.S. Treasury Secretary Janet Yellen downplayed inflation fears as the Biden Administration proposes nearly $6 trillion to support…
Read moreMining led 2020 GDP growth in Nunavut and Yukon
(Kitco News) – According to the Statistics Canada’s “Gross domestic product by industry: Provinces and territories, 2020” reports released today, Nunavut and Yukon were only two Canadian jurisdictions to show GDP growth in 2020 with mining sector contr…
Read more