Grupo Mexico rings in record revenue haul in Q1
(Kitco News) – Mexican copper giant said Thursday that its revenues reached a record $3.43 billion, 40.2% higher than the same quarter a year ago.
Read moreEldorado Gold obtains one of key approvals for Skouries
(Kitco News) – Eldorado Gold announced today that the Greek Ministry of Energy and Environment has approved a modification to the Kassandra Mines Environmental Impact Assessment to allow for the use of dry stack tailings disposal at the Skouries project.
Read moreMining giant Glencore ups copper production in Q1 2021
(Kitco News) – Glencore, one of the world’s largest global diversified natural resource companies, reported Thursday that its own sourced copper production of 301,200 tonnes was 3% higher than in Q1 2020, mainly relating to productivity improvements and mine plan sequencing at the company’s South American operations including Collahuasi, Antamina and Antapaccay.
Gold, silver weaker on rising bond yields, bounce in greenback
(Kitco News) – Gold and silver prices are lower in midday U.S. trading Thursday, but up from their daily lows.
Read moreRussia’s Nornickel earmarks $5.5B to cut carbon emissions
(Kitco News) – Russia’s Norilsk Nickel, the world’s largest refined nickel and palladium producer, today announced the results of its sustainability efforts in 2020.
Russian gold miner Polyus goes 100% renewable – first among peers
(Kitco News) – Russian gold mining company Polyus (LSE, MOEX: PLZL) announced today that the group has acquired I-REC green certificates to offset emissions from the remaining share of Polyus’ energy consumption not yet directly met by renewable energy sources.
Russian gold giant Polyus becomes global leader by reserves
(Kitco News) – Russian gold mining company Polyus (LSE, MOEX — PLZL) announced today that the company’s total Proved and Probable ore reserves have increased 71% to 104 million ounces of gold as at 31 December 2020, compared to 61 million ounces of gold as at 31 December 2019.
Where is gold headed next week? Vote now!
(Kitco News) – Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short-term.
Read moreCommodities are surging, but can it last? Or is it ‘transitory’ spike as Fed says?
(Kitco News) – Commodity prices have been surging all across the board – from iron ore, lumber, and copper. But some analysts are saying that the jump in prices could be temporary, projecting a retreat in the second half of the year.
Newmont reports solid earnings as production drops 2% in first quarter
(Kitco News) – The world’s largest gold producer said it saw solid production in the first three months of 2010, even if its earnings missed expectation.
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