Bitcoin daily chart alert – Bulls make progress at mid-week – Apr. 28
(Kitco News) – Bitcoin-U.S. dollar prices are near steady in early U.S. trading Wednesday, following good gains on Monday and Tuesday after falling to a seven-week low last weekend.
Read moreSilver Technical Analysis ahead of the FOMC meeting
(Kitco News) – Silver (-1.19%) has been moving lower in the Asian/EU session ahead of the U.S. open. The channel formation is one of the key features on the chart and any break or test of the structure could give us an indication of the future trajecto…
Read moreFresnillo shares fall after Q1 production update
(Kitco News) – Fresnillo (FRES:LSE) has released its latest Q1 Output Update. Gold output rose to hit 228,200/oz, this was 5.9% higher on the quarter. However, silver production fell 2.4% to reach 12.6M/oz for Q1.
Read moreGold and silver trade lower leading into the European open
(Kitco News) – Gold and silver have moved lower in the Asian session leading into the European open. The yellow metal is neatly half a percent lower trading at $1768/oz while silver has lost around 1.22% to trade just under $26/oz.
Read moreThe business of royalty-and-streaming is set to grow – McKinsey
(Kitco News) – >Streaming and royalty companies have a strong geographic focus with 50% of their deals associated with just four countries: Canada, Mexico, Peru, and the United States. McKinsey said streaming and royalty companies favor areas where there is an established mining tradition and strong legal frameworks.
GR Engineering acquires Mipac for $21.4 million
(Kitco News) – Mipac is forecasting FY21 revenues of about $25 million. The company has about 85 employees.
Read moreSandfire Resources anticipates mining license for its US$259 million African project
(Kitco News) – The company is also advancing an African project, the T3 (Motheo) Copper-Silver Project. Sandfire describes T3 Project as a significant sediment-hosted copper and silver deposit located in the underexplored Kalahari Copper Belt in Botswa…
Read moreAustralia’s IGO reports production setback in March quarter 2021
(Kitco News) – Gold production at Tropicana mine was 26% lower at 82,393oz for the quarter.
Read moreCapstone reports 35% copper production increase in Q1 2021, becomes debt free
(Kitco News) – Capstone’s Q1 2021 production totaled 47.8 million pounds of copper and was 35% higher than Q1 2020.
Read moreFirst Quantum delivers strong operational and financial results – Q1 2021 report
(Kitco News) – First Quantum’s total copper production was 205,064 tonnes in Q1 2021, an increase of 5% from Q1 2020 as a result of record production at Cobre Panama and consistent production in Zambia.
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