Perth Mint responds to gold, silver shortage allegations (Pt. 2/2)
(Kitco News) – Rumors have circulated on the internet that The Perth Mint has a shortage of physical silver and gold and that their pool products, either allocated or unallocated, do not have enough physical bullions backing them up.
Read morePiedmont says new scoping study confirms superiority of its lithium project
(Kitco News) – Piedmont Lithium announced today that new Scoping Study confirms that Piedmont will be a large and low-cost producer of lithium hydroxide, benefitting from its ideal location in Gaston County.
Read moreKeliber receives funding from Business Finland for its lithium project
(Kitco News) – Keliber, a Finnish mining and chemical company focused on producing battery grade lithium hydroxide, announced Wednesday that Business Finland has granted Keliber Technology a maximum grant of 708 000 euros as part of the funding granted…
Read moreSilver remains the best asset to own and it’s a ‘steal under $30’ – Crescat Capital
(Kitco News) – The silver market has entered a consolidation period at around $28, and one fund manager says that this precious metal remains the asset to watch this year.
Read moreKamoa-Kakula’s phase 1 copper output reserved for Zijin and CITIC
(Kitco News) – Today, Ivanhoe Mines (TSX: IVN) announced that Kamoa Copper has signed copper concentrate and blister copper off-take agreements on competitive arm’s-length commercial terms, for 100% of Kamoa-Kakula’s Phase 1 copper output, which is pro…
Read moreGold languishes amid scant risk aversion at present
(Kitco News) – Gold prices are seeing mild losses in late-morning U.S. trading Wednesday. Bullish technical chart postures remain in place for both metals and that’s keeping the markets afloat.
Gold priced in CAD edges down as BoC leaves interest rate at 0.25%
(Kitco News) – The Bank of Canada left its key interest rate at 0.25% on Wednesday, reiterating that it will leave its policy stance unchanged until the Bank’s inflation objective is sustainably achieved. Gold prices in Canadian dollars edged down afte…
Read moreSlight price gains for gold, silver in summertime trading
(Kitco News) – Gold and silver prices are holding mild gains in early morning U.S. trading Wednesday. A weaker U.S. dollar index and higher crude oil prices at mid-week are working in favor of the precious metals bulls.
Read moreBitcoin daily chart alert – Bulls work to stabilize prices – Jun. 9
(Kitco News) – Bitcoin-U.S. dollar prices are higher in early U.S. trading Wednesday. Bulls are trying to stabilize the market. However, the Bitcoin bears still have the overall near-term technical advantage as prices remain in a near-term downtrend on…
Read moreBoE’s Haldane talks tapering
(Kitco News) – The Bank of England’s Andy Haldane has commented on the U.K.’s move out of the coronavirus pandemic. Interestingly the Chief Economist at the bank said the BoE may need to start turning off the stimulus tap. As a reminder, Haldane voted last month to cut the Bank’s £895 billion QE programme by £50 billion in light of the UK’s recovery prospects.