Russia’s Nornickel uses digital tokens to fight illegal mining and trafficking of minerals
(Kitco News) – Russian mining giant Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper.
Read moreZijin can pay off $1.4 billion Nevsun purchase in just 13 months
(Kitco News) – Zijin Mining announced Wednesday that it has entered the trial production stage for its Cukaru Peki copper and gold mine located in Serbia.
Read moreSeabridge reports COVID-19 case at 3Aces in Yukon
(Kitco News) – Seabridge Gold (TSX: SEA) (NYSE: SA) announced today that a contractor at its 100% owned 3Aces project in Canada’s Yukon has tested presumptively positive for COVID-19 when the company conducted a rapid antigen test after the person arri…
Read moreGold sells off as FOMC statement deemed hawkish
(Kitco News) – Gold prices are solidly lower and hit daily lows and a four-week low in afternoon U.S. trading Wednesday
Read moreKinross suspends gold mill in Mauritania due to a fire
(Kitco News) – Kinross Gold (TSX:K; NYSE:KGC), a major gold producer, announced today a temporary suspension of mill operations at its Tasiast mine in Mauritania due to a fire on June 15, 2021. There were no injuries reported due to the fire.
Read moreGold prices drop sharply following optimistic Federal Reserve that could raise rates in 2023
(Kitco News) – The gold market is losing some ground as the Federal Reserve strikes an optimistic tone on the health of the economy and signals that interest rates could rise by 2023.
Read more‘Big Short’ investor Michael Burry warns of ‘greatest speculative bubble of all time’
(Kitco News) – After deleting all his tweets just over two months ago, the “Big Short” investor Michael Burry is back with a clear message — markets are in the biggest bubble in history.
Trigon gets nod from gov’t to restart Kombat copper mine in Namibia
(Kitco News) – Trigon Metals (TSX-V:TM) today announced the renewal of its mining licence for the Kombat mine, a copper project comprised of five permits in Namibia.
Read moreSierra receives permit to increase capacity at Yauricocha by 20%
(Kitco News) – On Wednesday, Sierra Metals (TSX: SMT) announced the receipt of an Informe Técnico Minero (“ITM”) Permit from the Peruvian Ministry of Energy and Mines. The ITM Permit allows for the construction and operation at a capacity of 3,600 tonnes per day (“TPD”), at the Yauricocha Mine in Peru.
Torex increases Media Luna indicated resources by 58%
(Kitco News) – Torex Gold (TSX: TXG) today announced an updated Mineral Resource estimate for the Media Luna project in Mexico.
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