There is a massive blockchain based precious metals facility being planned in Dubai
(Kitco News) – The DMCC free zone in Dubai has entered a deal with a real estate fund to build a 100,000 square feet precious metals refinery and storage facility. The facility is to be built to back ‘stablecoins.
Read moreGold moves slightly lower heading into the European open
(Kitco News) – After another move higher during Wednesday’s session gold is heading into today’s European session 0.14% lower. Silver (-0.28%) is also slightly down but this pales in comparison to the 2.81% gain yesterday.
Read moreBunker Hill Mining announces ‘robust’ PEA for its Sun Valley in Idaho
(Kitco News) -“Our PEA confirms that by maximizing the use of existing resources, partnerships and infrastructure, the Bunker Hill Mine has the potential to be re-started rapidly as a low-cost, long life, sustainable operation. Pleasingly for our investors, the robust financial returns in the PEA, including a $101 million NPV, 46% IRR, and 2.5 year payback.”
Rio Tinto commences exploration work on Midnight Sun’s Zambia licenses
(Kitco News) – The Solwezi Licences are comprised of two individual exploration licences totalling 506 square kilometres, situated in the North-Western Province of Zambia on the prolific Zambia-Congo Copper Belt and adjacent to Africa’s largest copper mining complex, First Quantum’s Kansanshi Mine
Dogecoin and Ethereum: one of these is ‘very, very’ undervalued – Ran Neuner
(Kitco News) – Dogecoin and Ethereum: one of these is ‘very, very’ undervalued – Ran Neuner
AngloGold Ashanti waives pre-emptive right over Tropicana; welcomes Regis as partner
(Kitco News) – The company waives its pre-emptive right over the 30% stake in the Tropicana gold mine.
Read moreAustralia’s Evolution Mining produces record gold ounces in Canada
(Kitco News) – Red Lake gold mine in Ontario continued to ramp-up production producing a record under Evolution ownership of 35,810oz.
Read moreIs bitcoin losing its luster? JPMorgan and others issue a warning
(Kitco News) – After a flash crash over the weekend, bitcoin is yet to gain back lost ground, and a pause in the rally is viewed by some analysts, including JPMorgan, as a warning sign.
Read morePilbara Minerals doubles lithium carbonate shipments, regains inclusion in S&P/ASX 200 index
(Kitco News) – Pilabara Minerals (ASX:PLS) said Wednesday it shipped 71,229 dmt of spodumene concentrate in its March quarter, more than double the 33,729 dmt shipped during the same quarter a year ago.
Read moreGold could drop sharply without an inflation assist – Mickey Fulp
(Kitco News) – Price action in the gold market is playing out eerily similar to what happened in the last bull market and ensuing multi-year correction and one market strategist says that he is neutral on precious metals and recommends taking profits i…
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