Rio Tinto seeks new Chairman
(Kitco News) – Rio Tinto’s Chairman Simon Thompson has informed the company’s Board that he will not seek re-election.
Company led by Robert Friedland to invest $44.5M in copper-silver-gold project in Montana
(Kitco News) – Hog Heaven is a high sulphidation epithermal silver-gold-copper-lead-zinc deposit with historical production located in the state of Montana, USA.
Read moreWorld’s nickel production dropped 4% in 2020
(Kitco News) – USGS said that global mine nickel production was 2,500 ktonnes in 2020, a 4% decline compared to 2019 (2,610 ktonnes).
Read moreWhy $200k Bitcoin is next high; adoption phase not over yet – Greg King
(Kitco News) – Bitcoin is still in a rapid adoption phase, with the peak of the current cycle at $200,000, said Greg King, founder and CEO of Osprey Funds.
Read moreSilver price ‘suppression, squeeze, Hunt Brothers, and other ‘myths’ debunk
(Kitco News) – The net effect of trying to squeeze the silver is that “you will lose your money” said Jeff Christian, managing partner of CPM Group.
Read moreFitch revises metals prices on ‘tight market supply,’ warns gold price to fall to $1,200 by 2023
(Kitco News) – Metals prices will see a significant boost in the short-term as the global economic recovery squeezes the limited available supplies, Fitch said in its updated outlook.
Read moreSilver seeing healthy consolidation, building a base to $50 – Andrew Hecht
(Kitco News) – The silver market continues to see healthy consolidation as it builds a solid base and digests last month’s push to $30 an ounce, according to one market analyst.
First Majestic initiates international arbitration request under NAFTA against the Government of Mexico
(Kitco News) – First Majestic Silver (AG: NYSE; FR: TSX) announced today that it has submitted a Request for Arbitration to the International Centre for Settlement of Investment Disputes (“ICSID”)
Read moreGlobal cobalt production fell 3% in 2020
(Kitco News) – Cobalt is the key metal of emerging green energy industry. The industry experts say that cobalt demand from nickel-cobalt-manganese (NCM) batteries used in EVs will likely increase from approximately 20,000 tonnes in 2019 to over 730,000…
Read moreSilver is ‘the best trade’: It’s sporadic but prices could hit $60 this year, says ex-JP Morgan MD
(Kitco News) – Signs of inflation are already here, and the best trade in the short-term is silver, said ex-JP Morgan managing director and now CEO of Trovio Jon Deane.
Read more