Trevali increases net loss by 594% in 2020, production drops
(Kitco News) – Trevali Mining (TSX: TV) (BVL: TV) (OTCQX: TREVF) today reported that its payable zinc production in 2020 was 313 million pounds, a 25% decrease over 2019 (417.4 million pounds); lead production was 29.9 million pounds.
Read moreTaseko delivers adjusted EBITDA of $108M, reduces net loss in 2020
(Kitco News) – Taseko Mines (TSX: TKO; NYSE American: TGB; LSE: TKO) reported Thursday its full-year 2020 earnings from mining operations before depletion and amortization of $119 million and adjusted EBITDA of $108 million.
Read moreRussian gold miner Polyus delivers strong 2020 financial results, pays $1.1B in dividend
(Kitco News) – Polyus, the largest gold producer in Russia and one of the top five gold miners globally, today reported that the company’s total gold sales volumes amounted to 2,817 thousand ounces of gold for 2020, down 2% compared to the prior-year.
Gold prices to hold steady, silver to outperform as rising economic growth leads to inflation – Scotiabank
(Kitco News) – Gold and silver still play a role in a portfolio even as global economic growth expectations continue to increase.
Read moreAlamos Gold generates strong cash flow, further increases dividend
(Kitco News) – Alamos Gold (TSX:AGI; NYSE:AGI) yesterday reported that the company produced 426,800 ounces of gold in FY2020, meeting revised production guidance. Alamos said that the company met or exceeded production guidance at all three of its oper…
Read moreGold pressured by rising bond yields, shorter-term futures bears
(Kitco News) – Gold futures prices are solidly lower in midday U.S. trading Thursday. Rising government bond yields are at least short-term bearish for the precious metals markets as the benchmark U.S. Treasury note is presently yielding 1.45%.
Read moreKirkland Lake Gold achieves record production, revenue and net earnings
(Kitco News) – Kirkland Lake Gold (TSX:KL) (NYSE:KL) (ASX:KLA) today announced that the company achieved record levels of production, revenue, net earnings and adjusted net earnings for both Q4 and FY2020.
Read moreCan platinum’s price surge continue? World Platinum Investment Council gives forecast
(Kitco News) – Many of the factors that have held back platinum in the past, including demand, liquidity in the futures markets, and visibility, are now becoming tailwinds for the price, said Trevor Raymond, director of research at the World Platinum I…
Read moreThis is the catalyst that could take gold price to $2,100 after selloff – ANZ
(Kitco News) – The market’s equity and crypto boom has left gold in the dust so far this year, but one catalyst could turn things around and take gold prices as high as $2,100 this year, according to Australia and New Zealand Banking Group (ANZ).
Read moreThe hottest mining/metals stock and where it’s headed
(Kitco News) – Rio Tinto Group is an Anglo-Australian multinational and the world’s second-largest metals and mining corporation
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