‘It should be hard for gold to do anything but appreciate’ – Bloomberg Intelligence
(Kitco News) – He notes that the technical under-pinnings are still there, writing that the U.S. debt-to-GDP is at a 130% threshold, a post-war high. Addtionally, G4 central-bank balance sheets as a percentage of GDP have reached an all-time apex of ab…
Read moreWhere is gold headed next week? Vote now!
(Kitco News) – Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short-term
Read moreMarkets at mania levels; retirement funds at risk of being destroyed – Peter Grandich
(Kitco News) – Markets at mania levels; retirement funds at risk of being destroyed – Peter Grandich
Lucapa suspends diamond mine in Lesotho over COVID-19 lockdown
(Kitco News) – Lucapa Diamond Company (ASX: LOM) reported today that according to the announcement by the Lesotho Prime Minister, Right Honourable Majoro, the Lesotho Government has imposed a 14-day nation-wide lockdown commencing midnight Lesotho time…
Read moreGold market saw record ETF inflows in 2020 – WGC
(Kitco News) – ETF inflows into the gold space hit record levels in 2020 as prices gained 25% on an annual basis, according to the World Gold Council (WGC).
Read moreRio Tinto extends New Zealand smelter operations to 2024
(Kitco News) – Rio Tinto reported today that it has reached an agreement on a new electricity agreement with Meridian Energy that allows New Zealand’s Aluminium Smelter (NZAS) to continue operating the Tiwai Point aluminium smelter until December 31, 2024.
Rio Tinto extends New Zealand smelter operations to 2024
(Kitco News) – Rio Tinto reported today that it has reached an agreement on a new electricity agreement with Meridian Energy that allows New Zealand’s Aluminium Smelter (NZAS) to continue operating the Tiwai Point aluminium smelter until December 31, 2024.
East Africa Metals on schedule in Ethiopia despite unrests
(Kitco News) – East Africa Metals (TSXV: EAM) today provided an update on the status of development programs on the company’s Ethiopia projects.
Read moreEast Africa Metals on schedule in Ethiopia despite unrests
(Kitco News) – East Africa Metals (TSXV: EAM) today provided an update on the status of development programs on the company’s Ethiopia projects.
Read moreAvino increases measured and indicated resources by 60%
(Kitco News) – Avino Silver & Gold Mines (ASM:TSX/NYSE) announced today that it has increased measured and indicated mineral resources by 60% to 75.9 million silver equivalent ounces at the company’s Avino property located near Durango in west-central Mexico.