Freeport-McMoRan mourns the passing of former chair, James Robert
(Kitco News) – Moffett served as Chairman of Freeport-McMoRan from 1984-2015 and CEO from 1984-2003. Mr. Moffett co-founded McMoRan Exploration Co. in 1969
Read moreThe many reasons why gold is tanking
(Kitco News) – Commodities blamed gold’s woeful performance on higher treasury yields, greater risk appetite and recent Democrat wins
Read moreGold and silver move higher overnight leading into the EU session
(Kitco News) – The Gold and silver price found a bid overnight as the yellow metal traded 0.91% higher and its counterpart 2.42% in the black respectively. Risk sentiment was slightly mixed with Japan’s Nikkei 225 (0.09%) and China’s Shanghai Composite…
Read moreCentral Asia Metals ups production of copper, zinc and lead in 2020
(Kitco News) – Central Asia Metals (AIM: CAML) today provided a Q4 and full year 2020 operations update for the Kounrad dump leach, solvent extraction and electro-winning copper recovery project in Kazakhstan and the Sasa zinc-lead mine in North Macedo…
Read moreBitcoin price falls 20%; why you should wait for even more pullbacks – Todd Horwitz
(Kitco News) – As bitcoin price fell by 20% on Monday, some traders are anxious to know if now is the time to buy. Todd Horwitz of BubbaTrading.com is waiting for this pullback to continue some more.
Read moreSilver survey 2021: Average silver price by year-end is $38, most popular vote is $50
(Kitco News) – Kitco’s silver survey results are in, and the average response to “where do you see silver prices at the end of 2021” was $38 an ounce, while the most popular response was $50 an ounce.
Read moreSayona Mining shares soar on strategic investment from Piedmont Lithium
(Kitco News) – Piedmont Lithium announced today that it has entered into agreements to purchase the equity stakes in Sayona Mining, as well as a binding supply agreement for at least 50% of Sayona Quebec’s planned spodumene concentrate production.
Taseko expects its adjusted EBITDA to double in 2020
(Kitco News) – Taseko Mines (TSX: TKO) today reported that its adjusted EBITDA for 2020 is expected to be in the range of $105-110 million, up from $51 million in 2019.
Read moreImportant permitting milestone achieved at Trilogy’s Ambler project
(Kitco News) – Trilogy Metals (TSX/NYSE: TMQ) announced today that its Ambler project in Alaska was granted a 50-year right-of-way on federally owned and managed land by the federal agencies for the future development of the industrial access road.
Read moreState of Alaska to appeal Pebble project permit denial
(Kitco News) – Northern Dynasty Minerals (TSX:NDM)(NYSE:NAK) reported today that the Office of Alaska State Governor Mike Dunleavy announced that his administration will formally appeal the US Army Corps of Engineers’ (“USACE”) November 25, 2020 denial…
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