Verdence: ‘negative interest rates are a dangerous tool’
(Kitco News) – The Federal Reserve is likely to avoid the much-talked-about negative interest rates to counter economic weakness, as these can be a “dangerous tool,” said Verdence Capital Advisors.
Bitcoin daily chart alert – Bullish chart pattern develops – May 19
(Kitco News) – Bitcoin-U.S. dollar prices are firmer Tuesday. A bullish triangle pattern has recently formed on the daily chart. Also, a price uptrend is still firmly in place on the daily chart.
Read moreBitcoin daily chart alert – Bullish chart pattern develops – May 19
(Kitco News) – Bitcoin-U.S. dollar prices are firmer Tuesday. A bullish triangle pattern has recently formed on the daily chart. Also, a price uptrend is still firmly in place on the daily chart.
Read moreThe miner’s next worry after COVID-19: nationalization
(Kitco News) – “There is a temptation to raise royalties,” said Piet who warns that miners must understand the country dynamics where they operate and who they can trust
Read moreGlencore finances Group Eleven
(Kitco News) – Glencore is the owner of the Pallas Green project in Ireland, which hosts the Pallas Green deposit. Group Eleven’s adjacent Stonepark project hosts the Stonepark zinc deposit with an estimated mineral resource of 5.1 million tonnes grading 8.7% zinc and 2.6% lead in the inferred category.
Glencore finances Group Eleven
(Kitco News) – Glencore is the owner of the Pallas Green project in Ireland, which hosts the Pallas Green deposit. Group Eleven’s adjacent Stonepark project hosts the Stonepark zinc deposit with an estimated mineral resource of 5.1 million tonnes grading 8.7% zinc and 2.6% lead in the inferred category.
Hochschild Mining to resume mining in Peru
(Kitco News) – Hochschild Mining said it is still measuring the impact of shutdowns on full-year guidance.
Read moreHochschild Mining to resume mining in Peru
(Kitco News) – Hochschild Mining said it is still measuring the impact of shutdowns on full-year guidance.
Read moreGold down as risk appetite keener on positive vaccine study
(Kitco News) – Gold prices lost overnight gains and are trading sharply down in midday U.S. dealings Monday, after scoring decent gains overnight and hitting a five-week high.
Read moreJohnson Matthey: COVID-19 hitting both supply, demand for PGMs
(Kitco News) – Both supply and demand for platinum group metals will suffer “significant damage” during 2020 as a result of the global COVID-19 pandemic, materials maker Johnson Matthey said in a report Monday.