Company to provide update on CK Gold Project and soon-to-be released PFS to the world's most prospective producers, explorers, and developers within the precious metals industryCHEYENNE, Wyo., Nov. 9, 2021 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU), a gold exploration and development company, is pleased to announce that its management will be attending and presenting at the 2021 Precious Meta...Read More
The Cobalt alloy grade, in-whs Rotterdam, $/lbtrade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets assessed Cobalt alloy grade, in-whs Rotterdam, $/lb at...Read More
The Cobalt standard grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets assessed Cobalt standard grade,...Read More
Canada's First Cobalt Corp will expand its Ontario facilities to produce a range of precursor battery materials and to recycle lithium-ion batteries, it said.The Toronto-listed cobalt producer, which is North America's only cobalt refinery, also plans - subject to shareholder approval - to change its name to Electra Battery Materials to better reflect its new strategy, it also said. First Co...Read More
This week's episode features Cameco's Q3 conference call with president and CEO Tim Gitzel, who describes the fundamentals of uranium as the "best conditions ever." He also discusses how nuclear energy is essential to reducing greenhouse gases and achieving 'net zero' carbon emissions, as well as the latest developments in the company's multi-year dispute with the Canada Revenue Agency.All this an...Read More
Uranium Energy (NYSE-AM: UEC) has entered into a definitive agreement to acquire all of the outstanding shares of Uranium One Americas Inc. (U1A) for a total purchase price of US$112 million, comprising cash and the replacement of US$19 million in reclamation bonding.U1A is a subsidiary of Uranium One Inc., which is part of Russia's state atomic energy company Rosatom and the world's fourth-larg...Read More
U.S.-focused i-80 Gold (TSX: IAU; US-OTC: IAUCF) says the results of a preliminary economic assessment (PEA) for its Granite Creek asset in Nevada confirm the project offers "substantial economic opportunity." The company, which spun off from Premier Gold Mines as part of the company's acquisition by Equinox Gold (TSX: EQX; NYSE: EQX) , began underground test mining at Granite Creek in Sept...Read More
Asante Gold (TSXV: ASE), a pure gold exploration and development company, has updated its timeline to restart its newly added, past-producing Bibiani gold mine in Ghana.The Vancouver-based company, which completed the acquisition of Bibiani from Australia's Resolute Mining (ASX: RSG; LSE: RSG) in mid-August, expects to begin production at the asset in the third quarter of 2022.Mining contractor...Read More
Australia's Newcrest Mining (TSX: NCM; ASX: NCM) has entered into an agreement to acquire all of the outstanding common shares of Canada's Pretium Resources (TSX: PVG, NYSE: PVG) it does not already own in a deal that values the Canadian miner at $3.5 billion.Pretium is the owner of the Brucejack underground gold mine in the highly prospective Golden Triangle region of northwestern British Columbi...Read More
Brazil's automotive production dropped by 24.8% year on year in October amid a global microchip shortage and a stoppage of truckers in the Port of Santos, S??o Paulo.Light vehicle production totaled 177,900 units last month, compared with 236,500 units a year earlier.Anfavea, the national association of motor vehicle manufacturers, said that production was affected by suspensions among carmakers b...Read More
"We believe that it is now time for our project to proceed to the construction and production phases with Zijin, a leader with a track record...Read full newsRead More
American Eagle Gold Corp. is pleased to announce that its drillRead full newsRead More
Steve Hanke, professor of applied economics at Johns Hopkins University, discusses with David Lin, anchor for Kitco News, the implications for investors of higher inflation. "[Inflation] could go higher and the main thing is persistence. This talk we have, it's all political nonsense...they're talking about inflation being temporary, and it's a supply chain problem. This is just utter rubbish. The...Read More
(Kitco News) Next year will be "a tough one" with inflation and supply chain bottlenecks getting worse, according to Almonty Industries CEO Lewis Black.Things will only get worse before they get better as the inflation rate in the U.S. accelerated to a 30-year high of 6.2% in October. "Inflation has been created because the solution to locking everyone down was to throw money at them. Ultimately,...Read More
(Kitco News) The market is no longer convinced that inflation might be as transitory as the Federal Reserve is letting on after U.S. consumer prices jumped 6.2% on an annual basis in October - the hottest reading since 1990.In response to the data, gold jumped nearly $40 on the day, with December Comex futures last trading at $1,867.50, up 2% on Wednesday. Stocks, on the other hand, dipped as risk...Read More
Once upon a time, way in the way back, I wrote one of my first articles for what would become the Outsider Club.It all hinged around one chart, one federal judge's ruling, and a "gray market" industry that is now legit and soaring beyond what anyone could anticipate.Here is that chart, and we'll get right into what it means, why it mattered, and what it means for us today as investors.As the feder...Read More
Yesterday's article addressed whether or not gold was positioned for a large upside breakout. We cited that the upcoming CPI (Consumer Price Index) numbers which were released today, would be a huge component to answer that question. Our technical studies indicated that a break in gold futures above $1835 would be a trigger for a strong breakout or price search. That is exactly what we saw today....Read More
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) - Kinross Gold (TSX: K, NYSE: KGC) said today that the company produced 483,060 Au eq. oz. in Q3 2021, down 20% compared with 603,312 Au eq. oz. in Q3 2020, primarily due to lower production at Tasiast a...Read More
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) -Gold prices rocketed to a five-month high after U.S. inflationdata rose to its highest level in 31 years; however, according to the world'slargest asset management firm, this still might not be enough t...Read More
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) - According to GlobalData, gold production in China, the world's largest gold producer and consumer, is expected to grow by 4.7% in 2021, against a 3.9% fall reported in 2020.The country's production dec...Read More