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Vale touts a first with wind-powered ore carriers
Published: Friday, 14 May 2021 20:00 | 
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| (Kitco News) - "Rotor sails are cylindrical rotors, four meters in diameter and 24 meters high - equivalent to a seven-story building. During operation, the rotors rotate at different speeds, depending on the environmental and operational conditions of the ship, to create a pressure difference in order to move the ship forward, due to a phenomenon known as the Magnus effect," writes Vale.
Gold price can push above $1,850 as bullish sentiment pervades
Published: Friday, 14 May 2021 20:00 | |
| (Kitco News) - Rising inflation pressures and renewed economic uncertainty continue to generate strong bullish sentiment in the gold market among market analysts and retail investors, according to the latest Kitco News Gold Survey.
Russia’s Polymetal achieves prime status in ISS ESG corporate rating
Published: Friday, 14 May 2021 20:00 | |
| (Kitco News) - Russian mining company Polymetal, a senior global producer of silver and gold, reported today that according to the most recent ISS ESG Corporate Rating, Polymetal’s score improved from ?+ to B-, crossing the Prime threshold.
Marathon Gold signs MOU with Miawpukek First Nation on Valentine project
Published: Friday, 14 May 2021 20:00 | |
| (Kitco News) - Marathon Gold (TSX: MOZ) and Miawpukek First Nation announced today that they have concluded a memorandum of understanding (the "MOU") relating to the environmental assessment and development of the Valentine gold project located in central Newfoundland.
Victoria Gold boosts net income as production in Yukon ramps up
Published: Friday, 14 May 2021 20:00 | |
| (Kitco News) - Victoria Gold (TSX-VGCX) announced Friday that during the three months ended March 31, 2021, the Eagle gold mine produced 26,759 ounces of gold, compared to 10,544 ounces of gold production in Q1 2020. The company was primarily focused on operations ramp up throughout 2020 and declared commercial production on July 1, 2020.