Gold miner Evolution approves A$250M investment for the Mungari plant expansion
Published: Monday, 05 June 2023 10:34 | 
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(Kitco News) - The company said that the feasibility study demonstrated a “compelling investment case” for Mungari expansion with an IRR ranging from 19% to 28%.
Fiat is a sinking ship and Bitcoin is the lifeboat, but CBDCs are inevitable - Moss and Breedlove
Published: Monday, 05 June 2023 09:12 | |
| (Kitco News) - Fiat currencies fracture the global economy and enslave citizens, while Bitcoin is the sound money solution, according to Robert Breedlove, host of the What is Money podcast, and Mark Moss, host of the Mark Moss Show and partner at the Bitcoin Opportunity Fund.
Bitcoin falls to $25,800 in the wake of the SEC's lawsuit against Binance
Published: Monday, 05 June 2023 08:55 | |
| (Kitco News) - The crypto market experienced a widespread sell-off on Monday, with BTC falling to $25,800 after the SEC filed a lawsuit containing 13 charges against Binance and CZ.
Russia sells gold and yuan from its National Wealth Fund to finance budget deficit
Published: Monday, 05 June 2023 08:52 | |
| (Kitco News) - Russia's central bank sold four tonnes of gold and 2.59 billion yuan (USD$365 million) from the National Wealth Fund (NWF) accounts to raise additional money to finance the budget deficit, according to the Finance Ministry.
Troilus Gold suspends operations in Quebec due to worsening forest fire conditions
Published: Monday, 05 June 2023 08:31 | |
| (Kitco News) - The Route du Nord, which provides the only road access to the Troilus site, is currently closed due to worsening forest fire conditions.