U.S. Department of Energy funds First Cobalt
Published: Friday, 14 May 2021 20:00 | 
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| (Kitco News) - First Cobalt (TSX-V: FCC; OTCQX: FTSSF) said Wednesday that it was awarded funding by an arm of the U.S. Department of Energy.
Coeur ups gold output in Q1 2021, silver down 11%
Published: Friday, 14 May 2021 20:00 | |
| (Kitco News) - Coeur Mining (NYSE: CDE) reported Wednesday that the company's Q1 2021 gold production of 85,225 ounces exceeded expectations for the quarter, tracking well towards its full-year guidance range.
KAZ Minerals reports copper production decline in Q1 2021
Published: Friday, 14 May 2021 20:00 | |
| (Kitco News) - Kazakhstan-based KAZ Minerals reported Thursday that the group’s copper production in Q1 2021 was 72.4 kt, a 3% decline compared to Q1 2020 (74.9 kt), and on track to achieve annual guidance of 275-295 kt.
Gold price at $2,300 if not for bitcoin - Bloomberg Intelligence
Published: Friday, 14 May 2021 20:00 | |
| (Kitco News) - Technological innovation is benefiting many metals but not gold, said Bloomberg Intelligence, advising to pair gold with bitcoin in a portfolio.
Mints are running out of gold; not enough physical silver to cover paper - former U.S. Mint Director
Published: Friday, 14 May 2021 20:00 | |
| (Kitco News) - A global shortage of physical gold and silver products has created a premium on coins and bars, and this premium is causing a disconnect between the spot price and the “true” price that retail investors need to pay, said Ed Moy, former director of the U.S. Mint.