Swedish mining giant Boliden ups profit on improved operations
Published: Saturday, 27 February 2021 19:00 | 
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| (Kitco News) - Sweden-based mining company Boliden (Nasdaq Stockholm: BOL) announced Friday that its annual free cash flow increased by more than 680%, from 635 million Swedish kronor ($76 million) in 2019 to 4,957 million kronor ($595 million) in 2020.
Nexa reports 13% zinc output decline in 2020
Published: Saturday, 27 February 2021 19:00 | |
| (Kitco News) - Nexa Resources (NYSE:NEXA) (TSX:NEXA), one of the top five zinc producers worldwide, reported today that its consolidated net revenue totaled US$1,951 million in 2020 compared to US$2,333 million a year ago, a 16% decline the company explained by lower average metal prices and lower volumes.
Gold and silver still have a long way to go - Peter Hug
Published: Saturday, 27 February 2021 19:00 | |
| (Kitco News) - The current bull market cycle in the metals is far from over, and the Federal Reserve would need to reverse course on monetary policy before we see a top in prices, said Peter Hug, global trading director of Kitco Metals.
If gold price can't hold $1,800, major selloff could be next
Published: Saturday, 27 February 2021 19:00 | |
| (Kitco News) - Gold failed to breach the $1,850 an ounce level this week and another retreat below $1,800 could open the floodgates to more selling, analysts told Kitco News.
Namibia expects uranium and diamond boom after a bleak 2020
Published: Saturday, 27 February 2021 19:00 | |
| (Kitco News) - Local media sources reported today that Namibia expects strong rebound in the domestic diamond and uranium production after a slump in 2020 caused by the COVID-19 pandemic.