Vale touts a first with wind-powered ore carriers

(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.

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Gran Colombia reports $118 million net income in Q1 2021

(Kitco News) - Gran Colombia Gold (TSX: GCM; OTCQX: TPRFF) announced that the company's gold production totaled 49,058 ounces at its Segovia operations in Q1 2021 compared with 50,346 ounces in Q1 2020. The company said it remains on track with its annual production guidance for 2021 of 200,000 to 220,000 ounces of gold.

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