LME's Ring reopens with 85% drop in trading volume
Published: Thursday, 23 September 2021 20:00 | 
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| (Kitco News) - After a year-and-a-half hiatus, due to the COVID-19 pandemic, the London Metals Exchange resumed its open outcry trading in the famous "Ring." However, the future of the physical trading arena remains in question as volume significantly drops.
Yellen warns of "irreparable damage" if debt limit is not raised, extraordinary measures run out in October
Published: Thursday, 23 September 2021 20:00 | |
| (Kitco News) - U.S. Treasury Secretary Janet Yellen called on Congress to raise the debt limit, warning that the Treasury Department is on track to run out of cash and exhaust its "extraordinary" measures in October.
Cora Gold secures $25 million for Sanankoro development
Published: Thursday, 23 September 2021 20:00 | |
| (Kitco News) - Cora Gold, the West African focused gold company, announced Wednesday that it has signed a new US$25m term sheet with investment firm Lionhead Capital Advisors to fund the future development of Cora’s flagship Sanankoro gold project in Southern Mali.
Equinox grows gold reserves and resources at Mesquite
Published: Thursday, 23 September 2021 20:00 | |
| (Kitco News) - Equinox Gold (TSX: EQX) today announced an updated mineral reserve and resource estimates for the Mesquite gold mine in California, USA, and the Fazenda Brasileiro and Riacho Dos Machados (“RDM”) gold mines in Brazil.
Costs at primary silver mines increased in Q2 2021 on higher sustaining capital spending - Metals Focus
Published: Thursday, 23 September 2021 20:00 | |
| (Kitco News) - Metals Focus said that in Q2 2021, global average all-in sustaining cost (AISC) for primary silver mines was $10.09/oz, down 10% quarter-on-quarter but up 3% year-on-year.