News
German ZEW data indicates a positive outlook
Published: Monday, 17 January 2022 19:00 | 
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| (Kitco News) - German ZEW survey expectations for January jumped to hit 51.7 vs expectations of 32.0 the previous reading was 29.9. The current conditions were relatively poor printing at -10.2 worse than the estimates of -8.8.
Gold and silver edge lower heading into the European open
Published: Monday, 17 January 2022 19:00 | |
| (Kitco News) - As U.S. fixed income yields rose overnight the USD strengthened and this sent gold (-0.24%) and silver (-0.18%) lower. In the rest of the commodities complex, copper trades -0.22% in the red while spot WTI bucked the trend to push 1.57% higher.
First Quantum achieves record copper production in 2021, expects up to 12% output growth by 2024
Published: Monday, 17 January 2022 19:00 | |
| (Kitco News) - The company said that Cobre Panama achieved record copper production of 331kt for the full year, 125kt more than 2020.
The ‘Black Swan’ event that could wipe out your wealth and how to hedge against it
Published: Monday, 17 January 2022 19:00 | |
| (Kitco News) - The ‘Black Swan’ event that could wipe out your wealth and how to hedge against it
Oyu Tolgoi increases copper production 9% in 2021, gold output jumps 157%
Published: Monday, 17 January 2022 19:00 | |
| (Kitco News) - The company also said that the total cumulative increase to the Definitive Estimate underground development capital cost due to the impacts of COVID-19 through the end of Q4 2021 was US$175 million.