News
Good news from Europe and Asia on the manufacturing PMI front
Published: Sunday, 28 February 2021 19:00 | 
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| (Kitco News) - It has been good news all round on the manufacturing front overnight and this morning. The US readers will wake up to read that German Manufacturing PMI hit 60.7 vs exp 60.6 (prev 57.1) and in the UK the number printed at Manufacturing PMI 55.1 vs exp 54.9 (prev 54.1) for February.
Rio Tinto continues to invest in the Pilbara region
Published: Sunday, 28 February 2021 19:00 | |
| (Kitco News) - Rio Tinto has spent over $500 million to continue to develop the Greater Tom Price iron ore operations in Western Australia’s Pilbara region.
Gold and silver bounce higher leading into the first EU trading day of the month
Published: Sunday, 28 February 2021 19:00 | |
| (Kitco News) - Gold (1.38%) and silver (1.44%) have bounced quite nicely this morning on the first trading day of the month. This is welcome news after a dismal end to February where the yellow metal lost 6.18% of its value.
Australia posts a new record in gold output for 2020
Published: Sunday, 28 February 2021 19:00 | |
| (Kitco News) - Surbiton Associates have confirmed that the Australian gold mining sector set a new production record with 327 tonnes in 2020 despite the challenges of the year, according to the gold consultants.
Red River pours first gold at Hillgrove
Published: Sunday, 28 February 2021 19:00 | |
| (Kitco News) - The company said that the first bar poured weighed 0.97kg and graded 83% gold and 13% silver.