The Fed employs ‘their full bazooka’
(Kitco News) – Mohamed A. El-Eria said the Fed was force to act on Sunday with the Asian markets opening.
The Fed employs ‘their full bazooka’ Read More »
Bitcoin, gold price rally as Fed slashes federal funds rate
(Kitco News) – The federal funds rate is the interest rate used by depository institutions, such as banks and credit unions, when lending reserve balances to other depository institutions.
Bitcoin, gold price rally as Fed slashes federal funds rate Read More »
Lotus Resources completes acquisition of Kayelekera uranium project
(Kitco News) – Lotus said Kayelekera has more than $200M invested in plant and infrastructure and produced uranium from
2009 to 2014.
Lotus Resources completes acquisition of Kayelekera uranium project Read More »
Zinc exploration company halts work in Italy
(Kitco News) – The company said that the government has now decreed that all of Italy is the subject of restrictions to limite the spread of the COVID-19 virus. The restrictions will remain in force throughout Lombardy until 3 April 2020.
Zinc exploration company halts work in Italy Read More »
SilverCrest Metals announces C$75 million bought-deal financing
(Kitco News) – The underwriters will purchase 9.1 million common shares at a price of C$8.25 per share for proceeds of about C$75 million.
SilverCrest Metals announces C$75 million bought-deal financing Read More »
Ely Gold closes purchase of net profit royalty from Liberty Gold
(Kitco News) – Ely is entitled to 15% of the net profits from mining claims in Mineral County, Nevada.
Ely Gold closes purchase of net profit royalty from Liberty Gold Read More »
Superior Gold commits to 100,000 ounces annually
(Kitco News) – The company realized a record gold price of $1,387 per ounce.
Superior Gold commits to 100,000 ounces annually Read More »
Dash for cash: investors dump shares, bonds in wild week for markets
(Kitco News) – The other well-known safe-haven, gold, saw a lesser $3.1 billion of inflows.
Dash for cash: investors dump shares, bonds in wild week for markets Read More »
Gold dives, palladium heads for record weekly decline
(Kitco News) – Platinum dropped 1.5% to $751.50, headed for its biggest weekly loss ever.
Gold dives, palladium heads for record weekly decline Read More »
Dog Days of March
(Kitco News) – Normally, I would ask for an ice-cold Corona after a week like this, but I will refrain…