Kitco News
(Kitco News) – The miner said the plant is being mobilized. A long-term mining contract was signed with Redpath.
The post Nevada Copper targets restart in Q3 2020 appeared first on WorldSilverNews.
Kitco News
(Kitco News) – Integra will have an option to take a 10% stake in Latin Resources.
The post Latin Resources signs JV with Argentinian investment group appeared first on WorldSilverNews.
Kitco News
(Kitco News) – Kappes, Cassiday & Associates of Reno, Nevada, are conducting the study of the engineering design and construction budget for re-processing of the former heap leach material as a
proposed restart plan.
The post Golden Predator expects re-start study to wrap up in Q3 appeared first on WorldSilverNews.
Kitco News
(Kitco News) – Bluejay is advancing its Dundas Ilmenite Project in Greenland, which is being developed towards production in the near term.
The post Proposed ilmenite mine in Greenland expects a decision soon appeared first on WorldSilverNews.
SilverSeek.com
Wed, 06/17/2020 – 14:39
Nikkei Asian Review/Yusho Cho/6-14-2020
“‘There is no room for negotiation today,’ a black-market currency dealer said when approached on West Nanjing Road, a bustling commercial strip in Shanghai, last week. ‘It’s going to be 7.2 yuan to the dollar.’The official rate was 7.06 that day, but the man, who was a little past his prime, was defiant. At one point late last month, the yuan had sunk to 7.19 in overseas trading. He was confident in the direction of the weakening currency.”
USAGOLD note: Not much capital, according to this article, is escaping China at this time. One would think that gold and silver demand would be on the rise these days. Here is a chart on the price of gold in yuan year to date – up 15.67%.
