Month: January 2021

Silver

Sherritt misses 2020 nickel production target due to disruptions in Cuba

Post author By Gold News Club
Post date January 26, 2021

Kitco News

(Kitco News) – Production was negatively impacted by railway service disruptions, an extended plant shutdown, reduced contractor availability due to COVID-19, and by unplanned repairs.

The post Sherritt misses 2020 nickel production target due to disruptions in Cuba appeared first on WorldSilverNews.

Silver

Gold price may be stuck, but there is still plenty of value in the marketplace – BMO

Post author By Gold News Club
Post date January 26, 2021

Kitco News

(Kitco News) – 2021 has seen a strong start for commodity markets; however, according to an analyst at BMO Capital Markets, there is one asset that is conspicuously absent from the uptrend, which might not be so bad.

The post Gold price may be stuck, but there is still plenty of value in the marketplace – BMO appeared first on WorldSilverNews.

Silver

Endeavour reports record 2020 gold production, reduces debt by $600M

Post author By Gold News Club
Post date January 26, 2021

Kitco News

(Kitco News) – The company said it produced record 344koz of gold in Q4 2020, a 41% increase over Q3 2020 while AISC decreased by 15% to ~$770/oz.

The post Endeavour reports record 2020 gold production, reduces debt by $600M appeared first on WorldSilverNews.

Silver

Viscount Mining identifies “potentially the largest silver deposit in the US” – InvestorIntel

Post author By Gold News Club
Post date January 26, 2021

Viscount Mining identifies “potentially the largest silver deposit in the US” InvestorIntel

Silver

Demand for Physical Bullion Surges – Will It Break Paper Markets?

Post author By Gold News Club
Post date January 26, 2021

Demand for Physical Bullion Surges – Will It Break Paper Markets?

Those cries turned to agony, however, when bankers discovered too many contract holders were unwilling to take their beating and instead chose to take delivery of the actual bars. The bullion banks lost hundreds of millions of dollars in the scramble to come up with enough physical metal to meet those unexpected obligations.

Clint Siegner
Mon, 01/25/2021 – 19:46

Silver

Record High Holdings in Silver-Backed ETFs

Post author By Gold News Club
Post date January 26, 2021

Record High Holdings in Silver-Backed ETFs

Global holdings in silver-backed ETFs hit the highest ever on Wednesday, according to Bloomberg calculations. The iShares Silver Trust took in half a billion dollars in inflows on Tuesday, the biggest inflows in seven years. Despite silver dropping more than 4% so far this year, investors are piling into the precious metal.

Frank Holmes
Mon, 01/25/2021 – 18:59

Silver