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Silver

Glencore to acquire JV partners’ shares in Cerrejón for $588M

Kitco News

(Kitco News) – Today, Glencore announced that, following notices from its joint venture partners, BHP and Anglo American, offering to sell their entire shares in the Cerrejón coal mine in Colombia, Glencore has reached agreement with each of them on substantially the same terms to acquire their respective 33.3% interests.

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Trish Regan: This is the ‘scariest’ economic threat facing America today

Kitco News

(Kitco News) – Regan is an award-winning journalist who has led primetime programming for Fox Business, CNBC, and Bloomberg.

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Gold prices move up, look to extend rise after first weekly climb in 4 weeks

Yahoo! Finance: SI=F News

Gold futures move up on Monday, looking to extend their gains after posting the first weekly price gain in four weeks.

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Silver

GR Silver Mining Announces Appointment of Eric Zaunscherb as Chairman of the Board – Yahoo Finance

GR Silver Mining Announces Appointment of Eric Zaunscherb as Chairman of the Board  Yahoo Finance
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Silver

Fortuna and Roxgold shareholders approve business combination to create a global premier growth-oriented intermediate gold and silver producer – Business Wire

Fortuna and Roxgold shareholders approve business combination to create a global premier growth-oriented intermediate gold and silver producer  Business Wire
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Gold

Bankrate survey of best way to invest for more than 10 years

Bankrate/James Royal/6-23-3021

graphic image of a portfolio with gold bars as one of the items

“Gold and other precious metals were the pick for 13 percent of Americans, down slightly from last year’s 14 percent and within the same range since 2013.”

USAGOLD note: Gold places fourth in this Bankrate survey of Americans at 13%. Top-rated was real estate at 28%. Savings was second at 25% and stocks were third at 16% and within the same range as gold.


Graphic courtesy of VisualCapitalist.com

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Gold

A contest to control crypto is under way

Financial Times/Gillian Tett/6-24-2021

graphic representation of block chain technology“Human society, the historian Niall Ferguson says, oscillates between the dynamic of a metaphorical ‘tower’ and the ‘square.’”

USAGOLD note: Tett goes on to explain the clash of the two approaches with respect to cryptocurrencies in this fascinating piece of analysis. The most challenging headwind for bitcoin, et al (the square) is not how Elon Mush feels about it on any given day, but whether governments and central banks (the tower) are going to allow them to stand as a challenge to officially sanctioned money.

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Gold

Omai Gold Mines closes non-brokered private placement – GlobeNewswire

Omai Gold Mines closes non-brokered private placement  GlobeNewswire
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Gold

Zimbabwe to allow miners to export portion of their gold – Reuters

Zimbabwe to allow miners to export portion of their gold  Reuters
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Gold

Gold stuck in a rut as virus fears counter Fed’s hawkish tilt – CNBC

Gold stuck in a rut as virus fears counter Fed’s hawkish tilt  CNBC