Kitco News
(Kitco News) – “The production process will result in analcime sand as a side stream and it is planned to use this in the extension work at the Port of Kokkola. Some of Business Finland’s funding has been earmarked for the acquisition of equipment for handling the analcime sand.”
The post Finland gov’t grants Sibanye-backed Keliber $7.9 million for clean lithium production appeared first on WorldSilverNews.
Kitco News
(Kitco News) – The National Institute of Statistics and Informatics of Peru (INEI) announced Sunday that the domestic mining and hydrocarbons sector contracted by 5.29% in November 2021 compared to the same month of 2020.
The post Peru’s mining industry contracts 5.85% in November 2021 – report appeared first on WorldSilverNews.
Kitco News
(Kitco News) – Gold and silver futures prices are sharply lower and near daily lows in midday U.S. dealings on this first trading day of 2022.
The post Gold, silver hit hard by rally in USDX, higher U.S. Treasury yields appeared first on WorldSilverNews.
Kitco News
(Kitco News) – Centerra Gold (TSX: CG) today confirmed that it is engaged in negotiations with representatives of the Kyrgyz Republic to resolve their disputes related to Centerra’s Kumtor Mine and the seizure of control of the mine by the Kyrgyz government in May 2021.
The post Centerra Gold confirms negotiations with Kyrgyz govt over Kumtor mine appeared first on WorldSilverNews.
Silver COT Report
Mon, 01/03/2022 – 15:30
Gold-Eagle/Nick Barisheff/12-27-2021
“In December 1997, The Financial Times ran an article entitled ‘The Death of Gold.’ Since then, the gold price in US dollars has increased 519I% from $288 to $1,780. Today, after many political events and crises we have evidence of the continuous and in many ways spectacular growth of the gold price. This confluence of many current events is creating a perfect storm for gold to increase dramatically more than we imagined.”
USAGOLD note: This article by Nick Barisheff caught our attention because financial press gold naysayers are out in full force once again proclaiming the death of gold, even as storm clouds gather on the horizon. Given the record demand for gold coins and bullion over the past 12-months, we suspect that the reports of its death are greatly exaggerated.
Image attribution: MichaelKirsh, CC BY-SA 4.0 <https://creativecommons.org/licenses/by-sa/4.0>, via Wikimedia Commons
The post Today’s top gold news & opinion first appeared on Today’s top gold news and opinion.
Toronto Star/Frank Giustra/12-28-2021
“It almost feels as if there is a universal collective denial of the obvious facts. And, truthfully, I believe there is something much more insidious at play, and the precarious state of the U.S. financial system is, in fact, known to those who pull or influence the levers of monetary policy.”
USAGOLD note: A thought-provoking look at what’s been and what’s likely to be from a deep thinker who has made a fortune in the gold mining business. Giustra says we are living in a “collective delusion aided and abetted by a loosely aligned club of players.” This no-punches-pulled editorial is highly recommended ……
The post Today’s top gold news & opinion first appeared on Today’s top gold news and opinion.