Kitco News
(Kitco News) – Kodal Minerals announced today it signed a memorandum of understanding with Sinohydro Corporation Limited to develop the Bougouni lithium project based in Mali.
The post Kodal Minerals signs MOU to develop Bougouni lithium project appeared first on WorldSilverNews.
Kitco News
(Kitco News) – Gem Diamonds (LSE: GEMD) recoverd a high quality 233 carat type II white diamond from the Letšeng mine in Lesotho.
The post Gem Diamonds recovers 233 carat diamond appeared first on WorldSilverNews.
Kitco News
(Kitco News) – Troilus Gold (TSX: TLG; OTCQB: CHXMF) said on Monday its preliminary economic assessment for its Troilus gold project in Quebec, Canada, is positive.
The post Troilus’ PEA for its Quebec project shows an after-tax NPV of 5% of $1.156 billion appeared first on WorldSilverNews.
Mining.com/Valentina Ruiz Leotaud/8-30-2020
“In the market analyst’s view, Russian gold production will lead the rise with gold output jumping from 11.3moz in 2020 to 15.5moz in 2029. This figure represents an average annual growth of 3.7% during 2020-2029 and would see Russia overtake China as the largest gold miner, accounting for 11.6% of global output by 2029, compared with 10.6% in 2020.”
USAGOLD note: But will it be enough to keep up with demand – particularly under current market circumstances? Consider, too, that both Russia and China – soon to be the world’s two largest producers according to Fitch Solutions – retain the bulk of their production as part of their national reserves.
The Intercept/Glenn Greenwald/8-28-2020
“But those events unfolded and built upon one another over the course of a decade. By crucial contrast, the current confluence of crises, each of historic significance in their own right — a global pandemic, an economic and social shutdown, mass unemployment, an enduring protest movement provoking increasing levels of violence and volatility, and a presidential election centrally focused on one of the most divisive political figures the U.S. has known who happens to be the incumbent president — are happening simultaneously, having exploded one on top of the other in a matter of a few months.”
USAGOLD note: Most of us realize that something is amiss but Greenwald breaks down the sordid details in this unsettling psychological profile of the U.S. population.
