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Silver

Department of Energy launches $9 Million desalination prize

Kitco News

(Kitco News) – The U.S. Department of Energy announced Tuesday the launch of the $9 million American-Made Challenges: Solar Desalination Prize, a competition to accelerate the development of systems that use solar-thermal energy to produce clean water from very-high-salinity water.

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Silver

Great Bear receives court approval

Kitco News

(Kitco News) – Great Bear Resources (TSX-V:GBR) announced Wednesday it obtained a final order from the Supreme Court of British Columbia yesterday allowing it to implement the company’s Ma previously announced plan to reorganize its business, including the spin-off of its wholly-owned subsidiary, Great Bear Royalties.

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Silver

Los Filos suspension extended by Mexican gov’t

Kitco News

(Kitco News) – Los Filos Mine in Guerrero State, Mexico, saw its suspension of non-essential activities until May 30, 2020, with the potential for earlier start-up on May 18, 2020 in areas with low or no cases of COVID-19.

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Silver

Fresnillo’s lower precious metal production is in-line with expectations

Kitco News

(Kitco News) – Mexican precious metal producer Fresnillo said Wednesday Q1 precious metals production dipped, and anticipated lower grades caused the shortfall.

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Silver

COVID-19 mining shutdowns hurt silver production the most, gold the least – report – Kitco NEWS

  1. COVID-19 mining shutdowns hurt silver production the most, gold the least – report  Kitco NEWS
  2. Silver faces uncertain future due to Covid-19 disruption: GlobalData  Mining Technology
  3. LatAm silver miners bear the brunt of COVID-…  BNamericas English
  4. Silver miners hit hard by lockdowns, GlobalData says  The Northern Miner
  5. Mine shut-ins drop from 1600 to 729, says GlobalData  www.mining-journal.com
  6. View Full Coverage on Google News
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Silver

Silver Price Daily Forecast – Silver Holds Above $15.00 – Yahoo Finance

Silver Price Daily Forecast – Silver Holds Above $15.00  Yahoo Finance
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Silver

Could $3,000/Oz Gold Prices Become the New Normal?

“You should be looking at the 10- to 20-year fallout of this because even now the Fed’s calling for 18 months of recovery.”
— Scottsdale Bullion & Coin President Eric Sepanek

Normal. It’s starting to feel like a distant memory for many Americans. Out of work. Stuck at home. No end to the quarantine in sight. No cap on the money printing. Mismanaged stimulus payments. Murmurs of inflation from Fed members. The future grows murkier by the day.

The only certainty is the safety of gold. When the dust settles, you can expect gold to shine even brighter. Spot prices to soar even higher.

How high could spot gold prices go? $3,000? $4,000? Higher?

Watch the video above for the answer and expert analysis of what the “New Normal” might hold.

Do you know how long this crisis will last? Have you thought about its impact on your savings next year? In five years? Ten years? Have you prepared for the fallout of this monetary mess? Scottsdale Bullion & Coin’s advisors are here to help you. Whether you have questions about financial planning for the “New Normal” or want to secure your future with gold today, call 1 (888) 812-9892.

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Silver

Scotiabank’s metals business closure could impact daily gold price discovery — analysts

Kitco News

(Kitco News) – Turbulent times of first trying to sell, then downsizing its bullion desk, Canadian Bank of Nova Scotia (Scotiabank) (TSX: BNS.TO) now appears to be closing its metals business, according to Reuters.

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Silver

Lucapa Diamond reports ‘widespread uncertainty’, issues securities

Kitco News

(Kitco News) – The company said it will use the funds for exploration and to preserve mining assets suspended as a result of the COVID-19
pandemic, as well as general corporate purposes.

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Silver

‘Electrified and partially-automated’ mine improves Seabridge’s economics

Kitco News

(Kitco News) – “The benefits of incorporating Iron Cap into mine plans at an early stage have exceeded the upper end of our expectations.”

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