Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and metals with accuracy and objectivity. Our goal is to help people make informed market decisions through in-depth reporting, daily market roundups, interviews with prominent industry figures, comprehensive coverage of important industry events and analyses of market-affecting developments.Copper got a boost with news that potentially less metal will be available.
The lithium sector looked bullish with big financings announced. Lithium Americas received a record $2.2 billion loan from the US Department of Energy to finance the construction of processing facilities at Thacker Pass in Nevada. Liontown Resources announced this week a A$550 million debt facility to fund the company's Kathleen Valley lithium project through first production and ramp-up to the 3Mtpa base case.
is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties. He was co-founder and publisher of MINING.com, an award-winning news site. Before coming to media, McCrae worked in IT and banking. Please reach out:The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc.
The latest Kitco News Weekly Gold Survey showed last week’s bullish sentiment among market experts has largely evaporated, while retail traders remain optimistic about gold’s chances for continued gains next week. - As the gold market is expected to consolidate around its recent record highs, investors are finding value in other areas of the precious metals market as it could be silver’s turn to run, according to some analysts.
Volatility spiked in the crypto market on Friday as Bitcoin briefly fell below $66,000 only to reverse course and spike back above $70,000 as the day progressed.As Bitcoin’s price soars to new highs, macro analysts say non-stop fiat printing and growing debts are the real sources behind its rise, and it won’t stop until governments change course.Mar 15, 2024 - 4:57 PMKitco News - Copper gained nearly 6% this week to trade above $4 pound, noted mining audiences manager Michael McCrae.
Source: Financial Digest (financialdigest.net)
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